Pak-Saudi trade increases

RECORDER REPORT

ISLAMABAD:-Bilateral trade between Pakistan and Saudi Arabia has increased from 2830 million dollars to 4974 million dollars from 2004-5 to 2010-11.

In written reply to a question, Minister for Commerce Makhdoom Amin Fahim said that during 2010-11 Pakistan's exports to Saudi Arabia were worth 427.5 million dollars while our imports for the same period were of 4546.6 million dollars.

He said that major export items to Saudi Arabia include meat & meat preparations, Rice (all sorts), Fruits & Fruit preparations, spices, cotton & synthetic fabrics. While major Imports from Saudi Arabia are Petroleum, Ores and Concec of iron, animal oil & fats, fixed vegetable oil & fats, fertilizer manufactured chemical material & product, floor coverings, carpets & rugs etc.