Doha: Saudi Arabia’s non-oil exports, including re-exports, rose by 5.5% year-on-year in August, reaching SAR 99.1 billion, according to official reports.
According to Qatar News Agency, the latest International Trade Bulletin showed that the ratio of non-oil exports to imports fell slightly to 39.1% in August, compared with 39.8% in the same month last year. Meanwhile, oil exports increased by 7% during the same period, raising their share of total merchandise exports from 70.2% to 70.5%.
The trade surplus rose by 4.1% year-on-year, supported by a 7.4% increase in imports.