Saudi non-oil exports edge up 2% in April

Saudi Arabia’s non-oil exports rose 2 percent year-on-year (YoY) to SAR 14.5 billion in April 2017, data from the Kingdom’s General Authority for Statistics showed.

When compared to the previous month, however, non-oil exports fell by SAR 1.9 billion in April.

Saudi Non-oil Exports (SAR bln)
Variation	2017	2016	Month
+10%	14.019	12.708	January
(9%)	12.623	13.838	February
+2%	16.336	15.998	March
+2%	14.464	14.194	April
--	--	16.573	May
--	--	14.864	June
--	--	12.438	July
--	--	16.095	August
--	--	13.537	September
--	--	15.820	October
--	--	15.250	November
--	--	15.894	December

The rise in non-oil exports in April was attributed to a 7 percent YoY increase, or SAR 297 million, in exports of plastics and rubber products, as well as a YoY rise of 10 percent or SAR 117 million in the exports of base metals.

The United Arab Emirates was the top destination market for Saudi products, followed by China, Singapore, India, and Kuwait. The five countries accounted for 42.2 percent of the Kingdom’s total non-oil exports in April.

Non-oil Exports by Sector (SAR mln)
Variation (%)	Variation value	2017	2016	Product
+7%	+297	4,657	4,360	Plastics, rubber products
(2%)	(73)	3,877	3,950	Chemical industry products
+10%	+117	1,311	1,195	Base metals
(10%)	(123)	1,131	1,254	Transport equipment
+13%	+109	938	829	Machinery, equipment, electric appliances
(4%)	(21)	527	549	Food, beverages & tobacco
+0.5%	+2	494	492	Livestock
(25%)	(88)	263	352	Pearls & precious stones
(10%)	(25)	228	253	Paper products
+8%	+76	1,037	961	Others
+2%	+270	14,464	14,194	Total

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