Turkish Natural Stones Will Decorate Magnificent Buildings in Saudi Arabia

Pointing out that the recent positive atmosphere in political relations between Turkey and Saudi Arabia has a positive impact on our export figures, İbrahim Alimoğlu, President of the Aegean Mineral Exporters' Association, said that the Saudis want to shift their natural stone demands from Italy and Spain to Turkey, and that the Turkish natural stone sector is gaining more ground in the Saudi Arabian market. He stated that they will get stronger and that they have bilateral business negotiations (B15B) with 2 importer companies from Saudi Arabia.

Stating that Saudi importers turned to importing natural stones from Italy and Spain during the period when the political relations between Turkey and Saudi Arabia were tense, Alimoğlu said, “Saudi Arabian natural stone importers are very happy that the trade between the two countries has restarted and that they can import Turkish natural stones. During the bilateral business meetings, their interest in our Turkish companies was very intense. "We believe that we will reap the fruits of our Trade Delegation in a short time," he said.

Stating that they visited 7 companies in Dammam and 9 companies in Riyadh within the scope of the Saudi Arabian Sectoral Trade Delegation, Alimoğlu noted that they inspected warehouses, showrooms, production and processing facilities within the scope of company visits.

Giving information that the exports of our Turkish natural sector to Saudi Arabia increased by 2023 percent from 41 million dollars to 81 million dollars in 114, Alimoğlu said, “Our natural stone exports from the Aegean Region to Saudi Arabia increased by 71 percent to 24 million dollars. All of these exports consist of processed products. In the medium term, we want to export 500 million dollars of natural stone from Turkey to Saudi Arabia. "We believe that the results of our Saudi Arabian Sectoral Trade Delegation will contribute to achieving this goal," he said.

THE BIGGEST INCREASE IN NATURAL STONE EXPORT WAS TO SAUDI ARABIA

Pointing out that Saudi Arabia has an annual foreign trade surplus of 224 billion dollars with its oil revenues, Alimoğlu emphasized that the Saudi Arabian economy recorded a strong growth of 2022 percent in 7,6 and that this growth was due to the increase in investments in sectors such as construction, infrastructure and tourism.

Meanwhile, while Turkey exported natural stone to 2023 countries and customs areas in 183, the People's Republic of China ranked first in exports with an increase of 3 percent and an amount of 432 million dollars. The United States, which was the leader in natural stone exports in 2022, fell to second place with a decrease of 2023 percent in 15, with 388 million dollars.

While our natural stone exports to India increased by 17 percent to 159 million dollars, we achieved natural stone export success of 41 million dollars to Saudi Arabia, where we achieved the highest growth rate in natural stone exports with a 114 percent increase. The fifth place was taken by Iraq with a demand of 104 million dollars.