FINANCIAL NEWS

Saudi non-oil exports reach $3.17b in May

18 Jul 2010

(MENAFN) A report issued by Saudi Arabia?s Central Department of Statistics and Information (CDSI) showed that the kingdom?s non-oil exports rose to $3.17 billion for the month of May, up 40 percent from a year earlier, SPA reported.

The main non-oil exports were plastics and petrochemicals, which reached a total of $1.95 billion, representing 61 percent of non-oil exports, the data showed.

Asian countries were the main importers, receiving 30 percent of the non-oil exports in May, followed by fellow Gulf Arab states with 23 percent.

The United Arab Emirates led the importers with around $347 million, followed by China which imported products worth around $267 million.

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