- 23 April 2019
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Saudi exports to Iraq increased significantly during the year to Saudi Arabia, the secretary-general of the Saudi Export Development Authority, Salih al-Salami, said Tuesday. The kingdom's non-oil exports to Iraq in 2018 amounted to 4.2 billion Saudi riyals, Compared to 2017.
"The value of Saudi Arabia's non-oil exports to Iraq in 2018 amounted to 4.2 billion Saudi riyals with a growth of 40 percent compared to 2017," he said on the sidelines of the Erbil International Construction Exhibition.
"The food sector ranked first in Saudi exports to Iraq at 662 million Saudi riyals, followed by the construction materials sector with an export value of 565 million riyals. Over the past five years, Saudi non-oil exports to Iraq have reached 10 billion riyals."
He pointed out that "the participation of the Authority in the exhibition comes within the framework of efforts to support the Saudi source and promote the Saudi products and services and enhance their presence and raise their competitiveness in the global and regional markets in line with the vision of Saudi Arabia 2030 and its objectives to increase the proportion of non-oil exports from 16% to 50% Gross Domestic Product Value ".
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