Significant Rise in Saudi Non-Oil Exports

Significant Rise in Saudi Non-Oil Exports

🔝 In an exciting economic shift, Saudi Arabia has seen an increase in the share of re-exports in its non-oil exports, reaching 22.3% during the first nine months of 2023.

Significant Rise in Saudi Non-Oil Exports

🔅 This substantial growth, compared to 15.9% in the previous year, reflects the country’s ongoing efforts to diversify its economy beyond sole reliance on oil.

🔅 The impressive figure: Non-oil exports reached SAR 205.5 billion in just nine months!

🔅 These numbers are not just statistics, but a testament to the significant progress towards achieving Vision 2030, aimed at enhancing the economy and diversifying income sources.

🇸🇦 Over time, the Saudi economy is showing its ability to adapt and grow across various sectors.

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