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Saudi Trade Balance Records Monthly Surplus of 13% in February

Data from the Saudi General Authority for Statistics (GASTAT) showed that the trade balance surplus rose by 13 percent, in February, to SAR32 billion ($8.5 billion), compared to SAR28 billion ($7.4 billion) in January, but registered a decrease of 21.8 percent, on an annual basis. In its monthly International Trade Bulletin, GASTAT said the Kingdom’s merchandise exports declined by 2 percent on an annual basis to SAR95 billion ($25 billion) in February, affected by a drop in oil exports by 3.8 percent. ....

Saudi Arabia , United States , International Trade Bulletin , Authority For Statistics , Saudi General Authority ,

Saudi Non-Oil Exports Achieve New Levels

The General Authority for Statistics (GASTAT) announced on Wednesday that the Saudi trade balance in 2022 registered record results of SAR 830 billion ($222 billion), with exports exceeding SAR 1.5 trillion ($411 billion) against imports amounting to SAR 712 billion ($189.8 billion). During the same period, non-oil exports reached their highest levels, amounting to SAR 315.7 billion ($84 billion). ....

Saudi Arabia , Ar Riya , Nashmi Al Harbi , Ahmed Al Jubeir , Asharq Al Awsat , Authority For Statistics , International Trade Bulletin , General Authority ,