Exports to Saudi Arabia up by 10% in first half of 2006

The Manufacturers Association of Israel (MAI) revealed last week that Israeli exports to Saudi Arabia totaled USD 470,000 in the first half of 2006, constituting a rise of 10% compared to the first half of 2005
02.10.06 / 00:00
Exports to Saudi Arabia up by 10% in first half of 2006
02.10.06
Exports to Saudi Arabia up by 10% in first half of 2006
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The Manufacturers Association of Israel (MAI) revealed last week that Israeli exports to Saudi Arabia totaled USD 470,000 in the first half of 2006, constituting a rise of 10% compared to the first half of 2005.
 
According to the data, 12 Israeli companies currently export to Saudi Arabia, compared to only four companies which exported to the kingdom in 2004.
 
It is understood that Israeli export to Saudi Arabia consists mainly of medical equipment, fertilizers, minerals, metals, machines, mechanical appliances.
 
Some of the companies export directly and some export indirectly.
 
In a statement issued by the MAI the association noted that there is good potential to the bilateral trade between the two countries provided the political issues are solved.

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