Latest figures released by Saudi Arabia’s Central Department of Statistics show Saudi nonoil exports dropped by 14.5 percent, to $12.5 billion in the first quarter of 2015 compared to 1Q 2014.
Meanwhile, Saudi imports are up by 6.88% in the first quarter of this year, to $43 billion.
Plastic and rubber products topped the Kingdom’s list of exports, comprising 31% of all exports. Together, with chemical products, the two total over 50% of Saudi exports.
[See more figures on Saudi Arabia’s nonoil exports and imports]