Saudi Arabia has an economy heavily dependent on the oil industry, possessing 18% of the world's proven petroleum reserves. The petroleum sector accounts for roughly 92% of budget revenues.
The countries main industries are crude oil production, petroleum refining, basic petrochemicals, ammonia, industrial gases, sodium hydroxide (caustic soda), cement, fertilizer, plastics, metals, commercial ship repair, commercial aircraft repair and construction.
The main trading partners are US, China and Japan.
Researchandexperts.com is a leading source of market research on Saudi Arabia.
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