Saudi non-oil exports rise by 17 percent

February 24, 2010

The value of Saudi non-oil exports in December 2009 totaled SR 10.14 billion [$2.7 billion], rising 17% from the SR 8.68 billion [$2.29 billion] in exports in December 2008. Overall exports also jumped 17%, from 3,320,000 tons in December 2008 to 3,869,000 tons in December 2009.

According to the latest report from the Central Department of Statistics & Information (CDSI), petrochemicals topped the Kingdom’s list of exports in December (31%), followed by plastic products (23%) and foodstuffs (9%). The CDSI noted that the UAE topped the list of importers of Saudi goods, followed by China, Singapore, Qatar and India.

The total value of Saudi imports in December 2009 was SR 31.7 billion [$8.45 billion], a 6% decrease from the SR 33.85 billion [$9.03 billion] in goods imported in December 2008. The main imported commodities were electrical machines and equipment, transport machines, foodstuffs, natural and manufactured minerals, petrochemicals, plastics and textiles. The United States came in first as the Kingdom’s biggest source of imports, followed by China, Germany, and Japan.