Saudi Arabia’s non-oil exports rose 31 % in 2011

May 19, 2012 12:00 AM

Saudi Arabia’s non-oil exports rose 31 % in 2011 to riyals 176.6 bn ($ 47.1 bn) compared to 2010, according to the Central Department of Statistics.
Petrochemicals and plastics combined accounted for riyals 1,14.9 bn, Arab News reported, reflecting last year’s surging commodities prices which helped state-run producer Saudi Basic Industries Corp (SABIC) achieve record profits.

By volume, 2011 exports rose by 5 % on the year.
The largest export markets for Saudi goods were China, the United Arab Emirates, Singapore and India.

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