SAUDI ARABIA | Octagona Srl
Octagona Srl/SAUDI ARABIA

Selling in Saudi Arabia

Economic and commercial relations between Italy and Saudi Arabia are becoming increasingly solid. From a political point of view, both countries have set themselves the objective of reducing as much as possible the scenario of crisis and uncertainty caused by conflicts in the Middle Eastern territory.
In the first months of 2023, Italian exports to Saudi Arabia reached values of 3.3 billion euros.
It is evident that this country constitutes a strategic market within which Italian products gain importance also compared to other European countries. In fact, Italy is placed at the second place, after Germany, among European suppliers, with a market share of 2.8%.

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Economic and commercial relations between Italy and Saudi Arabia are becoming increasingly solid. From a political point of view, both countries have set themselves the objective of reducing as much as possible the scenario of crisis and uncertainty caused by conflicts in the Middle Eastern territory.
In the first months of 2023, Italian exports to Saudi Arabia reached values of 3.3 billion euros.
It is evident that this country constitutes a strategic market within which Italian products gain importance also compared to other European countries. In fact, Italy is placed at the second place, after Germany, among European suppliers, with a market share of 2.8%.

Contact us

Why you should expand to Saudi Arabia

Among the strengths of this economy we find:

  • Saudi Vision 2030: new development strategy for the Kingdom
  • Membership of the G20, strategic geographical position, excellent infrastructure, demographic dividend
  • Improving business environment
  • Favorable taxation for businesses and investments
  • Support for the private sector and privatizations

What to sell in Saudi Arabia

The most appealing categories of goods for this market are:

  • Machinery and equipment
  • Basic pharmaceutical products and pharmaceutical preparations
  • Foodstuffs
  • Buildings
  • Mobile
  • Tourist flows
  • Products from mines and quarries
  • Coke and products derived from petroleum refining

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HEADQUARTERS

Octagona Srl with sole shareholder
Via Giovanni Falcone, 3
41012 Carpi (MO) - Italy

PHONE: +39 059 9770184
FAX: : +39 059 9770186
E-MAIL: [email protected]
PEC: [email protected]

VAT: 02969820360
REA: 346906
SHARE CAPITAL: € 74,445

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