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An increase in the Kingdom’s non-oil merchandise exports by 4.4%

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Ashraf AboArafe 

The Saudi General Authority for Statistics issued the Kingdom’s International Trade Bulletin for the month of October 2022 AD, indicating that the value of the Kingdom’s merchandise exports during this period amounted to (121 billion riyals), compared to (106 billion riyals) during October 2021 AD, with an increase of (15 billion riyals), by (14.2%).

According to the data contained in this bulletin, the value of petroleum exports during the month of October 2022 amounted to (96 billion riyals), compared to (82 billion riyals) during the month of October 2021 AD, with an increase of (14 billion riyals), by (17.1%).

According to the results of the bulletin, the value of non-oil exports (including re-exports) during October 2022 amounted to (25 billion riyals), compared to (24 billion riyals) during October 2021, with an increase of (1 billion riyals), by (4.4%), while The value of merchandise imports to the Kingdom during the month of October 2022 AD amounted to (67 billion riyals), compared to (46 billion riyals) during the month of October 2021 AD, with an increase of (21 billion riyals), by (45.7%).

It is noteworthy that the General Authority for Statistics is the only official statistical reference for statistical data and information in the Kingdom of Saudi Arabia, and it carries out all statistical work, technical supervision of the statistical sector, design and implementation of field surveys, conducting statistical studies and research, analyzing data and information, and all works of documenting and preserving information and data. Statistics covering all aspects of life in the Kingdom of Saudi Arabia from its multiple sources, codifying, tabulating, analyzing and extracting its statistical indicators.

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