Saudi non-oil exports up 4% to SAR 24.9 bln in October

22/12/2022 Argaam Special

Saudi non-oil exports up 4% to SAR 24.9 bln in October

Jeddah Islamic Port


Saudi Arabia’s non-oil exports grew by 4.4%, or SAR 1.04 billion, year-on-year (YoY) to around SAR 24.91 billion in October, preliminary data from the General Authority for Statistics (GASTAT) showed.

 

On a month-on-month (MoM) basis, non-oil exports fell by SAR 96 million.

 

Non-oil exports accounted for 20.6% of the Kingdom’s total merchandise exports in October, amounting to SAR 120.70 billion.

 

The following table shows the development of Saudi non-oil exports:

 

Saudi Non-Oil Exports (SAR bln)*

Month

2021

2022

Change (%)

January

19.00

24.64

+30%

February

18.67

25.01

+34%

March

22.47

28.92

+29%

April

20.04

27.96

+40%

May

22.04

28.16

+28%

June

23.70

30.70

+30%

July

21.08

27.13

+29%

August

22.99

26.82

+17%

September

25.00

25.32

(1%)

October

23.87

24.91

+4%

November

28.31

--

--

December

30.06

--

--

*Data are regularly updated (non-oil exports include re-exports)
 
 

Products of chemical or allied industries accounted for 41% of the total non-oil exports, rising by 33% YoY in the same month to SAR 10.20 billion.

 

Plastics, rubber and articles thereof dropped 16% YoY to SAR 6.4 billion in October. Exports of machinery and mechanical appliances jumped 21% YoY.

 

The table below shows changes in non-oil exports by segment:

 

Saudi Non-Oil Exports’ Value in October (SAR mln)

Product

October 2021

October 2022

Change

Change (%)

Products of chemical or allied industries

7692.5

10196.8

2504.3

33%

Plastics and articles thereof; rubber and articles thereof

7641.4

6447.2

(1104.3)

(16%)

Base metals and articles of base metal

1839.9

1893.2

53.3

3%

Machinery and mechanical appliances

1263.8

1522.5

258.7

21%

Vehicles, aircraft, vessels and associated transport equipment

2106.6

1246.8

(859.7)

(41%)

Food industry products, beverages, alcoholic liquids and vinegar, tobacco and manufactured tobacco substitutes

662.6

776.0

113.4

17%

Live animals and related products

513.4

623.9

110.5

22 %

Natural or cultured pearls, precious or semi-precious stones, precious metals

396.7

468.8

72.2

18%

Mineral products

348.93

366.7

17.74

5 %

Other

1401.7

1364.8

(574.9)

(30%)

Total

23867.5

24906.7

1039.2

%

 

On port level, King Fahd Industrial Port in Jubail accounted for 19.4%, or SAR 4.82 billion, of the Kingdom’s non-oil exports in October. Dammam’s King Abdulaziz Port came second with SAR 4.5 billion of total merchandise exports.

 

Sea customs ports represented 74% of Saudi Arabia’s total non-oil exports, while land and air ports accounted for 19.2% and 6.8%, respectively, as follows:

 

Saudi Non-Oil Exports by Port (SAR mln)

Means of transportation

Customs port

Value in October 2022

Percentage to total

Sea

King Fahd Industrial Port - Jubail

4820.6

19.4%

King Abdulaziz Port - Dammam

4536.7

18.2%

Jeddah Islamic Port

3043.7

12.2%

Jubail Port

2179.3

8.7%

Ras Al Khair Port

1496.7

6.0%

Port of Ras Tanura

520.4

2.1%

Rabigh Port

507.7

2.0%

King Fahad Industrial Port - Yanbu

394.8

1.6%

King Abdullah Port

338.4

1.4%

Dhiba Port

344.9

1.4%

Yanbu Commercial Port

199.0

0.8%

Port of Ras al Khafji

46.8

0.2%

Jizan Port

9.5

0.0%

Total

18438.6

74.0%

Land

Batha

1942.2

7.8%

Al-Haditha

802.5

3.2%

Wadiha

429.1

1.7 %

Raqa’i

418.8

1.7%

King Fahd Causeway

319.5

1.3%

Al-Khafji

267.5

1.1%

Empty Quarter Port

290.9

1.2%

Salwa

121.0

0.5%

Jadidat Arar

112.3

0.5%

Halat Ammar Customs

48.9

0.2 %

Al Dura

26.0

0.1 %

Riyadh Dry Port

0.9

0.0 %

Total

4779.6

19.2%

Air

King Abdulaziz International Airport (Jeddah)

808.5

3.2%

King Khalid International Airport (Riyadh)

536.6

2.2%

King Fahd International Airport (Dammam)

343.0

1.4%

Prince Mohammad Bin Abdulaziz International Airport (Madinah)

0.4

0.0 %

Abha International Airport

0.1

0.0 %

Prince Naif bin Abdulaziz International Airport (Qassim)

0.0

0.0 %

Prince Sultan Airport (Tabuk)

0.0

0.0 %

Total

1688.5

6.8 %

 

Total

24906.7

100%

 
 

Details and Historical Data of Exports

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