Trade exchange between Turkey and Saudi Arabia grows 73.7 percent


The volume of trade exchange between Saudi Arabia and Turkey increased by 73.7 percent last June, amid the improvement of diplomatic and economic relations between the two countries.


According to data from the General Authority for Statistics (Governmental) in Saudi Arabia, issued on Wednesday, trade exchange rose to $622 million last June, from $358 million in the corresponding month of 2021.

Saudi exports to Turkey increased by 74.4 percent, recording $608 million last June, compared to $348 million in the same month from $202.

Meanwhile, Saudi Arabia’s imports from Turkey rose 47.3 percent to reach $14.4 million, up from $9.8 million.


The most prominent non-oil exports from Saudi Arabia to Turkey are chemicals and minerals, while machinery, mechanical devices and electrical equipment are the main imports.