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FINANCIAL NEWS
Auto aftermarket trade in Saudi values USD2.53bn
16 Sep 2016
(MENAFN) Saudi Arabia auto aftermarket trade valued almost USD2.6bn last year, which attracted the attention of international producers.
Moreover, the kingdom imported USD2.53bn worth of auto parts and accessories, passenger and commercial car tires and batteries.
Additionally, part and accessories were the largest import product group, valued at USD996.5mn, trailed by passenger car tiers at USD715.5mn.
Japan was the largest source for the kingdom for passenger tires (30 percent of imports), whereas it led the way in parts and accessories at 4 percent of imports.
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