Saudi Arabia’s non-oil exports fell 9 percent year-on-year (YoY) to SAR 12.6 billion in February 2017, data from the kingdom’s General Authority for Statistics showed.
Non-oil exports fell by SAR 1.4 billion in February compared to the previous month.
|
Saudi non-oil exports (SAR mln) |
|||
|
Variation |
2017 |
2016 |
Month |
|
+10.3% |
14,019 |
12,708 |
January |
|
(9%) |
12,623 |
13,838 |
February |
|
-- |
-- |
15,426 |
March |
|
-- |
-- |
14,398 |
April |
|
-- |
-- |
16,315 |
May |
|
-- |
-- |
14,674 |
June |
|
-- |
-- |
12,375 |
July |
|
-- |
-- |
15,821 |
August |
|
-- |
-- |
13,089 |
September |
|
-- |
-- |
14,989 |
October |
|
-- |
-- |
14,397 |
November |
|
-- |
-- |
14,938 |
December |
The decrease was attributed to a decline in exports of pearl and precious stones by around SAR 352 million, and a SAR 293 million drop in transport equipment and parts exports in February.
The United Arab Emirates was the top export market for Saudi products, followed by China, India, Bahrain and Singapore. The five countries accounted for 39.1 percent of the kingdom’s total non-oil exports in February.
|
Non-oil exports by sector (SAR mln) |
||||
|
Variation (%) |
Variation value |
2017 |
2016 |
Product |
|
(1%) |
(40) |
3,965 |
4,005 |
Plastics, rubber products |
|
(7%) |
(286) |
3,585 |
3,871 |
Chemical industry products |
|
(19%) |
(293) |
1,232 |
1,524 |
Transport equipment |
|
+1% |
+12 |
1,141 |
1,129 |
Base metals |
|
(9%) |
(56) |
591 |
647 |
Machinery, equipment, appliances |
|
+2% |
+10 |
459 |
449 |
Livestock |
|
(10%) |
(44) |
412 |
455 |
Food, beverages & tobacco |
|
(62%) |
(352) |
216 |
568 |
Pearls & precious stones |
|
(12%) |
(26) |
198 |
224 |
Paper products |
|
(15%) |
(140) |
826 |
967 |
Others |
|
(9%) |
(1,215) |
12,623 |
13,838 |
Total |
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