Arab Press

بالشعب و للشعب
Monday, Aug 11, 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

Arab Press
0:00
0:00
Close
Armenia and Azerbaijan to Sign US-Brokered Framework Agreement for Nakhchivan Corridor
British Labour Government Utilizes Counter-Terrorism Tools for Social Media Monitoring Against Legitimate Critics
WhatsApp Deletes 6.8 Million Scam Accounts Amid Rising Global Fraud
Texas Residents Face Water Restrictions While AI Data Centers Consume Millions of Gallons
India Rejects U.S. Tariff Threat, Defends Russian Oil Purchases
United States Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile
Thousands of Private ChatGPT Conversations Accidentally Indexed by Google
China Tightens Mineral Controls, Curtailing Critical Inputs for Western Defence Contractors
JPMorgan and Coinbase Unveil Partnership to Let Chase Cardholders Buy Crypto Directly
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
WhatsApp Users Targeted in New Scam Involving Account Takeovers
Trump Deploys Nuclear Submarines After Threats from Former Russian President Medvedev
Germany’s Economic Breakdown and the Return of Militarization: From Industrial Collapse to a New Offensive Strategy
Germany Enters Fiscal Crisis as Cabinet Approves €174 Billion in New Debt
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
UN's Top Court Declares Environmental Protection a Legal Obligation Under International Law
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
Japanese Prime Minister Vows to Stay After Coalition Loses Upper House Majority
President Trump Diagnosed with Chronic Venous Insufficiency After Leg Swelling
Man Dies After Being Pulled Into MRI Machine Due to Metal Chain in New York Clinic
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
Iranian President Reportedly Injured During Israeli Strike on Secret Facility
Kurdistan Workers Party Takes Symbolic Step Towards Peace in Northern Iraq
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
AI Raises Alarms Over Long-Term Job Security
Russia Formally Recognizes Taliban Government in Afghanistan
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Mediators Edge Closer to Israel-Hamas Ceasefire Agreement
Germany Seeks Taliban Deal to Deport Afghan Migrants
Emirates Airline Expands Market Share with New $20 Million Campaign
Robots Compete in Football Tournament in China Amid Injuries
China Unveils Miniature Insect-Like Surveillance Drone
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Iran Executes Alleged Israeli Spies and Arrests Hundreds Amid Post-War Crackdown
Trump Asserts Readiness for Further Strikes on Iran Amid Nuclear Tensions
Qatar Airways Clears Backlog of Passengers Following Missile Threats
Iran's Parliament Votes to Suspend Cooperation with Nuclear Watchdog
Trump Announces Upcoming US-Iran Meeting Amid Controversial Airstrikes
Trump Moves to Reshape Middle East Following Israel-Iran Conflict
NATO Leaders Endorse Plan for Increased Defence Spending
U.S. Crude Oil Prices Drop Below $65 Amid Market Volatility
“You Have 12 Hours to Flee”: Israeli Threat Campaign Targets Surviving Iranian Officials
Oman Set to Introduce Personal Income Tax, First in Gulf
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
×