Baghdad
(IraqiNews.com) – The Jadidat Arar port and border-crossing between
Iraq and Saudi Arabia has been developed recently to serve as a regional
economic and logistical gateway, according to the Saudi Press Agency
(SPA).
The port also serves Iraqi pilgrims visiting
Saudi Arabia every year as a computerized system has been upgraded to
facilitate their entry procedures as well as custom clearance services.
According
to a study carried out by the Saudi Chamber of Commerce and Industry in
Northern Border Area, the average growth rate of trade exchange between
Iraq and Saudi Arabia from the second quarter of 2017 to the second
quarter of 2021 is 12.8 percent.
The Saudi volume of
exports to Iraq exceeded 227 million USD during the second quarter of
2021, while the value of Iraqi exports to Saudi Arabia reached 2.29
million USD during the same period.
The goods exported
by Saudi Arabia to Iraq include aluminium, aluminium products,
electrical appliances, grains, flour, dairy products, eggs and animal
products. The Iraqi exports to Saudi Arabia are mainly copper, copper
products, resin, plant products and sugar.
The Jadidat
Arar port has two areas for exports and imports, an inspection yard and
different buildings including security buildings that meet the standards
of work environment, in addition to development of the staff housing
and the international road.