Related Keywords: agree to double bilateral trade value, Indonesia and Saudi Arabia, interest in cooperating with various business players, lot of potential for expansion, main export commodities to Saudi Arabia, Middle East market, Saudi Arabia is one of the biggest potential markets for Indonesia, Saudi business delegation, Textile, textile products
Indonesia and Saudi Arabia see a lot of potential for expansion, especially Saudi Arabia is one of the biggest potential markets for Indonesia in the Middle East. Hence the two countries has agreed to double their bilateral trade value by 2020.
Trade Ministry expert for trade services Arlinda Imbang Jaya said that the total trade between Indonesia and Saudi Arabia amounted to US$8.5 billion in 2015. Indonesian exports to Saudi Arabia amounted to $3.35 billion in 2015, while imports were worth $5.14 billion.
