No. Saudi Arabia absolutely refuses to perform any act of commerce with Israel (and used to boycott all companies that even do business with Israel, although this has been rescinded for impracticality).
Saudi Arabia's main trading partners include the US, China, Japan, and South Korea.
Thay are going to trade with other countries around them because Saudi Arabia is basically all desert, well almost. They have interdpendance with other countries.
Saudi Arabia is producing a lot of oil because it has large oil reserves. Saudi Arabia has one of the largest oil reserves in the world, and producing enough oil to trade to other countries, mainly the US, is very profitable for Saudi Arabia.
2005
20051970
Edmond Y. Asfour has written: 'Saudi Arabia' -- subject(s): Produce trade, Saudi Arabia
Well actually, in the Middle East, Saudi Aarabia specialize in oil. So they are the ones who exports oil they do not import. But, if other Middle Eastern countries don't have oil, then they get the oil from Saudi Arabia. The oil is very expensive too! In the case of Israel, Israel imports oil from Egypt and from outside of the Middle East because other Middle Eastern countries do not have trade relations with Israel.
Land trade would become more important and lead to the caravan industry and a thriving trade base economy ~Ej1 Silvia-R
The biggest seaport in Saudi Arabia is the King Abdulaziz Seaport, located in the city of Dammam. It is a major hub for trade and cargo shipments in the region.
it is very unclear what economic system Saudi Arabia and the other middle east oil nations follows. Me as a politician would call Saudi Arabia state capitalism. the government is big and controls the market as well as the government don't follow socialism or communism. individuals are allowed to trade and cell their products, but the government still colpletly controlls the trade as in a planned echonomy.
saudi arabia japan the usa
The government of Saudi Arabia controls the country's trade market, and some of the things that include oil exporting.