GASTAT: Non-oil Exports Increase by 19% in July 2024 over Same Period Last Year

According to the General Authority for Statistics (GASTAT), the value of merchandise exports increased during July 2024, reaching SAR94.5 billion, compared to SAR92.6 billion during July 2023, an increase of SAR1.9 billion, or 2.1%. The value of oil exports during July 2024 amounted to SAR69.1 billion, compared to SAR71.3 billion during July 2023, a decrease of SAR2.2 billion, or 3.1%. The value of non-oil exports, including re-exports, during July 2024 amounted to SAR25.4 billion, compared to SAR21.3 billion during July 2023, an increase of SAR4.1 billion, or 19.2%. The value of the Kingdom's merchandise imports during July 2024 amounted to SAR75.2 billion, compared to SAR66.8 billion during July 2023, a decrease of SAR8.4 billion, or 12.6%. Source: Saudi Press Agency