The General Authority for Statistics announced today that the value of non-oil exports (including re-exports) during August 2024 reached 27.5 billion SAR, compared to 25.6 billion SAR in August 2023, marking an increase of 1.9 billion SAR, or 7.4%, according to the results of the international trade publication for August 2024.

The value of oil exports during August 2024 amounted to 65.3 billion SAR, compared to 77.3 billion SAR in August 2023, representing a decrease of 12.0 billion SAR, or 15.5%.

The results of the publication also showed a decline in merchandise exports during August 2024, which totaled 92.8 billion SAR, compared to 102.9 billion SAR in August 2023, a decrease of 10.1 billion SAR, or 9.8%.

Meanwhile, the value of merchandise imports of the Kingdom during August 2024 was 64.8 billion SAR, compared to 67.4 billion SAR in August 2023, reflecting a decrease of 2.6 billion SAR, or 3.9%.