The Kingdom of Saudi Arabia is characterized by a strategic and important geographical location overlooking the Persian Gulf and the Red Sea, which makes it a great connection between the three continents of Asia, Europe and Africa and a main plate hub of land, air and maritime transport. trade routes, invested by the Saudi Vision 2030 which was based on the diversification of the non-oil economy.
The Kingdom of Saudi Arabia has launched the National Transport and Logistics Strategy – which is one of the fundamental aspects of the Saudi Vision 2030 – which contributes to building human and technical capacity in the transport and logistics services sector , strengthening the connection with the global economy, allowing the Kingdom of Saudi Arabia to invest its geographical location in the middle of three continents to diversify its economy by establishing advanced logistics service industries.
The strategy aims to make Saudi Arabia a global center for transport and logistics services, and to increase the sector’s contribution to 10% of GDP from its current rate of 6%, in addition to making Saudi Arabia one of the top 35 countries. on the Trading Across Borders Index, and being among the top 6 countries for road quality, and shipping more than 4.5 million tons per year by air, as well as increasing destinations to more than 250 international destinations.
The Kingdom of Saudi Arabia has 13 ports in the Persian Gulf and the Red Sea, through which 13% of world trade passes, and these ports contribute to the access of 70% of the imports of the Kingdom of Saudi Arabia and 95% of its exports. through 291 docks.
According to data released by the General Statistics Authority, the total value of non-oil exports from the Kingdom of Saudi Arabia in 2021 reached SAR 187,950,268,805, while imports from the Kingdom of Saudi Arabia in the same year reached SAR 343,665,939,711.
Saudi Ports Authority (Mawani) CEO Omar Al-Hariri, speaking to SPA, said Mawani has approved his new corporate strategy in a way that supports the Kingdom’s trade and economic development. Saudi Arabia, noting that the attractiveness and status of Saudi ports have made the Kingdom of Saudi Arabia the fifth fastest country in the world in handling container ships.
Thanks to the unlimited support of the wise management to the port sector, the size of the handling of tons of goods during the first quarter of 2022 increased by 7.18% with a total of more than 74 million tons, where the number of containers shipped increased by 5.91% with approximately 1.5 million standard containers, compared to the same period of 2021.
Saudi ports also recorded increases in several other operational indicators, such as the increase in the number of cars by 12.85% to a total of 219,488 cars, the increase in the number of passengers by 61.7% to 258 076 and an increase in the number of ships by 0.28. % to a total of 3,186 ships.
Source: WAM (Emirates News Agency)