• overview
  • strengths
  • Bilateral Agreements
  • bilateral trade
  • agencies
  • Indian Mission

US$ 3,134mn
FDI inflow from Saudi Arabia in April 2000 to March 2021

US$22.04bn

bilateral trade value in 2020-21

2.8mn
Indians forms the largest Expatriate Community in Saudi Arabia

Strengths

largest economy in the world, with a GDP of US$ 779 billion

Construction projects

Housing and infrastructure construction is a booming sector in Saudi Arabia with mega projects on the anvil

Management and Consultancy Services

426 companies have been issued licenses by the Saudi Arabian General Investment Authority (SAGIA)

Oil and Gas

Saudi Arabia's abundant oil and gas reserves have given the kingdom a comparative advantage in terms of energy costs

Entertainment

Great opportunity for India to explore the entertainment sector

Defence

Bilateral defence cooperation is being intensified through joint military exercises, supply of arms and ammunition etc

Research & Development in Energy Sector

The two countries hold regular meetings under India-Saudi Arabia Ministerial Energy Dialogue

Competitiveness

Saudi Arabia is the 36th most competitive nation in the world out of 140 countries ranked in the Global Competitiveness Report 2018 published by the World Economic Forum

India's Exports and Imports to Saudi Arabia

Ministry of Commerce & Investment

+966-1-401-2222; 401-4708

Visit Website

Riyadh: 11162

Council of Saudi Chambers

https://www.facebook.com/CSC.SA

+966-11-218-2222

Visit Website

King Fahad Branch Rd, Al Mutamarat, Riyadh 12711, Saudi Arabia

ASSOCHAM India

+91-11-4655-0555

Visit Website

5, Sardar Patel Marg Chanakyapuri, New Delhi – 110021

Embassy of India, Riyadh, Kingdom of Saudi Arabia

;

+91-11-488-4144; 488-4691

Visit Website

Address : B-1, Diplomatic Quarter,
PO Box 94387, Riyadh 11693,
Kingdom of Saudi Arabia

Opportunities

Agricultural exports

    Mixtures of juices, unfermented & not cont. added spirit, whether or not co … (200990)
    Orange juice, not frozen (excl. of 2009.19), unfermented & not cont. added … (200919)
    OTHER JUICES (200989)

    agriexchange.apeda.gov.in

    Fermented beverages (e.g., cider, perry, mead), n.e.s.; mixts. of fermented … (220600)
    Non-alcoholic beverages other than waters of 2202.10 (not incl. fruit/veg. … (220290)
    Vodka (220860)
    Waters, incl. min. waters & aerated waters, cont. added sugar/oth. sweeteni … (220210)

    agriexchange.apeda.gov.in

    Carcasses/half-carcasses of bovine animals, fresh/chilled (020110)
    Carcasses/half-carcasses of sheep (excl. lamb), fresh/chilled (020421)
    Cuts & edible offal of species Gallus domesticus, fresh/chilled (020713)
    Cuts & edible offal of species Gallus domesticus, frozen (020714)
    Edible offal of bovine animals (excl. tongues & livers), frozen (020629)
    Guts, bladders & stomachs of animals (other than fish), whole & pieces ther … (050400)
    Livers of bovine animals, frozen (020622)
    Meat of bovine animals, fresh/chilled, boneless (020130)
    Meat of bovine animals, frozen (excl. of 0202.10), bone-in (020220)
    Meat of bovine animals, frozen, boneless (020230)
    Meat of fowls of species Gallus domesticus, not cut in pieces, fresh/chille … (020711)
    Meat of fowls of species Gallus domesticus, not cut in pieces, frozen (020712)
    Meat of sheep (excl. lamb & carcasses), frozen, bone-in (020442)
    Sausages & sim. prods., of meat/meat offal/blood; food preps. based on thes … (160100)

    agriexchange.apeda.gov.in

    Bread, pastry, cakes, biscuits & oth. bakers’ wares n.e.s. in Ch.19, whethe … (190590)
    Sugar confectionery other than chewing gum (incl. white chocolate), not con … (170490)
    Sweet biscuits (190531)

    agriexchange.apeda.gov.in

    Maize (corn), other than seed (100590)
    Other barley excl seed (100390)
    Other durum wheat excl seed (100119)
    Other wheat and meslin (100199)
    Semi-milled/wholly milled rice, whether or not polished/glazed (100630)
    Wheat/meslin flour (110100)

