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EXPORTS FROM SAUDI ARABIA

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. ©Saudia-Online

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