|
EXPORTS
Over the last two decades, the value of
the Kingdom's exports reached a peak of SR404,480.9 million (U.S. $
118,965 million) in 1981, then declined to a trough of SR74,376.8 million
(about U.S. $ 20 billion) in 1986. The Kingdom's exports have expanded
steadily since 1987 and achieved a noticeable improvement in 1990 (see
Table 11 below). Total exports in 1990 increased by 56.5 percent to
SR166,339.2 million (U.S.$44,357.1 million) from SR106,241.2 million
(U.S.$28,330.9 million) in 1989. This rise in exports was due to the sharp
increase in oil production to help maintain international supplies and
stabilize prices during the 1990 Gulf crisis.
TABLE 11 *
VALUE OF THE KINGDOM'S GLOBAL EXPORTS AND IMPORTS
WITH PERCENTAGE CHANGES AND TRADE BALANCE, 1980-1991
(Value in Millions of Saudi Riyals)
1
USD ~ 3.745 Saudi Riyal
|
KINGDOM’S
EXPORTS**
(F.O.B.)
|
KINGDOM’S
IMPORTS
(C.I.F.)
|
| YEAR |
VALUE |
%
VARIANCE |
VALUE |
%
VARIANCE |
TRADE
BALANCE |
| 1980 |
362,885.7 |
----- |
100,349.6 |
----- |
(+)262,536.1 |
| 1981 |
405,380.9 |
(+)11.7 |
119,297.7 |
(+)18.9 |
(+)286,183.3 |
| 1982 |
271,090.1 |
(-)33.1 |
139,335.1 |
(+)16.8 |
(+)131,754.9 |
| 1983 |
158,443.9 |
(-)41.6 |
135,417.2 |
(-)2.8 |
(+)23,026.7 |
| 1984 |
132,220.3 |
(-)16.6 |
118,736.7 |
(-)12.3 |
(+)13,483.6 |
| 1985 |
99,535.9 |
(-)24.7 |
85,563.6 |
(-)27.9 |
(+)13,972.2 |
| 1986 |
74,376.8 |
(-)25.3 |
70,779.9 |
(+)17.3 |
(+)3,596.8 |
| 1987 |
86,879.7 |
(+)16.8 |
75,312.6 |
(+)6.4 |
(+)11,567.1 |
| 1988 |
91,287.7 |
(+)5.1 |
81,581.7 |
(+)8.3 |
(+)9,706.0 |
| 1989 |
106,241.2 |
(+)16.4 |
79,219.4 |
(-)2.9 |
(+)27,021.8 |
| 1990 |
166,339.2 |
(+)56.5 |
90,139.5 |
(+)3.8 |
(+)76,199.7 |
| 1991 |
178,974.1 |
(+)07.6 |
108,861.3 |
(+)20.8 |
(+)70,092.8 |
| 1992 |
188,325.4 |
(+)05.4 |
124,537.0 |
(+)14.3 |
(+)63,788.0 |
| 1993 |
158,770.1 |
(-)15.7 |
105,616.0 |
(-)15.2 |
(+)53,154.1 |
| 1994 |
159,589.5 |
(+)00.5 |
87,422.0 |
(-)17.2 |
(+)72,167.5 |
| |
|
* Compiled by
Saudia-online staff.
** Exports include re-export, if any.
Source: Foreign Trade Statistics, Ministry of Finance and National
Economy, Central Department of Statistics, Kingdom of Saudi Arabia.
|
| |
|
The main categories of Saudi exports
during 1990 were 74.11 percent crude oil; 16.9 percent refined oil; 5.71
percent petrochemical products and plastics and 3.99 percent other
commodities. During 1991 the value of the Kingdom's exports increased by
7.6 percent to SR178,974 million (U.S.$47,726.43 million). The main
categories of these exports were 78.1 percent crude oil; 13.3 percent
refined oil; 5 percent petrochemical products and plastics and 3.6 percent
other commodities. The non-oil exports recorded a marginal decline from
9.7 percent in 1990 to 8.6 percent in 1991.
The value of the
kingdom’s exports increased during 1992 by SR9,701 million (or about 5
percent), decreased by about 15 percent in 1993 and then edged up again
slightly by 0.5 percent in 1994. Table (12) shows the values of the most
important commodities of the Kingdom’s exports in 1994, in comparison to
1993. Table (13) reflects the values of the Kingdom’s exports, by main
commodities, for the period 1989-1993.
