Monitoring Desk
RIYADH: Saudi Arabia’s General Authority for Statistics said on Thursday that the Kingdom’s non-oil exports increased by 4.4 % in October 2022 as compared to October 2021.
The General Authority for Statistics added that Saudi Arabia’s non-oil exports were driven by allied and chemical industries during the period. The report added that total goods exports raised by 13. 9% in October 2022 to SR120.7 billion.
Non-oil exports
Saudi Arabia’s merchandise imports raised by 39.3 % in Oct to SR63.9 billion compared to SR45.9 billion in Oct 2021. The report stated that the most significant merchandise in October 2022 was mechanical appliances, machinery, and electrical equipment.
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The report said that Japan and South Korea came in next with both at 10.3 % of the Kingdom’s total exports. The Kingdom’s top ten exporting countries acquired 68.2 % of exports, whereas its top ten importing countries accounted for 62.7 % during the period of Oct 2022.
