The Saudi Arabian car market has emerged as a powerhouse, accounting for more than half of all car sales in the Gulf region. This positions the kingdom as one of the top 20 car markets globally, reported SPA.
Highlighting this dominance, the Zakat, Tax and Customs Authority (ZATCA) has recently revealed that over 160,000 cars were imported into the Kingdom during 2022-2023.
The statistics show imports reaching 93,199 cars in 2023 alone, and 66,870 cars entering the country in 2022.
The leading car exporters…