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123.2% increase in Saudi oil and non-oil exports 40.5% in June 2021

123.2% increase in Saudi oil and non-oil exports 40.5% in June 2021

The General Authority for Statistics announced that merchandise exports in June 2021 recorded an increase of 91.8% compared to June 2020, reaching 84.7 billion riyals in June 2021.

It rose from 44.2 billion riyals in June 2020, as a result of an increase in petroleum exports by 33.7 billion riyals, or 123.2%.

According to what was published by “Statistics” today (Tuesday), the percentage of petroleum exports to total exports increased from 62.0% in June 2020 to 72.1% in June 2021.

Value of merchandise exports increased compared to the previous month (May 2021) by 2.5 billion riyals or 3.1%.

Non-oil exports recorded an increase of 40.5% compared to June 2020, as they recorded 23.6 billion riyals, compared to 16.8 billion riyals.

“Products of the chemical and related industries” increased by 49.2% by 2.4 billion riyals from June 2020, while the value of non-oil exports increased by 1.6 billion riyals or 7.2% compared to the previous month (May 2021).

Jeddah Islamic Port is one of the most important ports through which goods crossed into the Kingdom with a value of 11.7 billion riyals, equivalent to 25.3% of total imports.

The other main ports came after, namely: King Abdulaziz Port in Dammam with a percentage of 19.9%, King Khalid International Airport in Riyadh with a percentage of 10.9%, King Fahd Airport in Dammam with a percentage of 7.8%, and Al-Batha by 7.0%.

These five outlets constitute 70.8% of the Kingdom’s total merchandise imports.

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