21 Feb 2024

Last update 24 / 11 / 2022

Non-Oil Merchandise Exports in Saudi Arabia Increase by 13.1% in Q3 of 2022

On Thursday November 24, 2022, the General Authority for Statistics (GASTAT) issued the International Trade Publication in Saudi Arabia for the month of September 2022, on its official website www.stats.gov.sa

The publication results indicated an increase in the value of merchandise exports in Saudi Arabia during September 2022, where it reached (125 billion riyals), compared to (95 billion riyals) during September 2021, an increase of (30 billion riyals), by 30.9%.

According to the publication results, the value of oil exports during September 2022 reached (100 billion riyals), compared to (70 billion riyals) during September 2021, with an increase of (30 billion riyals), a percentage of 43.4%.

The value of non-oil exports (including re-exports) during September 2022 reached (24 billion riyals), compared to (25 billion riyals) during September 2021, with a decrease of (1 billion riyals), a percentage of 3.4%, according to the publication. 

The value of merchandise imports in Saudi Arabia during September 2022 reached (60 billion riyals), compared to (47 billion riyals) during September 2021, with an increase of (13 billion riyals), a percentage of 26.9%.

On the other hand, the publication results indicated an increase in non-oil merchandise exports in Saudi Arabia by 13.1% during the third quarter of 2022. According to the publication results, the value of merchandise exports in Saudi Arabia during the third quarter of 2022 amounted to (400 billion riyals), compared to (274 billion riyals) during the third quarter of 2021, with an increase of (126 billion riyals), by 46.1%.

The publication results stated that the value of oil exports during the third quarter of 2022 amounted to (321 billion riyals), compared to (204 billion riyals) during the third quarter of 2021, with an increase of (117 billion riyals), by 57.3%.

According to the publication results, the value of non-oil exports (including re-exports) during the third quarter of 2022 amounted to (78 billion riyals), compared to (69 billion riyals) during the third quarter of 2021, with a decrease of (9 billion riyals), by 13.1%.

The value of merchandise imports during the third quarter of 2022 reached (181 billion riyals), compared to (145 billion riyals) during the third quarter of 2021, with an increase of (36 billion riyals), a percentage of 25.1%.

It is noteworthy that GASTAT is the only official statistical reference for statistical data and information in Saudi Arabia. It carries out all the statistical work, in addition to the technical oversight of the statistical sector. It also designs and implements field surveys, conducts statistical studies and researches, analyzes data and information, in addition to documenting and archiving all works of information and statistical data that cover all aspects of life in Saudi Arabia from its multiple sources. Data are written, classified, and analyzed; their indicators are extracted as well.

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