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Marketing in Saudi Arabia country
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Where is Saudi Arabi?
Saudi Arabia, officially the Kingdom of Saudi Arabia (Arabic: المملکة العربیة السعودیة), is the largest country in West Asia. It covers most of the Arabian Peninsula to the north with Iraq, Jordan, and Kuwait to the east with the United Arab Emirates, Qatar, and the Persian Gulf to the southeast with Oman. It is bordered by Yemen to the south and the Red Sea to the west. There are important Muslim religious sites such as the Kaaba, Baqiya Cemetery, the Prophet's Mosque, and the tomb of the Prophet of Islam in this country.
Saudi Arabia is one of the largest producers and exporters of crude Oil in the world. It holds about one-fifth of the world's proven Oil reserves. Oil accounts for 95% of exports and 70% of government revenues. Recently, however, non-Oil exports have increased. Saudi Arabia's energy resources have made this desert kingdom one of the richest countries in the world. Extensive Oil revenues have led to the country's rapid modernization and the creation of a welfare state. Saudi Arabia also has the sixth-largest natural gas reserves in the world.
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- Saudi Arabia Natural Stones Market
- Saudi Arabia Minerals Market
- Saudi Arabia Petroleum Market
- Saudi Arabia Gemstones Market
- Saudi Arabia Construction Materials Market
- Saudi Arabia Chemicals Market
- Saudi Arabia Metals Market
- Saudi Arabia Petrochemicals Market
- Saudi Arabia Real estates Market
- Saudi Arabia Food Market
- Saudi Arabia Crops Market
- Saudi Arabia art and craft Market
Natural resources and Industry of Saudi Arabia
The country is rich in natural resources such as gold and copper, crude Oil, natural gas, and iron. However, in terms of forests and forest areas, deforestation and agriculture are poor. Most plants grow in oases. With more than 260 billion barrels of Oil, Saudi Arabia holds more than 14% of the reserves of this vital substance.
The country's proven Oil reserves are estimated at 7 billion barrels. The main projects are being implemented under cooperation agreements between the government and foreign companies. The share of manufacturing factories in GDP in 2004 was 94,962 million rials and the average annual production between the years 2004-2009 was 4.8 percent. Manufacturing plants, which accounted for 9.5 percent of GDP in 2005, have invested more than $ 66,000 million since the mid-1980s.
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What are the transport ways of Saudi Arabia?
Air transport to Saudi Arabia plays a major role in the country's trade. In a way that is considered as one of the characteristics of people's economic growth. The development and expansion of this type of transportation can improve the cultural and social services, the expansion of economic activities, increase the level of regional employment, and the development and expansion of tourism in the world today.
Also, the transfer of petroleum products from Dhahran to Hauff and expenditure, the transportation of grain, especially wheat from Riyadh silos, and the export to Dammam for export outside Saudi Arabia, the transportation of imported grain, especially barley, from Dammam to Riyadh and expenditure through this route.
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What are the economy indexes in Saudi Arabia?
Export amount of Saudi Arabia
Despite the large Oil exports, Saudi Arabia is not among the top 20 exporting countries in the world but is ranked 22nd after India.
One of its Oil fields has enough Oil that can fill 77.4 million swimming pools for the Olympics.
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Enforcement of the offending cargo law in Saudi Arabia
If a consignment is found to be in violation, a security label is affixed to it. The shipping company, then warehouses of the cargo under its responsibility inform people, its owner can be present to receive it. All Saudi lines are responsible for keeping the cargo in storage. When the owner arrives, the consignment is handed over to him in the presence of the customs inspector - who is responsible for issuing the security label, or lead seal and then inspected and the process is completed.
If the owner of the infringing consignment does not come, the consignment will be transferred to a place announced by the carrier company. Then, for inspection, it is sent to the customs in the presence of the company's representative by its owner and then exported abroad. In case of detection of prohibited substances, or with special conditions, or subject to duties, customs laws and instructions shall apply to them.
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What are Forbidden goods in Saudi Arabia?
First: Goods whose import is prohibited:
Smuggling of alcoholic beverages
Despite Saudi Arabia's legal ban on trade, and the production of alcohol, and despite tight controls at border and customs crossings, as well as the role of the Board of Enjoining the Good and Forbidding the Bad in dealing with lawbreakers, only in 2007, the number of 120,000 bottles of alcohol have been discovered in this country.
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