With the advantages in geographical location, natural resources, infrastructure and logistics services, Saudi has been actively promoting the development of Entrepot Trade. In recent years, the scale of Saudi's Entrepot Trade has continued to grow.
According to a speech by the Minister of Industry and Mineral Resources of Saudi Arabia at a conference, Saudi Arabia's Entrepot Trade achieved significant growth in 2024, an increase of 23% over the previous year.
Saudi has introduced a series of policy measures to support the development of enterprises after the "Vision 2030", and the optimization of the investment environment has made Saudi Arabia an attractive destination for global companies to invest.
Some experts pointed out that Saudi Arabia has seen high-quality investments in the fields of automobiles, shipping, food, pharmaceuticals, and daily consumer goods, further making Saudi Arabia an important hub for exporting to regional and international markets.
As a member of the Gulf Cooperation Council (GCC), Saudi enjoys tariffs and trade conveniences within the region, further consolidating market ties with the Middle East and Gulf countries.