Riyadh January 27 2025: According to the General Authority for Statistics (GASTAT), non-oil exports recorded an increase of 19.7% in November 2024 compared to November 2023.
Additionally, the value of re-exports increased by 82.9% during the same period. However, the total exports of goods decreased by 4.7% in November 2024 compared to November 2023, whereas imports increased by 13.9% in November 2024.
The publication’s results showed that “chemical products” were among the main non-oil export goods, accounting for 24.0% of total non-oil exports. However, it decreased by 1.6% compared to November 2023. Next, “rubber, plastics and their products”, accounting for 21.7% of non-oil exports, with a 4.0% increase from November 2023.
On the import side, the largest imported goods were “electrical machinery, equipment, and parts,” which constituted 28.1% of total imports, showing a 22.4% increase compared to November 2023. Following them were “transport equipment and parts,” which made up 14.2% of total imports, increasing by 22.0% compared to November 2023.
