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FINANCIAL NEWS
Saudi’s non-oil export value down to USD12.43b in Q2
14 Oct 2015
(MENAFN) Saudi’s nonoil exports fell by value in the second quarter to USD12.43 billion compared to USD14.97 billion for the same quarter of last year, a decrease of 17 percent.
On the other hand, the value of the Kingdom’s imports fell in the second quarter by 2.2 percent to USD44.3 billion, down USD1.01 billion for the on-year, which recorded about USD45.32 billion.
The nonoil commodity exports registered a decline of 1 percent compared with the first quarter of 2015, the Central Department of Statistics and Information (CDSI) reports showed.
Nonoil commodity exports registered USD12.55 billion, as the value of the imports recorded a rise of 2.3 percent compared to the prior quarter, which registered USD43.31 billion.
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