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Dubai, United Arab Emirates (CNN) – The General Authority in Saudi Arabia issued a report in which it collects the results of foreign trade in Saudi Arabia during the first quarter of 2021. The report mentioned an increase in merchandise exports in March 2021 by 64%, amounting to 74 billion riyals, compared to the same period of the month. March 2020. This comes as a result of an increase in petroleum exports by 22 billion riyals, by 75%. The percentage of petroleum exports out of the total exports increased by 65% in March 2020 to reach 70% in March 2021.
The value of Saudi exports to China reached 14 billion riyals in March 2021. China is the first partner for exports, followed by Japan with a value of 7.1 billion riyals, then India 6.1 billion riyals. China ranked first for imports with a value of 9.4 billion riyals during the month of March 2021, followed by the UAE with a value of 4.9 billion riyals, and then America with a value of 4.6 billion dollars.
Here is a look in the above infographic on the ranking of the five top countries for Saudi exports and imports in March 2021.
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