Saudi Press

Saudi Arabia and the world
Monday, Jun 02, 2025

Saudi Arabia’s oil exports value rises 11.8% in November 2022: GASTAT

Saudi Arabia’s oil exports value rises 11.8% in November 2022: GASTAT

Saudi Arabia’s oil export value rose by 11.8 percent to SR9.5 billion ($2.53 billion) in November 2022, compared to the same month in 2021, according to the latest data released by the General Authority for Statistics.
In its report, GASTAT noted that the Kingdom’s overall merchandise exports increased 3.6 percent year-on-year in November 2022.

The total value of overall merchandise exports in November 2022 amounted to SR12.8 billion, up from SR108.8 billion in the same month of the previous year.

“The share of oil exports in total exports increased from 74.0 percent in November 2021 to 79.8 percent in November 2022,” said GASTAT in the report.

According to the report, Saudi Arabia’s non-oil exports including re-exports decreased by 19.7 percent to SR22.7 billion in November 2022, compared to the same month in 2021.

The GASTAT report further pointed out that the Kingdom’s non-oil exports excluding re-exports also decreased by 18 percent year-on-year in November 2022.

The report added that Saudi Arabia’s overall merchandise imports increased by 26.5 percent to SR62.7 billion in November 2022.

The GASTAT report revealed that the most imported merchandise in November were machinery, mechanical appliances, and electrical equipment parts, which accounted for 20.4 percent of total merchandise imports.

In November 2022, exports to China amounted to SR20.6 billion or 18.3 percent of total export, making the Asian giant the main destination for exports from Saudi Arabia, the report added.

China was followed by Japan and India with SR11.7 billion and SR10.3 billion of the total exports, respectively.

South Korea, the US, the UAE, Egypt, the Netherlands, Poland, and Bahrain were the other countries included in the top 10 list for Saudi Arabia’s exports.

As for Saudi imports, China also took the lead with its imports amounting to 23 percent of the total during that period reaching SR14.4 billion.

The US followed with imports at SR6.2 billion, or 9.8 percent of Saudi imports, in November 2022. The UAE came in third with SR3.3 billion worth of imports accounting for 5.3 percent of the total, showed the report.

Jeddah Islamic Sea Port topped the list of ports through which goods reached the Kingdom at a value of SAR16.8 billion, corresponding to 26.8 percent of the total imports.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Paris Saint-Germain's Greatest Triumph Is Football’s Lowest Point
OPEC+ Agrees to Increase Oil Output for Third Consecutive Month
Turkey Detains Istanbul Officials Amid Anti-Corruption Crackdown
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
EU Central Bank Pushes to Replace US Dollar with Euro as World’s Main Currency
European and Arab Ministers Convene in Madrid to Address Gaza Conflict
U.S. Health Secretary Ends Select COVID-19 Vaccine Recommendations
Trump Warns Putin Is 'Playing with Fire' Amid Escalating Ukraine Conflict
India and Pakistan Engage Trump-Linked Lobbyists to Influence U.S. Policy
U.S. Halts New Student Visa Interviews Amid Enhanced Security Measures
Trump Administration Cancels $100 Million in Federal Contracts with Harvard
SpaceX Starship Test Flight Ends in Failure, Mars Mission Timeline Uncertain
King Charles Affirms Canadian Sovereignty Amid U.S. Statehood Pressure
Iranian Revolutionary Guard Founder Warns Against Trusting Regime in Nuclear Talks
UAE Offers Free ChatGPT Plus Subscriptions to Citizens
Lebanon Initiates Plan to Disarm Palestinian Factions
Iran and U.S. Make Limited Progress in Nuclear Talks
The Daily Debate: The Fall of the Dollar — Strategic Reset or Economic Self-Destruction?
Trump Administration's Tariff Policies and Dollar Strategy Spark Global Economic Debate
OpenAI Acquires Jony Ive’s Startup for $6.5 Billion to Build a Revolutionary “Third Core Device”
Turkey Weighs Citizens in Public as Erdoğan Launches National Slimming Campaign
Saudi-Spanish Business Forum Commences in Riyadh
Saudi Arabia and Spain Sign MoU to Boost SME Sectors
UK Suspends Trade Talks with Israel Amid Gaza Offensive
Iran and U.S. Set for Fifth Round of Nuclear Talks Amid Rising Tensions
Russia Expands Military Presence Near Finland Amid Rising Tensions
Indian Scholar Arrested in Crackdown Over Pakistan Conflict Commentary
Israel Eases Gaza Blockade Amid Internal Dispute Over Military Strategy
President Biden’s announcement of advanced prostate cancer sparked public sympathy—but behind closed doors, Democrats are in panic
A Chinese company made solar tiles that look way nicer than regular panels!
Indian jet shootdown: the all-robot legion behind China’s PL-15E missiles
The Chinese Dragon: The True Winner in the India-Pakistan Clash
Australia's Venomous Creatures Contribute to Life-Saving Antivenom Programme
The Spanish Were Right: Long Working Hours Harm Brain Function
Did Former FBI Director Call for Violence Against Trump? Instagram Post Sparks Uproar
US and UAE Partner to Develop Massive AI Data Center Complex
Apple's $95 Million Siri Settlement: Eligible Users Have Until July 2 to File Claims
US and UAE Reach Preliminary Agreement on Nvidia AI Chip Imports
President Trump and Elon Musk Welcomed by Emir of Qatar Sheikh Tamim with Cybertruck Convoy
Strong Warning Issued: Do Not Use General Chatbots for Medical, Legal, or Educational Guidance
Saudi Arabia Emerges as Global Tech Magnet with U.S. Backing and Trump’s Visit
This was President's departure from Saudi Arabia. The Crown Prince personally escorted him back to the airport.
NVIDIA and Saudi Arabia Launch Strategic Partnership to Establish AI Centers
Trump Meets Syrian President Ahmad al-Shara in Historic Encounter
Trump takes a blow torch to the neocons and interventionists while speaking to the Saudis
US and Saudi Arabia Sign Landmark Agreements Across Multiple Sectors
Why Saudi Arabia Rolled Out a Purple Carpet for Donald Trump Instead of Red
Elon Musk Joins Trump Meeting in Saudi Arabia
Trump says it would be 'stupid' not to accept gift of Qatari plane
Quantum Computing Threatens Bitcoin Security
×