What natural resource is primarily exported by Saudi Arabia? 🔊
The natural resource primarily exported by Saudi Arabia is oil. As one of the world's leading oil producers and exporters, Saudi Arabia's economy heavily relies on petroleum revenues. The country possesses vast reserves of crude oil, primarily found in the Ghawar field, which is one of the largest oil fields globally. Oil exports account for a significant portion of the nation's GDP and government income, playing a crucial role in funding infrastructure and social programs. The Kingdom is also a key member of the Organization of the Petroleum Exporting Countries (OPEC), influencing global oil prices and production levels.
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