Industry
Although the S. H. S. kingdom is primarily agricultural, industry takes
a very important part in its economic structure, as is proved by the fact that indu-
strial and crafts products, including wood and coal, form half.of the total exports.
The future development of industry also is encouraged by the face that
there is a good supply of raw materials. The country possesses agrarian products,
various kinds of ore, coal in large quantities, water power, and a surplus of popu-
lation over the quota required for agricultural production. The position of raw
materials is discussed elsewhere. Concerning water power however we may men-
tion that of a total at times of low water of 3.507.790 H. P. only 160.000 H. P.
are used by about 130 power stations. The best idea can be given of the water
power by comparison with other states.
At times of low water France has 4,600.000 H. P. and Italy 4,656.000 H,
P. and both make use of 25% of their power, whereas the amount used here is
quite minimal.
Industrial enterprises employ 230.000 workers, not reckoning those at
work in the mines.
The wood industry
One of the most important branches of industry is that of wood, which
is due to the fact that 7,586.026 hectares, or 30.529, of the total surface of the
Kingdom of 24,850.128 hectares are under forest.
The wood industry produces for the most part semi-manufactured goods
(planks and all kinds of building material) but there are other branches of the
industry which are well developed. as e. g. manufactures of furniture, barrels,
laths parket, ete.
There are about 250 joint stock companies engaged in some branch of
the wood industry or trade.
Perhaps the best idea of the extent of the industry is given by the suati-
stics of export of wood for fuel and building, railway sleepers, wooden articles
and tanning extracts.
Year
1925
1924
1923
Tons Value in dinars
1,421.096 1.416,934.000
1,650.437 1.994,530.000
1,291.668 1.615,758.000