Saudi Arabia’s non-oil shipments including reexports increas...| MENAFN.COM

Monday, 05 December 2022 10:43 GMT

Saudi Arabia’s non-oil shipments including reexports increase by 13.1 percent


(MENAFN) According to a report from the General Authority for Statistics, also known as GASTAT, Saudi Arabia's non-oil exports, including reexports, increased by 13.1 percent in the third quarter to SR78.4 billion (USD20.86 billion) from SR69.4 billion in the same period last year.

Nevertheless, when comparing quarter to quarter, the Kingdom's non-oil exports fell by SR8.4 billion (9.6 percent) in the third quarter compared to the second.

From SR273.6 billion in the third quarter of last year, total merchandise exports rose by 46.1 percent to SR399.7 billion in the current quarter.

According to a GASTAT report, chemical and related industries accounted for 36.8 percent of Saudi Arabia's non-oil merchandise exports in the second quarter.

The Kingdom's imports of goods increased by 25.1 percent year over year in the third quarter, reaching SR181.1 billion. Comparing this to the second quarter of the current year, we see an increase of 4.8 percent.

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