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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