Saudi non-oil exports fell 10% in December

Saudi non-oil exports fell by 10 percent year-on-year (down by SAR 1.7 billion) to SAR 14.9 billion in December, according to the latest figures released by the kingdom’s General Authority for Statistics.

On a monthly basis, non-oil exports grew by SAR 541 million.

The decline was mainly driven by a SAR 1.3 billion drop in the kingdom’s transport equipment exports; in addition to chemicals exports, which fell by SAR 615 million.

Saudi non-oil exports
Variation	2016	2015	Month
(21%)	SAR 12.70 bln	SAR 16.11 bln	January
(6%)	SAR 13.83 bln	SAR 14.76 bln	February
(7%)	SAR 15.42 bln	SAR 16.58 bln	March
(13%)	SAR 14.39 bln	SAR 16.48 bln	April
+4%	SAR 16.31 bln	SAR 15.74 bln	May
(7%)	SAR 14.67 bln	SAR 15.84 bln	June
(24%)	SAR 12.37 bln	SAR 16.23 bln	July
(3%)	SAR 15.82 bln	SAR 16.28 bln	August
(4%)	SAR 13.08 bln	SAR 13.64 bln	September
(3%)	SAR 14.98 bln	SAR 15.41 bln	October
(9%)	SAR 14.39 bln	SAR 15.84 bln	November
(10%)	SAR 14.93 bln	SAR 16.65 bln	December

Exports of rubber and plastic products rose by SAR 240 million. Pearls, precious stones & metals followed, rising by SAR 103 million.

The United Arab Emirates continued to be the highest importer from Saudi Arabia, despite an 18 percent decline YoY in imports. It was followed by China, Singapore, India, and Kuwait.

The five countries accounted for 42 percent of the kingdom’s non-oil exports.

Non-oil exports by sector
Variation	2016	2015	Product
+5%	SAR 4.76 bln	SAR 4.52 bln	Plastics, rubber products
(12%)	SAR 4.53 bln	SAR 5.14 bln	Chemical industry products
(4%)	SAR .17 bln	SAR 1.22 bln	Base metals
(54%)	SAR 1.11 bln	SAR 2.43 bln	Transport equipment
+2%	SAR 967 mln	SAR 948 mln	Machinery, equipment, appliances
+0.2%	SAR 525 mln	SAR 524 mln	Livestock
+9%	SAR 492 mln	SAR 451 mln	Food, beverages & tobacco
+19%	SAR 259 mln	SAR 217 mln	Paper products
+67%	SAR 255 mln	SAR 153 mln	Pearls & precious stones
(17%)	SAR 861 mln	SAR 1.04 bln	Others
(10%)	SAR 14.93 bln	SAR 16.65 bln	Total

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