The General Authority for Statistics reported that non-oil exports, including re-exports, in August 2024 reached SAR 27.5 billion, up from SAR 25.6 billion in August 2023, up SAR 1.9 billion, or 7.4%, as per the international trade publication for August 2024.
Oil exports for August 2024 totalled SAR 65.3 billion, down from SAR 77.3 billion in August 2023. The data also indicated a decline in total merchandise exports, reaching SAR 92.8 billion in August 2024, compared to SAR 102.9 billion in the previous year.
Saudi Arabia’s merchandise imports in August 2024 amounted to SAR 64.8 billion, compared to SAR 67.4 billion in August 2023.