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Home MIDDLE EAST Saudi Arabia’s merchandise exports rise 4.4% to $28bn

Saudi Arabia’s merchandise exports rise 4.4% to $28bn

RIYADH: Saudi Arabia’s total merchandise exports rise by 4.4 percent in March to SR106.1 billion ($28.29 billion), compared to SR101.1 billion in the previous month, according to the latest report released by the Kingdom’s General Authority for Statistics. 

The report, however, noted that the Kingdom’s overall merchandise exports fell 25.3 percent year-on-year in March, as the value of exports amounted to SR142 million in the same month of 2022. 

GASTAT, in its report, pointed out that this year-on-year fall in exports was primarily driven by a decrease in oil exports which fell by 26.5 percent in March to SR83.1 billion. 



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