TABLE 12 *
VALUES OF THE MOST IMPORTANT COMMODITIES
OF THE KINGDOM’S EXPORTS IN 1994 (Millions of Saudi Riyals)
1
USD ~ 3.745 Saudi Riyal
|
| COMMODITY |
1994 |
1993 |
Changes |
| Mineral
Products |
142,829 |
144,636 |
-
1.2 % |
| Foodstuffs |
1,430 |
1,656 |
-13.6
% |
| Chemical
Products |
7,878 |
5,819 |
35.4
% |
| Plastic
Products |
3,370 |
2,530 |
33.2
% |
| Base
metals and articles of base metal |
943 |
869 |
8.5
% |
| Electrical
machines, equipment & tools |
546 |
460 |
18.7
% |
| Other
Exports |
1,282 |
1,273 |
0.7
% |
| Re-exports |
1,312 |
1,527 |
-14.1
% |
| Total |
159,520 |
158,770 |
0.5
% |
| |
|
* Source:
Central Department of Statistic, Foreign Trade, Ministry of Planning,
Kingdom of Saudi Arabia.
|
| |
| |
|
TABLE
13 *
THE KINGDOM’S VALUE OF EXPORTS BY CATEGORY: 1989-1993
(Value in Millions of Saudi Riyals)
1
USD ~ 3.745 Saudi Riyal
|
| CATEGORY |
1989 |
1990 |
1991 |
1992 |
1993 |
| Live
animals and animal products |
231 |
237 |
543 |
395 |
359 |
| Vegetable
products |
1,141 |
835 |
670 |
932 |
1,067 |
| Animal
& vegetable fats and oils and their cleavage products; prepared edible
fats; animal and vegetable waxes |
33 |
54 |
93 |
81 |
58 |
| Prepared
foodstuffs; beverages; spirits and vinegar; tobacco |
179 |
220 |
403 |
293 |
281 |
| Mineral
products |
90,839 |
150,873 |
163,752 |
174,633 |
145,054 |
| Products
of the chemical and allied industries |
5,737 |
5,720 |
5,615 |
5,795 |
5,873 |
| Artificial
resins and plastic materials; cellulose esters and ethers, and articles
thereof: rubber, synthetic rubber, lactic, and articles thereof |
4,236 |
3,819 |
3,465 |
2,781 |
2,578 |
| Raw
hides and skins, leather, fur skin, and articles thereof; saddlers and
harness; travel goods, handbags & similar containers; articles of gut
(other than silkworm gut) |
120 |
111 |
65 |
67 |
92 |
| Wood
and articles of wood: wood charcoal: cork and articles of cork;
manufacturers of straw, esparto and other platting materials; basket ware
and wickerwork |
45 |
54 |
31 |
22 |
23 |
| Paper
making material; paper and paper board and articles thereof |
311 |
325 |
327 |
260 |
372 |
| Textile
and textile articles |
275 |
250 |
310 |
189 |
142 |
| Footwear,
headgear, umbrellas, sunshades, wigs, riding crops and parts thereof;
prepared leathers and articles thereof; artificial flowers; articles of
human hair; fans |
12 |
09 |
14 |
12 |
06 |
| Articles
of stone, plaster, cement, asbestos, mica and similar materials; ceramic
products; glass and glassware |
111 |
127 |
201 |
181 |
202 |
| Pearls;
precious and semi-precious stones; precious metals; rolled precious metals
and articles thereof; imitation jewelry; coins |
135 |
231 |
280 |
06 |
15 |
| Base
metals and articles of base metals |
1419 |
1537 |
899 |
1031 |
992 |
| Machinery
and mechanical appliances and parts thereof; electrical equipment and
parts thereof |
652 |
728 |
804 |
818 |
1016 |
| Transport
equipment and parts thereof |
705 |
1066 |
833 |
612 |
507 |
| Instruments
- photographic, cinematographic, measuring, checking, precision, medical,
surgical, clocks, watches, musical, sound, television, magnetic devices
and parts thereof |
47 |
88 |
171 |
27 |
25 |
| Arms,
ammunition, and parts thereof |
01 |
00 |
123 |
02 |
01 |
| Miscellaneous
manufactured articles |
60 |
49 |
25 |
189 |
107 |
| Works
of art; collector’s pieces, and antiques |
05 |
06 |
00 |
01 |
00 |
| Grand
Total |
106,294 |
166,339 |
178,624 |
188,325 |
158,770 |
| |
| *
Source: Central Department of Statistics, Kingdom of Saudi Arabia |
Sources:
The Commercial office, Embassy of Saudi
Arabia, Washington, D.C. and The Foreign Trade Statistics, Ministry of Finance
and National Economy, Central Department of Statistics, Kingdom of Saudi Arabia.
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