Saudi oil exports up 35% in April

03/07/2017 Argaam Special

Saudi Arabia’s oil exports rose 35 percent year-on-year (YoY) to SAR 51.9 billion in April, according to data from the Kingdom’s General Authority for Statistics.

 

Oil exports in April accounted for 78.2 percent of the total exports of SAR 66.4 billion.

 

Saudi oil exports declined by SAR 2 million in April compared to the previous month.

 

Saudi Oil Exports

Period

Value (SAR mln)

YoY Variance

Oil exports/total exports

January 2016

29,231

(30.1%)

69.7 %

February

30,321

(35.6%)

68.7 %

March

37,605

(33.1%)

70.2 %

April

38,452

(32.9%)

73.0%

May

46,622

(23.7%)

73.8 %

June

45,237

(16.5%)

75.3 %

July

45,121

(14.1%)

78.4 %

August

44,339

(2.1%)

73.4 %

September

43,924

+7.2%

76.4 %

October

51,513

+28.8%

76.5%

November

46,220

+15.2%

75.2 %

December

52,146

+41.6%

76.6 %

January 2017

55,109

+88.5%

79.7%

February

53,164

+75.3%

80.8%

March

53,863

+43.2%

76.7%

April

51,913

+35.0%

78.2%

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