News

Saudi Arabia's ban of fruit imports from Lebanon results in losses of 126 million riyals

Fruits
Vegetables
Lebanon
Saudi Arabia
Published Apr 26, 2021

Tridge summary

From monitoring conducted by "Okaz", government reports revealed that the decision to ban Saudi Arabia from importing fruits and vegetables from Lebanon has direct and indirect repercussions, as the decision will contribute to Lebanon's incurring losses of more than 126 million riyals, as it is the second-highest exported product to Saudi Arabia after precious metals and precious stones

Original content

A monitoring conducted by "Okaz" based on government reports revealed that the decision to ban Saudi Arabia from importing fruits and vegetables from Lebanon has direct and indirect repercussions, as the decision will contribute to Lebanon's incurring losses of more than 126 million riyals, as it is the second highest exported product to Saudi Arabia after precious metals and precious stones. . According to the latest statistics, Lebanon's exports to Saudi Arabia in the field of fruits recorded a sharp increase in 2019 compared to previous years, as the value of exports in 2018 amounted to about 65 million riyals, and in 2019 it jumped by 93.85% to become 126 million riyals. "Lettuce" is the highest of vegetables and fruits that Lebanon used to export to Saudi Arabia, as it reached about 7.99 thousand tons with a value of 37.49 million riyals, then grapes 15.16 tons with a value of 30.85 million riyals, then oranges 15.84 thousand tons with a value of 24.1 million riyals, then ...
Source: Okaz
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