    agriexchange.apeda.gov.in

    Chocolate & oth. food preps. cont. cocoa (excl. of 1803.10-1806.10), in blo … (180620)
    Chocolate & oth. food preps. cont. cocoa (excl. of 1806.20-1806.32) (180690)
    Chocolate & oth. food preps. cont. cocoa, in blocks/slabs/bars, weighing 2k … (180631)

    agriexchange.apeda.gov.in

    Butter (040510)
    Buttermilk/curdled milk & cream/kephir & oth. fermented/acidified milk & cr … (040390)
    Cheese (excl. of 0406.10-0406.40) (040690)
    Fats & oils derived from milk, other than butter & dairy spreads (040590)
    Fresh (unripened/uncured) cheese, incl. whey cheese, & curd (040610)
    Ice cream & oth. edible ice, whether or not cont. cocoa (210500)
    Milk & cream, concentrated (excl. in powder), sweetened (040299)
    Milk & cream, concentrated (excl. in powder), unsweetened (040291)
    Milk and cream, nt concentrated nor contain added sugar/ other sweetening matter of a fat content, by weight, > 10% (040150)
    Milk in powder/granules/oth. solid form, fat content by wt. not >1.5% (040210)
    Milk in powder/granules/oth. solid form, sweetened, fat content by wt. >1.5 … (040229)
    Milk in powder/granules/oth. solid form, unsweetened, fat content by wt. >1 … (040221)
    Processed cheese, not grated/powdered (040630)

    agriexchange.apeda.gov.in

    Waffles & wafers (190532)

    agriexchange.apeda.gov.in

    CHRYSANTHEMUMS (060314)
    ROSES (060311)

    agriexchange.apeda.gov.in

    Food preps., n.e.s. (210690)
    Mixes & doughs for the preparation of bakers’ wares of 19.05 (190120)
    Natural honey (040900)
    OTHR EDBL MXR/PRPNS OF ANML/VEGTBL FATS/ OILS/OF FRACTNS OF DIFFRNT FATS/OILS (151790)
    Preparations for infant use, put up for rs (190110)
    Prepared foods obt. by the swelling/roasting of cereals/cereal prods. (190410)
    Sauces & preps. therefor, n.e.s.; mixed condiments & mixed seasonings, n.e. … (210390)
    Soups & broths & preps. therefor (210410)
    Whey & modified whey, whether or not concentrated/sweetened (040410)

    agriexchange.apeda.gov.in

    Apples, fresh (080810)
    Bananas frsh or dried (080390)
    CANE SUGAR SPECIFIED IN SUBHEADING NOTE 2 TO THIS CHAPTER: (170113)
    Carrots & turnips, fresh/chilled (070610)
    Garlic, fresh/chilled (070320)
    Grapes, fresh (080610)
    Guavas, Mangoes & Mangosteens, fresh/dried (080450)
    Kiwifruit, fresh (081050)
    Lemons (Citrus limon/limonum) & limes (Citrus aurantifolia/latifolia), fres … (080550)
    Onions & shallots, fresh/chilled (070310)
    Oranges, fresh/dried (080510)
    Pineapples, prepd./presvd., whether or not cont. added sugar/oth. sweetenin … (200820)
    Plantains: frsh or dried (080310)
    Plums & sloes, fresh (080940)
    Potatoes, prepd./presvd. othw. than by vinegar/acetic acid, frozen, other t … (200410)
    Strawberries, fresh (081010)
    Tomatoes, fresh/chilled (070200)
    Tomatoes, prepd./presvd. othw. than by vinegar/acetic acid, other than whol … (200290)
    Vegetable seeds, of a kind used for sowing (120991)
    Vegetables, fruit, nuts & oth. edible parts of plants (excl. cucumbers & gh … (200190)

    agriexchange.apeda.gov.in

    Chickpeas (garbanzos), dried, shelled, whether or not skinned/split (071320)

    agriexchange.apeda.gov.in

    Flours, meals and pellets, of fish or of crustaceans, molluscs or other aquatic invertebrates (230120)
    Other, including preparations of blood of any animal (160290)
    Prpd/prsvd meat,meat ofal / blood of fwls of the spcs galus dmstcs (160232)
    Prpd/prsvd meat,meat offal of bovine animals (160250)
    Sauces and smlr products of meat, meat offal or blood food prpns, based on these products (160100)

    fishexchange.mpeda.gov.in

    Hazelnuts/filberts (Corylus spp.), shelled (080222)

    agriexchange.apeda.gov.in

    Other (060319)
    OTHER (200599)

    agriexchange.apeda.gov.in

    Husked (brown) rice (100620)

    agriexchange.apeda.gov.in
Employment Opportunities

*Information subject to changes amid the global COVID-19 pandemic.

