Saudi Arabia

"There is no god but God: Muhammad is the Messenger of God."

Officially known as the Kingdom of Saudi Arabia.

The largest Arab state in Western Asia by land area.

Saudi oil reserves are the largest in the world, and Saudi Arabia is the world’s leading oil producer and exporter.

Birthplace of Islam, the kingdom has a special place in the region.

About Saudi Arabia

Saudi Arabia - Geography

Currency(Riyal)

The Saudi riyal is the currency of Saudi Arabia. It is abbreviated as .س or رSR (Saudi Riyal).

Market Analysis

• Population Size

• Description of Labor Force

• Consumer Purchasing Power

• Distribution

• Trade Restrictions

Population Description and Characteristics

• The population of Saudi Arabia is approximately 22,757,092, which includes 5,360,526 non-nationals.

• 42.52% of the population is aged 0-14.

• 54.8% of the population is aged 15-64.

• 2.68% of the population is 65 years old or older.

Labor Force

• Saudi Arabia’s labor force is 7 million people, 35% of this population consists of non-nationals

– Agriculture 12%

– Industry 25%

– Services 63%

Purchasing Power

• Saudi Arabia’s Purchasing Power Parity is $740.5 billion (2012 est.).

Consumer Demand

• Water is scarce in Saudi Arabia

• Foodstuffs (which includes beverages) are among the largest commodities imported

• Significant changes have been made regarding irrigation, but there are still many efforts that Saudi Arabia must overcome before they will be self-sufficient

US Top 25 Export Destinations for Bottled Water

US Exports: Top 25 Export Destinations for Bottled Water

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This market would be viable for our product, currently – very few bottled water distributors export product to Saudi Arabia and the only local competition would be government based irrigation companies whose primary focus is supplying water to agricultural businesses.

Restrictions

• Saudi Arabia is the only country in the world which bans women from driving.

• Banned products: alcohol products, weapons, and any item that is held to be contrary to the tenets of Islam– Non-Islamic Religious Materials

– Pork Products

– Pornography

– Christmas Decorations

– Fashion Magazines

Distribution

• Railways: 1,389 km

• Highways (paved): 44,104 km

• Ports and Harbors: total of 13

• Airports with paved runways: 70

• Heliports: 5

Tariffs and Duties

• Some Saudi industries are protected by the imposition of 20% import duties on certain commodities.

• Contractors must buy equipment and materials from a Saudi importer or manufacturer. If supplies are not available locally, the contractors are allowed to import from foreign sources. Tariff rates vary from 0 – 4%.

• Items produced in the Kingdom are assessed at an import tariff of 20%.

Touristic Spots Saudi Arabia

Madain Saleh

Farasan Islands

Empty QuarterIt is not empty, it is full of beauty, silence, wildlife and tranquillity. 

Wabha Crater

Edge of the World

And many more....