The value of Saudi Arabia’s oil exports reached around SAR 53.2 billion during February 2017, rising 75 percent year-on-year (YoY), official data showed.
In February, oil exports dropped by around SAR 1.9 billion month-on-month (MoM).
According to the General Authority for Statistics, the kingdom’s oil exports for February 2017 amounted to 80.8 percent out of Saudi’s total exports reaching SAR 65.8 billion.
|
Saudi Oil Exports |
|||
|
Period |
Value (SAR mln) |
Y-o-Y Variance |
Oil exports/total exports |
|
January 2016 |
29,231 |
(30.1%) |
69.7 % |
|
February |
30,321 |
(35.6%) |
68.7 % |
|
March |
37,605 |
(33.1%) |
70.9 % |
|
April |
38,450 |
(32.9%) |
72.8 % |
|
May |
46,576 |
(23.8%) |
74.1 % |
|
June |
45,236 |
(16.5%) |
75.5 % |
|
July |
45,121 |
(14.1%) |
78.5 % |
|
August |
44,339 |
(2.1%) |
73.7 % |
|
September |
43,924 |
+7.2% |
77.0 % |
|
October |
51,510 |
+28.8% |
77.5% |
|
November |
46,217 |
+15.2% |
76.2 % |
|
December |
52,144 |
+41.6% |
77.7 % |
|
January 2017 |
55,109 |
+88.5% |
79.7% |
|
February |
53,164 |
+75.3% |
80.8% |

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