Monday, 06 December 2021 08:21 GMT

Saudi non-oil exports increase annual in July 2021

(MENAFN) According to official data, Saudi non-oil exports rose by 17.9 percent annual in July 2021, increasing to SR20.8 billion from SR17.6 billion in July of 2020.

Overall merchandise exports rose by 79.6 percent in the same time span, when international trade was impacted by COVID-19-related lockdowns and travel bans in several countries.

The total rate of exports reached SR91.8 billion in July this year, increased from 51.1 billion riyals in July 2020, managed by a 112.1 percent improvement in oil exports.

Oil exports carried on to dominate total exports as the share rose from 65.5 percent in July 2020 to 77.4 percent in July 2021.

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