Türkiye's Exports to Saudi Arabia Exceed $1.6 Billion with a Fourfold Increase in Eight Months

To further boost exports to Saudi Arabia, a trade delegation was organized in Riyadh from September 11th to 14th under the coordination of the Ministry of Commerce by the Deputy Chairman of Türkiye Exporters Assembly (TİM), Ahmet Fikret Kileci. He stated, "We discussed with Saudi officials how we can advance the increasing trade volume between the two countries and potential collaborations."

Ahmet Fikret Kileci, Deputy Chairman of Türkiye Exporters Assembly (TİM), reported that exports to Saudi Arabia in the first eight months of this year reached approximately $1.6 billion, showing a fourfold increase compared to the same period last year. Kileci emphasized that they have utilized all possible means to further enhance this performance in the Saudi Arabian market.

Under the coordination of the Ministry of Commerce and in collaboration with TİM, a trade delegation was organized in Riyadh from September 11th to 14th. The delegation, composed of representatives from 43 firms engaged in the food, non-iron metals, textiles and apparel, chemicals, and furniture sectors, conducted over 300 bilateral business meetings with more than 150 Saudi businesspeople. 

Ahmet Fikret Kileci, leading the delegation, recalled that efforts have been underway for a long time under the leadership of the President Recep Tayyip Erdoğan to develop commercial and diplomatic relations with Saudi Arabia. Kileci noted that the determination demonstrated by Chairman Erdoğan and Saudi Crown Prince Mohammed Bin Salman has also enlightened exporters. He stated:

27 INTERNATIONAL FAIRS ORGANIZED IN SAUDI ARABIA INCLUDED IN THE SCOPE OF SUPPORT

"In July, a delegation led by our Minister of Commerce Ömer Bolat held meetings with Saudi Minister of Commerce Majid Al Qasabi, Minister of Investment Khalid Al-Falih, Minister of Rural Affairs and Housing Majid Al-Hogail, and Minister of Industry and Mining Bandar Alkhorayef. Furthermore, our Ministry of Commerce included 27 international fairs organized in Saudi Arabia this year in the scope of support. Within the coordination of our Ministry, four sectoral trade delegations and three specially qualified procurement delegations were also organized to Saudi Arabia. As a result of the coordination of our Ministry and the diligent efforts of TİM, our exports to Saudi Arabia for the first eight months exceeded $1.6 billion, showing a fourfold increase compared to the same period last year. To further advance this momentum, we organized another delegation to Riyadh from September 11th to 14th, under the coordination of our Ministry, with the participation of our Director General of Exports Mehmet Ali Kılıçkaya. During the fruitful meetings, we discussed with Saudi officials how we can carry the trade volume between the two countries to even greater heights. Witnessing the emergence of new collaborations between businesspeople of the two countries during these productive meetings has greatly pleased us."

"IN OCTOBER, A 70-PERSON SAUDİ PROCUREMENT DELEGATİON WİLL COME TO ISTANBUL"

Ahmet Fikret Kileci emphasized that their activities in Saudi Arabia will continue unabated in the coming period. Stating that they will organize a procurement delegation program in Istanbul between October 8-12 with the coordination of the Ministry of Trade and the organization of TİM, Kileci said, "We are waiting for all our exporters to this event where we will host a delegation of 70 people consisting of members of the Riyadh Chamber of Commerce. I would like to thank our President Recep Tayyip Erdoğan and Minister of Trade Ömer Bolat, who shed light on us in the development of our trade with Saudi Arabia, the officials who contributed to the organizations, and our business people and employees who participated in the delegation".