The Saudi merchandise exports recorded in July 2021 an increase compared to July 2020 by 79.6 percent, reaching a value of 91.8 billion riyals in July 2021, up from 51.1 billion riyals in July 2020; This is as a result of an increase in petroleum exports by 37.5 billion riyals, or 112.1 percent.
According to the report of the General Authority for Statistics, the percentage of petroleum exports out of the total exports increased from 65.5 percent in July 2020 to 4.77 percent in July 2021, while the value of merchandise exports increased compared to the previous month (June) 2021, by an amount of 7.0 billion riyals. and by 8.2 percent.
The non-oil exports recorded in July 2021 an increase of 17.9 percent compared to July 2020, when they recorded 20.8 billion riyals, compared to 17.6 billion riyals. The most important commodities were plastics and rubber and their products with a percentage of 37.6 percent of the total non-oil exports, which rose by 47.7 percent by an amount of 2.5 billion riyals, and the products of the chemical and related industries are 31.3% of the total non-oil exports, which have increased by 21.4%, by an amount of 1.1 billion riyals from July 2020, while the value of non-oil exports decreased compared to the previous month, June 2021, by an amount of 2.9 billion riyals, and by 12.3 percent.
Source (Al-Arabiya.net Website, Edited)
