Saudi Arabia’s oil exports jumped 89 percent year-on-year (YoY) to SAR 55.1 billion in January 2017, according to the latest data from the General Authority for Statistics (GAS).
Crude exports accounted for 79.7 percent of the kingdom’s total exports, which reached SAR 69.1 billion.
On a month-on-month basis, oil exports rose by SAR 3 billion in January, the data showed.
|
Saudi Arabia’s Oil Exports |
|||
|
Period |
Value (SAR bln) |
YoY Variance |
Proportion of total exports |
|
January 2016 |
29.231 |
(30.1%) |
69.7 % |
|
February |
30.321 |
(35.6%) |
68.7 % |
|
March |
37.605 |
(33.1%) |
70.9 % |
|
April |
38.450 |
(32.9%) |
72.8 % |
|
May |
46.576 |
(23.8%) |
74.1 % |
|
June |
45.236 |
(16.5%) |
75.5 % |
|
July |
45.121 |
(14.1%) |
78.5 % |
|
August |
44.339 |
(2.1%) |
73.7 % |
|
September |
43.924 |
+7.2% |
77.0 % |
|
October |
51.510 |
+28.8% |
77.5 % |
|
November |
46.217 |
+15.2% |
76.2 % |
|
December |
52.144 |
+41.6% |
77.7 % |
|
January 2017 |
55.109 |
+88.5% |
79.7% |
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