Saudi-French trade hits $55bn in 5 yrs – GASTAT

Riyadh – Mubasher: Bilateral trade between Saudi Arabia and France amounted to SAR 205 billion ($54.67 billion) starting from 2013 until 2017, recent Saudi figures have showed. 

Over the last five years, Saudi exports to France hit SAR 105 billion ($28 billion), while the kingdom's imports from the European nation stood at SAR 100 billion ($26.67 billion), the Saudi General Authority for Statistics (GASTAT) said on Tuesday.

 

Mineral fuel, oil, and wax topped Saudi exports to France in  2017 with a combined value of  SAR 10.71 billion ($2.86 billion), followed by aluminum products with SAR 203 million ($5.41 million).

On the other hand, vehicles led French exports to the GCC nation in 2017 with SAR 2.91 billion ($776 million), followed by electrical devices, equipment, and their spare parts with SAR 2.03 billion ($541 million).

On a side note, Saudi Crown Prince Mohammed bin Salman started an official visit to France on Sunday, 8 April. 

Mubasher Contribution Time: 10-Apr-2018 09:29 (GMT)
Mubasher Last Update Time: 10-Apr-2018 09:56 (GMT)