This increase originated mainly from oil exports, which rose by SR36.8 billion or 78.1% in the same period.

According to the International Trade Report for February 2022 released Sunday by the General Authority for Statistics (GASTAT), non-oil exports increased by 31.0% year-on-year in February 2022, rising to SR24.4 billion from SR18.7 billion in February 2021. Non-oil exports decreased compared to January 2022 by SR0.2 billion or 0.7%.

Saudi Arabia’s merchandise imports increased by 18.2% (SR7.4 billion) in February 2022. The value of imports amounted to SR48.3 billion in February 2022 compared to SR40.8 billion in February 2021.