What is the main export product of Saudi Arabia? 🔊
The main export product of Saudi Arabia is crude oil. As one of the largest producers and exporters of oil in the world, Saudi Arabia's economy heavily relies on petroleum revenues. The country has massive oil reserves and plays a critical role in the global oil market, being a leading member of the Organization of the Petroleum Exporting Countries (OPEC). Oil exports not only provide significant income for the Kingdom but also shape its economic policies, infrastructure, and development plans. Beyond crude oil, Saudi Arabia is diversifying its economy under projects like Vision 2030 to reduce dependence on oil in the long term.
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