Trade and Economic Cooperation
At the end of 2020, trade with KSA amounted to $ 57.7 million, decreasing by 3.2 percent compared to 2019. Export amounted to $ 13.0 million (+45.1%), import — to $ 44.7 million (-4.9%). The main articles of the Belarusian exports were food,engines and measurement tools.
At the end of 2020, the turnover of services amounted to $ 1.9 million, including Belarusian exports of $ 1.8 million (a decrease of 38.7% compared to 2019). The main types of exported services were transport, business and computer services.
In 2015, the first meeting of the Joint Committee for Cooperation between the Government of the Republic of Belarus and the Government of the Kingdom of Saudi Arabia was held in Riyadh. The second meeting of the Joint Committee was held in Minsk in 2016.