Saudi Arabia plans to invest $600 billion in the U.S. during President Trump’s visit, emphasizing its role as a major trading partner. In 2023, Saudi investments in the U.S. reached $9.5 billion, while bilateral goods trade totaled $25.9 billion in 2024. The aviation sector is expanding rapidly, with cargo traffic increasing by 34% in 2024. Saudia Cargo aims to handle 4.5 million tonnes annually by 2030 and is enhancing its logistics capabilities through partnerships and technology, including AI and blockchain, to improve efficiency and meet the demands of e-commerce and high-tech industries.
Source: https://www.stattimes.com/air-cargo/saudi-arabia-means-big-businessand-how-1355436