Country trade view Saudi Arabia
As a trademark for Gulf countries, Saudi Arabia’s economy is dominated by crude oil production. This lack of diversification means it is highly sensitive to oil price developments.
The government budget, the trade balance and the foreign exchange reserves have all been hit hard by the recent crash in oil prices. Can Saudia Arabia recover? What will happen to exports and imports?
Learn more about the current state of trade and our expectations for the future by reading our Country trade view Saudi Arabia.