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FINANCIAL NEWS
Saudi trade surplus records USD144.24b in 2010
28 Jan 2012
(MENAFN) A report, issued by Asharqia Chamber of Commerce and Industry, showed that Saudi Arabia’s balance of trade with other countries recorded a surplus rise of 19.1 percent to USD144.24 billion in 2010, the state-run SPA news agency.
The figures reflect the sharp rise in trade exchange between the kingdom and the world during 2005-2010.
According to the report, based on information from the Central Department of Statistics and Information, Saudi exports reached USD313.41 billion in 2010 compared to USD115,12 billion of imports in the same year.
Japan, US, China, South Korea, India, Singapore, Taiwan, UAE, Bahrain and Thailand were on the top of the kingdom’s importing markets in 2010, which reached USD180.5 billion.
US, China, Germany, Japan, South Korea, France, India, UAE, UK and Italy topped the kingdom’s USD62,12 billion list of exporting countries.
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