Saudi non-oil exports fell 10% in December

08/03/2017 Argaam Special

Saudi non-oil exports fell by 10 percent year-on-year (down by SAR 1.7 billion) to SAR 14.9 billion in December, according to the latest figures released by the kingdom’s General Authority for Statistics.

 

On a monthly basis, non-oil exports grew by SAR 541 million.

 

The decline was mainly driven by a SAR 1.3 billion drop in the kingdom’s transport equipment exports; in addition to chemicals exports, which fell by SAR 615 million.

 

Saudi non-oil exports

Variation

2016

2015

Month

(21%)

SAR 12.70 bln

SAR 16.11 bln

January

(6%)

SAR 13.83 bln

SAR 14.76 bln

February

(7%)

SAR 15.42 bln

SAR 16.58 bln

March

(13%)

SAR 14.39 bln

SAR 16.48 bln

April

+4%

SAR 16.31 bln

SAR 15.74 bln

May

(7%)

SAR 14.67 bln

SAR 15.84 bln

June

(24%)

SAR 12.37 bln

SAR 16.23 bln

July

(3%)

SAR 15.82 bln

SAR 16.28 bln

August

(4%)

SAR 13.08 bln

SAR 13.64 bln

September

(3%)

SAR 14.98 bln

SAR 15.41 bln

October

(9%)

SAR 14.39 bln

SAR 15.84 bln

November

(10%)

SAR 14.93 bln

SAR 16.65 bln

December

 

Exports of rubber and plastic products rose by SAR 240 million. Pearls, precious stones & metals followed, rising by SAR 103 million.

 

The United Arab Emirates continued to be the highest importer from Saudi Arabia, despite an 18 percent decline YoY in imports. It was followed by China, Singapore, India, and Kuwait.

 

The five countries accounted for 42 percent of the kingdom’s non-oil exports.  

 

Non-oil exports by sector

Variation

2016

2015

Product

+5%

SAR 4.76 bln

SAR 4.52 bln

Plastics, rubber products

(12%)

SAR 4.53 bln

SAR 5.14 bln

Chemical industry products

(4%)

SAR .17 bln

SAR 1.22 bln

Base metals

(54%)

SAR 1.11 bln

SAR 2.43 bln

Transport equipment

+2%

SAR 967 mln

SAR 948 mln

Machinery, equipment, appliances

+0.2%

SAR 525 mln

SAR 524 mln

Livestock

+9%

SAR 492 mln

SAR 451 mln

Food, beverages & tobacco

+19%

SAR 259 mln

SAR 217 mln

Paper products

+67%

SAR 255 mln

SAR 153 mln

Pearls & precious stones

(17%)

SAR 861 mln

SAR 1.04 bln

Others

(10%)

SAR 14.93 bln

SAR 16.65 bln

Total

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