By Maged Al-Shabib
Riyadh-Mubasher: Saudi Arabia’s non-oil exports reached SAR 46.5 billion in the third quarter of 2015, falling 16.2% (nearly SAR 8.9 billion) year-on-year from SAR 55.5 billion and 0.1% quarter-on-quarter.
Total weight of exports reached 12.7 million tonnes, a decline of 1.7% (around 221,000 tonnes) compared with 13 million tonnes in Q3-14.
Accordingly, non-oil exports continued their decline for the fifth straight quarter.
The kingdom’s non-oil exports to GCC grew 7.4% year-on-year, while non-oil exports to Asian states and European Union declined by 31.3% and 14%, respectively.
Translated by Abdul Maguid Aboshahla
