Import Globals16 Jul, 2025Business
Saudi Arabia is the largest exporter of petroleum in the world and is referred to as petrostate in the Western media. The economy of the country is highly dependent on the oil exports. As per Saudi Arabia Export Data, the exports of the country increased by 58.7% in 2021, the value of export in the same year being USD 256 billion, making it 26th exporter in the whole world.
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