News Column

Kingdom's imports reach SR630.68bn

May 25, 2014

Arab News, Jeddah, Saudi Arabia



May 25--JEDDAH -- Saudi Arabia's nonoil commodity exports were down by 3.2 percent in 2013, Saudi Press Agency reports.

The report stated that the Kingdom's imports in 2013 amounted to SR630.68 billion, up by SR47.20 billion for the same period of previous year, up 8.1 percent, while total weight of the imports amounted to 83,062 tons, up 11.5 percent.

The Kingdom's imports of machinery, equipment and electrical appliances and their parts thereof represented highest value reaching SR165.23 billion, 26.20 percent of the total value of imports.

The transport equipment and their parts thereof occupied second place worth of SR107.55 billion, up 17.05 percent. In third place came the ordinary metals and their products amounting to SR78.12 billion, up 12.39 percent. The chemical industry's products and related items ranked fourth, up 8.02 percent, worth SR50.55 billion.

At the level of exporting countries, the report showed that Asian countries, except Arab and Islamic ones, ranked first in terms of the value of exports of non-petroleum commodities with 54.28 percent of the total value of exports, and North American countries ranked second with 14.81 percent followed by the EU countries with 11.59 percent. The United States ranked first in the list of the most important five top countries to which the Kingdom exported, followed by China and Japan.

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(c)2014 the Arab News (Jeddah, Saudi Arabia)

Visit the Arab News (Jeddah, Saudi Arabia) at www.arabnews.com

Distributed by MCT Information Services


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Source: Arab News (Saudi Arabia)


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