Amazon Announces Saudi Site Fully Open Registration to Chinese Sellers
November 5, 2020
The full text is 1,295 words and takes about 4 minutes
Table of Contents
1/The fertile ground for e-commerce in the Middle East - Amazon Saudi Arabia
2/Sign up now to share new blue ocean business opportunities
3/Frequently Asked Questions Sorted and Answered
👏👏👏
Good news!
Amazon's Saudi website, which has unlimited business opportunities, is now fully open to Chinese sellers!
Tap into more business opportunities in the Middle East now!
Currently, Amazon has increased the number of overseas sites open to Chinese sellers to 16!
Next, Xiaobian will take you to see what specific information you need to grasp when entering Amazon Saudi Arabia!
As one of the important international hubs, Saudi Arabia is rich in extensive import and export trade opportunities. Amazon's Saudi site is the best choice for Chinese sellers to expand their business in the Middle East.
01 The new site has huge business opportunities
# Both economy and consumption levels are high, and profit margins are considerable
▲Saudi Arabia is the 18th largest economy in the world1
▲Per capita GDP of US$23,200 2, ranking among the world's developed countries
▲Consumer spending capacity is comparable to the US, UK, and Chinese markets
# High internet penetration rate, huge e-commerce consumer base
▲Saudi Arabia's internet penetration rate and smartphone penetration rate are as high as 84% 3
▲E-commerce consumption helps the young population have a huge base, and the population under 34 accounts for 67% of the total population4
# Bilateral trade between China and Saudi Arabia is frequent, and Chinese goods are very popular
▲Since 2011, China has become Saudi Arabia's largest trading partner 5
▲The bilateral trade volume between China and Saudi Arabia reached 78.18 billion US dollars in 2019, and China's exports to Saudi Arabia reached 23.92 billion US dollars, an increase of 36.54% over the previous year 6
▲The vast majority of Saudi products rely on imports
▲Consumer electronics products rank in the top 7 e-commerce consumer categories in Saudi Arabia, followed by household, beauty, fashion products, etc.
02 Amazon — the leading e-commerce site that is deeply involved in the Middle East
# Amazon is very popular in the Middle East
▲As a leading multinational company, Amazon has strong brand influence
▲Amazon acquired SOUQ, a leading local e-commerce company, and entered Saudi Arabia. It has been deeply involved in the local Middle East market for more than 10 years, making it a leading e-commerce website
# Amazon Saudi website with rich benefits
▲$0 monthly rent
▲Amazon Logistics (FBA) helps you deliver worry-free
▲All kinds of traffic tools are in place, including Amazon ads, coupons, etc.
▲Free events and promotions throughout the year: religious holidays and promotional holidays cover the whole year, and the 11.11 shopping festival and “White Friday” traffic surged significantly
❔ Q1 What language do I need to use to list products on Amazon Saudi Arabia?
Amazon's Saudi site supports English or Arabic. If you upload listings in English, you can directly sync English listings from other sites to Saudi Arabia.
To be closer to Saudi consumers, Amazon recommends using Arabic. If you don't understand the local language, you can use the Building International Listing (Building International Listing) tool to sync your business information and prices from the source site to the target site, and resolve translation issues.
❔ Q2 What kind of logistics distribution methods does the Saudi station support?
Chinese sellers can choose to ship to Amazon's Saudi warehouse using Amazon Logistics (the process is the same as FBA in other countries), or to ship products via self-delivery.
❔ Q3 Do I need to register for Value Added Tax (VAT)?
According to UAE and Saudi law, if you are a non-UAE/Saudi resident, you are required to register for VAT if you sell products to UAE/Saudi customers through the Amazon FBA channel regardless of the amount of turnover. Amazon also has some information for you to refer to on the Seller Central help page, but it is important to emphasize that tax compliance is an obligation that sellers are responsible for themselves, so it is recommended that you consult a professional tax authority to make decisions.
2021 new blue ocean business opportunity, profit from the Middle East is on Amazon Saudi!
Data sources:
[1]IMF, 2019ipsos.com; covid19 mena consumer sentiment tracker; 2020
[2]https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=SA
[3]Statista Digital Market Outlook, 2019 Global Media Insight; titled “Saudi Arabia social Media Statistics; 2020
[4]General Authority of Statistics, Kingdom of Saudi Arabia; 2020
[5]http://www.mofcom.gov.cn/dl/gbdqzn/upload/shatealabo.pdf
[6]http://sa.mofcom.gov.cn/article/i/202003/20200302941346.shtml
[7]Statista Digital Market Outlook, 2019 Global Media Insight; titled “Saudi Arabia social Media Statistics; 2020