2021 SIMS
Exhibition date: December 16, 2021, 20 solstice
Exhibition Venue: Jeddah Centre Forums & Events
Organizer: KAC INTERNATIONAL EXHIBITION GROUP LIMITED
Exhibits:
parts, auto parts, boats, auto parts, wagons, cars, trainers, engines, trucks, trucks, motorcycles, workshop equipment.
Saudi Arabia international auto show is the big brother of the world auto parts, auto insurance industry exhibition, organized by its biennial Automechanika - Frankfurt international auto retail parts and after-sales service exhibition is the global automotive industry's premier trading platform.
Introduction to local market:
In recent years, China's bilateral trade with Saudi Arabia has developed rapidly. According to Chinese customs statistics, the bilateral trade volume in 2018 was 63.34 billion us dollars, up 26.7% year-on-year. Saudi Arabia has become China's largest trading partner in west Asia and Africa and one of the most promising overseas markets for growth.
Saudi Arabia is located in the Arabian peninsula of southwest Asia. It borders Jordan, Iraq, Kuwait, the united Arab emirates, Oman, Yemen and Egypt. The world's largest oil reserves and production is the main pillar of the Saudi economy. Abundant resources support this very young country, with a very young population structure, with the population under 30 years old accounting for 70% of the total population and the population under 20 years old accounting for 46%, with strong purchasing power. Saudi Arabia imports almost all its commodities except oil and accessories. Consumption level is relatively wide. Saudi Arabia has not only rich royal nobles, rich middle class, but also lower-class people and migrant workers who account for two-thirds of the total population, forming high, middle and low consumption groups.
Saudi Arabia has no domestic auto industry and imports all the cars it needs. The Saudi market contains almost all the world's brands of cars. In the past three years, it has imported more than 2.4 million cars at a cost of 181 billion riyals, and imported auto parts for a total of 19 billion riyals. In recent years, China's automobile export to Saudi Arabia has been on the rise, and more and more Chinese automobiles have entered and occupied the market, bringing a lot of opportunities for China's vehicle and auto parts industry.