Insights into Saudi Trade: Export Growth and Import Trends
Non-petroleum exports, which include re-exports, saw a 4.4% increase in February 2024 compared to the same period last year. Conversely, national non-petroleum exports excluding re-exports dropped by 4.1%. Meanwhile, the value of re-exported goods surged by 32.3% during the same timeframe. Figures released by the General Authority for Statistics revealed a 2% decrease in commodity…