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Saudi Arabia non-oil exports fall 46.64b riyals in Q2 of 2015

byCustoms Today Report
14/10/2015
in Latest News
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RIYADH: The Kingdom’s non-oil exports fell by value in the second quarter of 2015 to about (46.64) billion riyals compared to (56.19) billion riyals for the same quarter of last year, a decrease of (9.55) billion riyals or a percentage of (17%).

On the other hand, the value of the Kingdom’s imports fell, in the second quarter of 2015, by (2.2%) to about (166.23) billion riyals, down (3.82) billion riyals for the same quarter of last year which recorded about (170.05) billion riyals.

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The quarterly report issued by the Central Department of Statistics and Information (CDSI) for the second quarter of 2015 pointed out that the Kingdom’s non-oil commodity exports registered a decline of 1% compared with the first quarter of 2015, in which they registered about (47.10) billion riyals, as the value of the Kingdom’s imports recorded a rise of 2.3% compared to the previous quarter which registered about 162.53 billion riyals.

CDSI Director General of Economic Statistics said the Kingdom’s non-oil commodity exports were down (28.06%) in the second quarter of 2015 compared to (33.04%) for the same quarter of last year, but this ratio was low from the first quarter of 2015, which registered (28.98%).

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