Close Menu
The Oasis Report
  • Home
  • Analysis
  • Business
  • Economy
  • Finance
  • Investor
  • Market
  • Opinion
  • Saudi Arabia
  • Startups
What's Hot

Aramco Becomes 1st in the World to Operate Advanced Renewable Energy Storage System for Gas Operations

May 22, 2025

Turkish bond attracts keen interest despite concerns

May 22, 2025

Gold Prices Ease from Two-week High as Dollar Edges Higher

May 22, 2025
Facebook X (Twitter) Instagram
Trending
  • Aramco Becomes 1st in the World to Operate Advanced Renewable Energy Storage System for Gas Operations
  • Turkish bond attracts keen interest despite concerns
  • Gold Prices Ease from Two-week High as Dollar Edges Higher
  • GIB Capital closes deals in Q1 2025 with a total value exceeding several billion dollars
  • HONOR Reveals HONOR 400 Series with Groundbreaking 200 MP AI Camera and AI Creative Editor
  • Saudi Private Sector Employment of Nationals Rises 93% in Q1
  • Gulf welcomes Trump’s hands-off approach to energy policy
  • Fintech lenders go where banks fear to tread
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram
The Oasis ReportThe Oasis Report
Thursday, May 22
  • Home
  • Analysis
  • Business
  • Economy
  • Finance
  • Investor
  • Market
  • Opinion
  • Saudi Arabia
  • Startups
The Oasis Report
Home » Saudi Arabia’s Arab League Trade Exceeds SAR87 Billion in Q4 2024

Saudi Arabia’s Arab League Trade Exceeds SAR87 Billion in Q4 2024

adminBy adminApril 16, 2025 Startups No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Saudi Arabia’s trade with Arab League nations, including the Gulf Cooperation Council (GCC), reached SAR87,768 billion in the fourth quarter of 2024, representing 17.2% of the Kingdom’s total global trade of SAR510,974 billion. This trade volume demonstrates a 6.2% annual growth rate, exceeding the Q4 2023 figure of SAR82,679 billion by over SAR5 billion, SPA reported.
According to the General Authority for Statistics’ quarterly International Trade Bulletin, the Kingdom’s trade surplus with Arab League countries, including the GCC, significantly increased to SAR30,461 billion in Q4 2024, up from SAR22,185 billion in the same period of 2023, marking a 37.3% annual growth.
Saudi Arabia’s total exports to Arab League countries amounted to SAR59,114 billion. Of this, SAR39,507 billion were destined for GCC nations, accounting for 14.2% of the Kingdom’s total global exports of SAR277,932 billion. Exports to non-GCC Arab League countries reached SAR19,607 billion, representing 7.1% of total exports.
Saudi Arabia’s imports from Arab League countries totaled SAR28,653 billion, or 12.3% of total imports. Within this, SAR18,354 billion came from GCC countries, and SAR10,298 billion from other Arab League nations. The Kingdom’s total global imports were SAR233,042 billion.
The United Arab Emirates emerged as Saudi Arabia’s top Arab export destination in Q4 2024, with exports exceeding SAR23,512 billion. Bahrain followed with SAR8,423 billion, Egypt with SAR8,353 billion, Oman with SAR4,434 billion, and Jordan with SAR2,999 billion.



Source link

admin
  • Website

Keep Reading

Aramco Becomes 1st in the World to Operate Advanced Renewable Energy Storage System for Gas Operations

Gold Prices Ease from Two-week High as Dollar Edges Higher

Saudi Private Sector Employment of Nationals Rises 93% in Q1

Turkish Cenbank Keeps Inflation Forecast at 24%

IMF Urges US to Curb Deficit, Tackle its ‘Ever-Increasing’ Debt Burden

Saudi Arabia Grants Civil Aviation Authority Financial Independence

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Turkish bond attracts keen interest despite concerns

May 22, 2025

Fintech lenders go where banks fear to tread

May 22, 2025

Franklin Templeton plans Saudi products with $5bn PIF agreement

May 22, 2025

Algeria to issue its first sukuk in June

May 22, 2025
Latest Posts

The most common travel scams in 9 global cities

May 19, 2025

Saudi Arabia, Qatar UAE go all out

May 16, 2025

Nvidia recoups its losses for the year

May 15, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Welcome to The Oasis Report, your trusted source for the latest news and insights on startups, markets, business, economy, and finance in Saudi Arabia. We are dedicated to providing timely, accurate, and in-depth coverage of the ever-evolving financial and business landscape in the region.

Facebook X (Twitter) Instagram Pinterest YouTube

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

© 2025 theoasisreport. Designed by TeraSolutions.io

Type above and press Enter to search. Press Esc to cancel.