Saudi Arabia: Non-oil exports going up
The value of non-oil Saudi exports in the third quarter of the year 2010 amounted to 30,942 million riyals, up 14% compared to the third quarter of 2009. Meanwhile, Saudi imports increased during the period by 4% to reach 92,675 million riyals.
The figures appear in a bulletin issued by the Department of Statistics and Information.
According to the data, plastic products led the list of exports during the third quarter of 2010. Plastics exports valued at 10,152 million riyals, up 62% compared with the same period of 2009, followed by petrochemicals whose exports amounted to 9586 million riyals, up 32% compared with the same period of 2009.
Saudi exports' main destinations include the UAE, China, Singapore and India.
- Jordan secures EU finance for socioeconomic and environmental programs
- US, EU protectionist policies may be a blessing in disguise for GCC suppliers
- Dubai to Doha: How far can you stretch your dirham?
- Tunisia 2020 investment conference: 145 mega projects on offer
- GCC tax on expats' income and remittances would be highly regressive: IMF