Australia’s second-largest trading partner in the Middle East
Saudi Arabia is the largest Arab country and economy of the Middle East and is known as the birthplace of Islam. It has a young population of 28.6 million and is governed by a monarchy.
The Saudi Government is pursuing economic reform through the policy of ‘Saudisation’. This approach aims to increase the number of Saudi citizens working in the private sector and to diversify the skills of the population for greater education levels and meaningful employment.
As Australia’s second-largest trading partner in the Middle East, there is undeniable potential for greater economic ties in the areas of agribusiness and premium food, education, mining, resources and energy, renewable technology and defence.
Key South Australian merchandise exports to Saudi Arabia include confidential items of trade, vegetables, specialised machinery and parts, fresh meat and lead.