Saudi Arabia’s food imports hit SAR126bn in 2014

12/10/2015 08:09 AST

Saudi Arabia’s imports of foodstuffs and agricultural products hit roughly SAR126 billion in 2014, accounting for 14 per cent of the kingdom’s total imports during that year. The Riyadh chamber of commerce and industry said the population growth is the prime driver of the rise in the kingdom’s food imports.

This came during a meeting the chamber organised between food importers and officials from the embassies of Belgium and the Netherlands for a discussion on ways to cement economic ties.

During the meeting, Saudi officials stressed the need that the rise in food imports should be coupled with tighter controls on their quality and safety.

They noted that trade exchange between Saudi Arabia and Belgium amounted to SAR26bn in 2013 and SAR30bn between the kingdom and the Netherlands, according to a report published by the London-based Al-Sharq al-Awsat newspaper.

They expected that Saudi Arabia’s trade exchange with those two European countries to surpass SAR48bn in 2015.

It’s worth noting that Belgium and the Netherlands are considered among the top exporters of food and agricultural products to Saudi Arabia.


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