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FINANCIAL NEWS
Saudi posts 25% rise in non-oil exports in Dec
20 Feb 2012
(MENAFN) Saudi General Statistics Department said that in December, the value of the country’s non-oil exports jumped by 25 percent from 2010’s USD3.31 billion to USD4.14 billion, reported Arab News.
The department added that in terms of volume, non-oil exports rose 3 percent to 4,180,000 tons from 4,057,000 tons.
Furthermore, main exports were plastic products, representing 34 percent of total exports, with a value of USD1.39 billion, followed by petrochemicals at USD1.35 billion and re-exports at USD575 million.
It also said that the top importer of the Kingdom’s products was China, which accounted for 12 percent of total exports, with a value of USD503 million, followed by the UAE with USD431 million.
It is worth noting that in December, non-Arab and non-Islamic Asian countries received 32 percent of Saudi exports followed by GCC countries, Arab countries, European countries and non-Arab Islamic countries.
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