Saudi non-oil commodity exports value fell in June to a record of SR 15.38 billion compared to SR 19.5 billion for the same month last year, down SR 4.12 billion by 21.13%. In contrast, the value of the Kingdom's imports recorded during last June, were down by 9.92 percent to about SR 51.83 billion, a drop of SR 5.71 billion for the same month last year, which registered about SR 57.54 billion. The monthly report issued by the Department of Statistics and Information for the month of June 2015, explained that the Kingdom's non-oil export commodity value has increased by 1.1% compared to the previous month May 2015, in which it registered about SR 15.2 billion, as the value of the Kingdom's imports recorded an increase of 0.2% compared to the previous month in which they recorded about SR 51.7 billion. The Director General of Economic Statistics in the Department of Statistics and Information Fauzan bin Othman Al-Fawzan explained that the Kingdom's exports of goods ratio of non-petroleum imports commodity exports cover non-petroleum imports amounted to 29.67% in June 2015, compared to 33.89% for the same month last year, but this ratio was higher than the previous month (May 2015), which recorded a 29.40%. He said that 25.3% of imports during the month of June 2015 were capital goods and 38% of the goods were intermediates, noting that 63.3% of imports were capital goods and intermediates compared to 36.7% of the imports goods for final consumption. Al-Fawzan pointed out that the decline in the value of commodity exports of non-petroleum in the month of June 2015 compared to the same month of last year was the result of collective decline of the sections of the main exported goods, particularly transport and related parts, which fell by 33.63% to about one billion riyals, indicating that the chemical industry and related products fell to about SR 4.95 billion, compared to about SR 6.83 billion in June 2014 which fell SR 1.88 billion at rate of 27.5%. On the geographical distribution of exports of Saudi non-oil goods , the report pointed out that exports to the Group of Asian, Arab and Islamic States have recorded the highest decline by 30.5% to a record of 5 billion riyals in June 2015 as against about 7.19 billion riyals In June 2014. Exports to other Arab League countries also declined (except GCC States) by 23.6 percent to about SR 2.24 billion, and the GCC exports declined to the proportion f15.4 percent to record SR 3.65 billion The report indicated that imports from the European Group was the most decreased by 21.1%, as imports from the Asian non-Arab and Islamic countries fell by 5%, and imports from the Gulf Cooperation Council (GCC) have fallen by 4.8%. China, the United States of America, Germany, South Korea and Japan accounted for the largest five countries of importing from them in June 2015, where imports from these countries accounted for about 46.56% of the total imports, compared to 44.71% in June 2014.
