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Home Bilateral Relations Belarus-Saudi Arabia Trade and Economic Cooperation

Trade and Economic Cooperation

Over the past years Belarus has exported to the Kingdom of Saudi Arabia such goods as trucks, tractors and truck tractors, bearings, tires, optical products, milk powder and X-ray equipment, control and measuring devices, alloy steel, equipment for heat treatment of materials and stone processing, liquid crystal devices. Belarus has been traditionally importing from Saudi Arabia strategic chemistry products for the needs of internal industry.

In 2018 bilateral trade turnover reached 74,8 million USD. Belarusian exports to Saudi Arabia amounted to 9,6 million USD, Saudi imports – to 65,2 million USD. Potash fertilizers, furniture and measuring equipment were in the core of Belarusian exports to Saudi Arabia in 2018. 

In January – July 2019 Belarusian exports to Saudi Arabia amounted to 2,8 million USD. Saudi imports – to 24,7 million USD.

In March 2013 industrial delegation from Belarus paid a visit to Saudi Arabia. Presentations of industrial and investment potential of Belarus were held at the premises of the Chambers of Commerce and Industry of Riyadh and Jeddah.

In May 2016 Minsk hosted the first Belarusian-Saudi Business Forum and contact-cooperation exchange organized under the auspices of the Chambers of Commerce and Industry of Belarus and Saudi Arabia.