What are the Top 5 imports of Saudi Arabia?

What are the Top 5 imports of Saudi Arabia?

Imports The top imports of Saudi Arabia are Cars ($11.2B), Broadcasting Equipment ($5.5B), Refined Petroleum ($3.86B), Packaged Medicaments ($3.14B), and Telephones ($2.38B), importing mostly from China ($31.8B), United Arab Emirates ($18B), United States ($10.8B), Germany ($6.79B), and India ($6.37B).

What products are in high demand in Saudi Arabia?

High demand exported products from India to Saudi Arabia

  • Electrical equipments.
  • Dairy products.
  • Honey.
  • Gems & Pearls.
  • Articles of Iron & Steel.
  • Medical equipment.
  • Plastic.
  • Cereals.

What is the main import from Saudi Arabia?

Vehicles. Vehicles are a major import commodity in Saudi Arabia making them the leading import product in the country. Even though the import of cars fell by 20.5% in 2018 the figures were still impressive reaching 440,922 units.

What food does Saudi Arabia import?

Saudi Arabia is a major importer of cereals, with a value of around US$$4.3 billion. In a top of most imported cereals rice places first, followed by barley, corn, and wheat. WHEAT- SAGO is the exclusive importer of subsidized food-grade wheat in Saudi Arabia.

How can I import to Saudi Arabia?

Saudi Arabia’s Zakat, Tax, and Customs Authority requires importers to present a commercial invoice, a bill of lading, and a certificate of origin to import goods into the Kingdom. The importer is also required to present additional documents for certain imports.

How can I find importer?

All of these methods are part of the public record making it relatively simple to search through them to locate your assigned number.

  1. Your Company’s Tax ID Number / EIN.
  2. Social Security Number (Sole Proprietorships)
  3. W-2’s issued by Your Company.
  4. Commercial Invoices.
  5. Secretary of State Website.
  6. Entry Summary (CBP 7501)

How can I find buyers?

Apart from a website, you can start a blog to inform potential buyers about your products. Social media: Social media can be a powerful ally in your search for foreign buyers. A presence on Facebook, Twitter, Instagram, YouTube, LinkedIn and Reddit can help you reach out to a global audience.

What are the best businesses to start in Saudi Arabia?

Here are the best profitable small business opportunities you can start with low investment in Saudi Arabia:

  • Construction Business in Saudi Arabia.
  • Solar Energy Business in Saudi Arabia.
  • Education Business in Saudi Arabia.
  • Healthcare.
  • ICT.
  • Processed Foods.
  • Consumer and luxury goods.
  • Financial and professional services.

What does Saudi Arabia import from India?

Saudi Arabia Imports from India Value Year
Ceramic products $361.17M 2020
Electrical, electronic equipment $354.72M 2020
Mineral fuels, oils, distillation products $303.39M 2020
Articles of iron or steel $287.80M 2020

How do I get an import license?

To import or export goods which require a license, traders first must register with the Companies Commission of Malaysia. Once registered, a company must then apply for an import license from the Ministry of International Trade and Industry (MITI).