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Saudi Arabia’s imports drop 12% in July

byCustoms Today Report
17/09/2015
in Latest News
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RIYADH: Saudi Arabia’s imports dropped 12.2 percent in July compared with a year earlier, while non-oil exports tumbled 20.6 percent, data from the Central Department of Statistics and Information showed.

Saudi foreign trade 07/15 06/15 07/14 (in bln riyals) non-oil exports 14.506 15.379 18.279 imports 44.597 51.825 50.773 DYNAMICS OF TRADE (pct y/y change in riyal terms) nominal non-oil exports -20.6 -21.1 nominal imports -12.2 -9.9. Non-oil exports traditionally account for around 12 percent of the overall exports of Saudi Arabia. The world’s largest oil exporter does not release complete trade data on a monthly basis.

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