Saudi meat exports to Iraq increased by 96%, and electrical exports decreased
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Baghdad today - Baghdad
Today , Sunday, the Iraq Future Foundation revealed that Saudi meat exports to Iraq increased by 96% during February of this year, in contrast to a decline in electrical exports by more than 70%.
And the Foundation stated in a report seen by "Baghdad Today", that " the Kingdom of Saudi Arabia's non- oil exports to Iraq for the month of February 2023 rose by 6.79% on an annual basis and by 1% on a monthly basis , to reach a value of 277.9 million Saudi riyals . "
And she explained , " 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 Saudi aluminum exports , which represent 35% of total exports , increased by 18% on an annual basis and by 73% on a monthly basis ." . _
And she indicated , " As for Saudi exports of food and beverage products , which represent 27% of total exports , they increased by 44% on an annual basis and by 19% on a monthly basis . "
And it showed that "the most declining commodities were electrical equipment and electronic devices , which represent 2.7% of total exports , as they fell by 70% on an annual basis and fell by 71% on a monthly basis . "
Goods made of plastics , which accounted for 8.45 % of total exports , declined by 10% on an annual basis and by 16% on a monthly basis , according to the report .
It also explained that " the products of the chemical industries , which accounted for 6.79% of total exports , declined by 42% on an annual basis and 31% on a monthly basis . "
The Foundation notes that " the total non- oil Saudi exports to Iraq represent 1.4 % of the total Saudi exports to various parts of the world , and Iraq ranked 19th among the importing countries from the Kingdom of Saudi Arabia . "
And it indicated that, "thereby , 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 about 580 million Saudi riyals for the same period of the previous year . "
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