GaStat: The cost of oil exports in September 2016 is 43.5 billion SAR

On Wednesday, the 1st of Rabe'a first 1438 corresponding 2016/11/30, GaStat has issued two indicators; (oil exports in September 2016) and (The percentage of non-oil exports to non-oil GDP in the second quarter of this year). The cost of Saudi oil exports reached 43.5 billion SAR in September. Therefore, Saudi oil exports have increased by (6.2%) compared to the same month of last year ( September 2015). In this way,  oil exports constituted (81.5%) of all exports. According to the indicator descriptive data, oil exports include mineral fuel, mineral oil, distillation products, bituminous materials, and mineral waxes. The exports are composed of local commodities exports ( national exports) and foreign commodities exports ( re-export).  (oil exports) indicator showed that national exports refer to all commodity exports that are locally produced and manufactured, or those which undergone manufacturing procedures that changed their shapes and cost. However, the (re-export) indicated in  the ( oil exports) indicator means exports of previously imported commodities without any clear modifications. 
As for the indicator of non-oil exports to non-oil GDP, GaStat revealed that non-oil exports constitute (10.0%) of non-oil GDP in the second quarter of 2016, compared to (11.2%) in the same period of last year. This decrease is attributed to the decrease of non-oil exports (9.8%) compared to the increase in non-oil GDP (1.0%) during the same period. 
The published report defined non-oil exports as all exports excluding oil commodities exports. According to the same indicator, non-oil GDP is defined as part of GDP resulted from non-oil sector using current prices, it does not include import taxes. On the other hand, the annual change mentioned in the same indicator means growth on an annual basis. It measures the statistical change during a ( month or quarter) compared to the same period of last year.
It is worth mentioning that these indicators were launched as parts of the 45 statistical products announced lately by GaStat. Their launching constitute the first stage of the new products which include economic, social, demographic, Omrah, and labor market statistics. In addition to other statistics related to energy, knowledge, environment, culture, sport, entertainment, security, and safety.    

Download ( Excel  | PDF ):   Oil Exports, September 2016
Download ( Excel  | PDF ):   Ratio of Non-oil Exports to Non-oil GDP, 2nd Quarter 2016
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