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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Non-oil... Saudi exports to Iraq are growing

    Rocky
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    • Post n°1

    Non-oil... Saudi exports to Iraq are growing Empty Non-oil... Saudi exports to Iraq are growing

    Post by Rocky Sun 16 Apr 2023, 11:46 am

    [size=35][size=35]Non-oil... Saudi exports to Iraq are growing[/size]
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    Economy

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    2023-04-16 | 12:43
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    The Kingdom of Saudi Arabia's (non-oil) exports to the Republic of Iraq increased for the month of February, amounting to 277.9 million Saudi riyals.


    The economic expert, Manar Al-Obeidi, said in a post on Facebook, followed by Alsumaria News, that "Saudi non-oil exports to Iraq for the month of February 2023 witnessed an increase of 6.79% on an annual basis, and by 1% on a monthly basis, to reach a value of 277.9 million. SR ".
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    And Al-Obeidi stated, “Saudi Arabia’s exports of animal products (meat and poultry) increased by 96% on an annual basis and by 19% on a monthly basis, while aluminum exports, which represent 35% of total exports, increased by 18% on an annual basis and by 73% on an annual basis.” monthly basis.

    Exports of food and beverage products, which represent 27% of total exports, rose - and al-Obaidi spoke - by 44% on an annual basis and by 19% on a monthly basis.

    The economist revealed the most declining commodities, which are: "electrical equipment and electronic devices, which represent 2.7% of total exports, as they declined by 70% on an annual basis and 71% on a monthly basis."

    He pointed out that "goods made of plastics, which represent 8.45% of total exports, declined by 10% on an annual basis and 16% on a monthly basis," noting that "the chemical industry products, which represent 6.79% of total exports, declined by 42%." on an annual basis and 31% on a monthly basis.

    According to Al-Obaidi, the total non-oil Saudi exports to Iraq represent 1.4% of the Kingdom's total exports to various parts of the world, noting that "Iraq ranked 19th among the countries importing from Saudi Arabia."

    And the economist concluded, "The total exports of the Kingdom of Saudi Arabia to Iraq in the first two months of the year 2023 amounted to 590 million Saudi riyals, after it was around 580 million Saudi riyals for the same period in the previous year 2022."[/size]
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