Saudi Arabia’s non-oil exports increased during the last year by 7.5 per cent to SAR190 billion compared to SAR176.6bn in 2013, up by SAR13.4bn.
During 2014, the kingdom’s imports recorded SAR652bn, an increase of three per cent compared with SAR630bn in 2013, according to Al Madina Newspaper.
The Saudi General Directorate of Customs’ data notes that the value of non-oil exports accounted for 29 per cent of the value of national imports and show that the weight of the imports amounted to 84 million tonnes, while the weight of exports reached 52m tonnes.
Data also show that re-exported goods (non-Saudi goods) declined to 6.8 per cent in 2014 and stood at SAR31.6bn compared to 2013 and their weights recorded a decline of 6.4 per cent (2.3m tonnes) in 2014 from the previous year.
Jeddah Islamic Port topped the list of ports registering the highest percentage of imports and exports, according to the data, where the value of imports amounted to SAR232bn, which accounted for 35.5 per cent of the kingdom’s total imports through customs ports.
(SAR1 = AED0.98, at the time of publishing)