Literature Commission inaugurates Saudi Pavilion at Muscat Book Fair    Saudi Minister of Culture holds talks with his Costa Rican counterpart in Jeddah    Saudi Arabia cracks down on fraudulent Hajj campaigns, urges pilgrims to use official channels    Nammos Amala Resort to open soon with Saudi-Greek designs    Saudi Arabia completes 674 Vision 2030 initiatives, achieves 93% of KPIs as ninth-year milestone marked    MHRSD: 80% of recruitment offices are non-compliant with regulations    GACA chief chairs 16th meeting of the Steering Committee on aviation's strategy    Alkhorayef praises advancements in Al-Kharj food industries sector    At least 50 Palestinians killed in Israeli strikes across Gaza    Teenage girl killed in French school stabbing attack    Trump claims meeting with China after Beijing denies any trade negotiations    Police fatally shoot man at Toronto's international airport    Saudi Theater Commission launches its Work and Learn Project in UK    The season has begun — and one comment shook us all    Jennifer Lopez dazzles in Jeddah with a Formula 1 performance    Saudi Arabia open to expanded 64-team World Cup in 2034, says sports minister    Average life expectancy in Saudi Arabia rises to78.8 years    Super Max Verstappen scorches to pole with record lap in Jeddah    Film Commission launches 'Cinema' initiative to enhance content    Famed Philippine film star Nora Aunor dies at 71    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Saudi Arabia's oil, non-oil exports surges in March
The Saudi Gazette Published in The Saudi Gazette on 25 - 05 - 2022

RIYADH - As a result of the increase in oil exports by SR62.9 billion, or 123.0%, the merchandise' value exports to Saudi Arabia recorded about SR142.2 billion during March 2022, compared to SR73.6 billion in March 2021, the General Authority for Statistics (GASTAT) announced.
The GASTAT said that the percentage of oil exports out of the total exports has increased from 69.5% in March 2021 to 80.2% in March 2022. While the merchandise' value exports to Saudi Arabia recorded an increase compared to February 2022 by SR33.2 billion, or 30.5%.
With regard to non-oil exports in the Kingdom, it recorded an increase during March 2022, with a value of SR28.2 billion, compared to SR22.5 billion in March 2021, which means that it has recorded an increase of SR5.7 billion, by 25.4%. While it recorded an increase of SR3.2 billion, or 12.8%, compared to February 2022.
The value of the Kingdom's merchandise imports during the month of March of 2022 has recorded an increase to SR55.2 billion, compared to March 2021 when it amounted to SR50.3 billion at the time, which resulted in an increase of SR4.9 billion, or 9.8%.
The imports' value has also increased, compared to February 2022, by SR6.1 billion, or 12.5%.
As a result of the increase in the oil exports in Saudi Arabia by SR133.6 billion, or 90.3%, the GASTAT indicated that the value of the Kingdom's merchandise exports amounted to about SR359.3 billion in the first quarter (Q1) of 2022, compared to SR208.0 billion in the same period in 2021, with an increase of 72.7%.
The total increase in the percentage of petroleum exports out of total exports reached from 71.1% in the first quarter of 2021 to 78.3% in the first quarter of 2022, the GASTAT said, noting that the merchandise exports' value had recorded an increase compared to the 4Q of 2021 by SR37.4 billion, or 11.6%.
Non-oil exports recorded an increase from SR60.1 billion to SR77.8 billion, or 29.4%. While the non-oil exports' value decreased by SR4.4 billion, or 5.4%, compared to the 4Q of 2021.
The GASTAT indicated that imports have witnessed a 12.5% increase, amounting to SR17.4 billion, and a value of SR156.8 billion in the 1Q of 2022, compared to the 1Q of 2021, which amounted to SR139.4 at that time.
The imports' value has also recorded an increase compared to the 4Q of 2021, by SR8.2 billion, or 5.5%.

Clic here to read the story from its source.