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FINANCIAL NEWS
Qatar, Saudi Arabia trade reaches USD 1.9bn
25 May 2016
(MENAFN) The mutual trade between Qatar and Saudi Arabia reached USD 1.9bn last year, while Qatar’s imports from KSA were at USD 1.4bn and exports at USD 0.5bn.
Moreover, Saudi Arabia is a main trade partner of Qatar, which was the second largest source of imports after the UAE in the GCC area.
However, the trade between both sides declined in 2015, but it witnessed gradual grow in the past years, which stood at almost USD 2.19bn in 2014.
In addiiton, Qatar’s imports from KSA were at almost USD 1.37bn, whereas exports to the kingdom were at almost USD 0.82bn in 2014.
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