17 May 2015
Saudi nonoil exports dropped by 19.4 percent in March, 2015, to reach SR15.7 billion compared to the figures of the same period last year, according to a report released by the Central Department of Statistics and Information (CDSI).

Meanwhile, Saudi imports increased by 2.8 percent to SR55.6 billion compared to the figures of the same period last year, the CDSI report, quoted by local media, said.

Plastic products topped the Kingdom's list of exports in March and registered 32.14 percent of nonoil exports valued at more than SR5 billion, the report said.

Petrochemical products ranked second in nonoil exports valued at more than SR4 billion, or 26.21 percent, followed by ordinary metals and products by 9.15 percent, or SR1.4 billion, of the total value of exports.

Equipment, machinery and electrical utensils captured the highest value of Saudi imports in March (2015) at SR14.9 billion, or 26.86 percent of the total value of imports, followed by transport materials at the value of SR9.5 billion, or 17.13 percent, and ordinary metals and their products at SR5.4 billion, or 9.83 percent, the report added.

The UAE topped the list of major importers of Saudi nonoil products by 10.68 percent of the total value of exports in March, followed by China at 10.05 percent and India at 7.32 percent, the report said.

In the same month, China remained the biggest exporter to the Kingdom and captured 13.99 percent of the total Saudi imports, followed by the United States at 12.22 percent and Germany at 6.90 percent, the report said.

© Arab News 2015