Banking is highly developed. Fruits, bromine and worked diamond are the most important export goods. Most important branch of industry is the mining and refining of petroleum, phosphates and potash. Exports chemicals and phosphates mainly. The sixth highest exports are of food products and beverages.
Finance traditionally dominates the sector.
The second most important source of revenue is investment abroad chiefly in the USA, Western Europe and Japan. The manufacturing industry is based on phosphate products, mainly fertilizers. Saudi Arabia 16.9 7.7 0.6 3rd largest petroleum producer. Self-sufficient in most agricultural goods. The main agricultural export is olive oil.