Saudi Non-Oil Exports Rise By 26.8%

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Riyadh — Non-oil exports (including re-exports) rose to SR30 billion during June 2022, compared to SR24 billion during June 2021.

Riyadh — Non-oil exports (including re-exports) rose to SR30 billion during June 2022, compared to SR24 billion during June 2021.

This is an increase of SR6 billion. A rise of 26.8%, according to the data issued by GASTAT, the General Authority for Statistics.

The previous high was the third quarter of 2011 with 13.6 percent, according to the data issued by GASTAT on Sunday.

The International Trade Publication states Saudi exports for June 2022 reached SR148 billion, compared to SR84 billion during June 2021. An increase of SR64 billion, at 75.2%.

The publication states that oil exports during June 2022 reached SR118 billion, compared to SR61 billion during June 2021. This is an increase of 94.1% at SR57 billion.

The value of merchandise imports in Saudi Arabia during June 2022 reached SR60 billion, compared to SR47 billion during June 2021. An increase of 28.9% at SR13 billion.

On the other hand, the merchandise exports in Saudi Arabia during the second quarter of 2022 reached SR430 billion.

In contrast to SR232 billion during the second quarter of 2021, with an increase of SR198 billion, a percentage of 85.1%.

The value of oil exports during the second quarter of 2022 reached (SR344 billion), compared to SR166 billion during the second quarter of 2021, with an increase of SR178 billion, a 106.5%.

The non-oil exports (including re-exports) during the second quarter of 2022 reached SR86 billion, compared to SR66 billion during the second quarter of 2021, with an increase of SR20 billion, a 31.0%.

The value of imports during the second quarter of 2022 reached SR171 billion, compared to SR140 billion during the second quarter of 2021, with an SR31 billion increase of 21.7%.

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