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Asharq Al-Awsat
Asharq Al-Awsat
Business
Washington: Heba El Koudsy - Dubai: Musaed al-Zayani

Saudi Arabia, US Set Record Levels of Non-Oil Trade Exchange

The Saudi-US trade relationship is witnessing a growth in non-oil goods exchange (Asharq Al-Awsat)

Trade relations between the United States and Saudi Arabia recovered from the pandemic's low levels in 2020, recording high exchanges of oil and non-oil goods in 2021.

A report issued by the Washington-based Saudi-US Business Council indicated that total trade volume reached $24.7 billion, a 22 percent increase over 2020 when trade amounted to $20.2 billion.

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