RIYADH: The value of Saudi Arabia’s non-oil exports fell in the second quarter of 2015 to about 46.64 billion riyals (Dh45.63 billion) 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 percent, figures released by the Central Department of Statistics and Information (CDSI) showed.
On the other hand, the value of the Kingdom’s imports fell, in the second quarter of 2015, by 2.2 per cent 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. The quarterly report issued by the CDSI for the second quarter of 2015 pointed out that the kingdom’s non-oil commodity exports registered a decline of 1 per cent 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 per cent compared to the previous quarter which registered about 162.53 billion riyals.
The report, which was carried by Saudi Press Agency, said the Kingdom’s non-oil commodity exports were down 28.06 per cent in the second quarter of 2015 compared to 33.04 per cent for the same quarter of last year, but this ratio was low from the first quarter of 2015, which registered 28.98 per cent.