Saudi Arabia has introduced a new residency programme to attract skilled foreign workers to help usher in a comprehensive economic reform. The Kingdom is looking to reduce income dependence on fossil fuel by heavily investing in infrastructure, a variety of R&D and manufacturing and capacity building.

Meanwhile, at end-2018, there was a 2.6-mn strong Indian community in Saudi Arabia – the largest expatriate community in the Kingdom.

Employment Visa: https://www.saudiembassy.net/employment-visa

More Info: Visa Services Platform Industrial Development in the Saudi Arabia

    Farming, fisheries, dairy, animal husbandry

    Saudi Arabia’s agriculture sector is employing leading technological and sustainability tools to beat the odds of harsh climatic conditions. Saudi Arabia’s agriculture sector draws innovation and manpower from foreign resources in efforts to make the country sustainable in farming.

    Ministry of Environment Water & AgricultureIssuing Visas Request

    Public and private infrastructure building, maintenance

    It is estimated that over 5,200 construction projects valued at around US$820 billion are currently being executed in Saudi Arabia. Construction of civic infrastructure and connectivity projects has largely been supported by foreign workers at different levels in Saudi Arabia.

    Ministry of HousingIssuing Visas Request

    Tax, accounting, banking, insurance, audit and other financial services

    Given Saudi Arabia’s critical position in the global commodities space, the local financial services sector plays a vital role in the national economy. Financial services in Saudi Arabia are supported by foreign workers at different capacities.

    Ministry of FinanceIssuing Visas Request

    Doctors, nurses, radiologists, lab technicians

    Saudi Arabia expects to spend over US$70 billion by 2020 in healthcare, in line with its Vision 2030 and the National Transformation Programme. Saudi Arabia attracts large number of healthcare workers ranging from doctors to nurses and lab technicians.

    Ministry of HealthIssuing Visas Request

    Culinary, server, personalcare, hotel, tour and travel staffing

    Saudi Arabia’s hospitality sector has seen steady growth owing to religious, business and leisure visitors. The hospitality sector in Saudi Arabia, ranging from hotels to tourism to personal care, employs large number of foreign workers.

    Saudi Arabia TourismIssuing Visas Request

    Software, hardware, new technology in telecoms and communications

    Driven by concerted investment in innovation, the ICT sector’s contribution to Saudi Arabia’s economy is expected to increase by over US$13 billion over the coming five years. The IT and ICT infrastructure in Saudi Arabia has been set up and is supported by foreign workers.

    Ministry of Communications and Information TechnologyIssuing Visas Request

    Automobile to food products production

    Contributing around 10% of the GDP, the manufacturing sector in Saudi Arabia has recorded annual growth of around 7.5 %. The manufacturing industry in Saudi Arabia, covering a range of products, draws foreign manpower.

    Saudi Industrial Development FundIssuing Visas Request

    Upstream oil and gas sector staffing

    Saudi Arabia is the largest exporter of petroleum, and houses around 18% of the world’s proven petroleum reserves. The sector accounts for about half the national GDP, and about 70% of total export. Saudi Arabia is the world’s largest exporter of crude oil, and the sector is a major employer and strength for the economy.

    Ministry of EnergyIssuing Visas Request

    Downstream oil and gas processing and marketing

    Saudi Arabia is one of the world’s largest producers of petrochemicals products, employing many foreign workers in different capabilities. Chemical and plastic exports from Saudi Arabia was valued at US$30 billion in 2015.

    Ministry of EnergyIssuing Visas Request

    Faculty positions up to uninversity

    The private education space in Saudi Arabia is set to more than double in valuation over the coming few years. The education sector in Saudi Arabia, ranging from schools to universities draw foreign teaching staff from different disciplines.

    Ministry of EducationIssuing Visas Request
Minerals

Priority Sectors

Here are the leading sectors of opportunities for foreign investors

Top Import/ Export Items

India's top import from Saudi Arabia
  • Mineral fuels, mineral oils and its products, fertilizers etc.
  • Organic and inorganic chemicals
  • Plastic and its products
  • Fertilizers etc.
India's top export to Saudi Arabia
  • Agricultural products
  • Electric machines and equipment
  • Iron and steel
  • Organic chemicals
  • Spacecraft parts
  • Articles of apparel and clothing accessories etc.

Bilateral Investors

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