Significant Rise in Saudi Non-Oil Exports

Significant Rise in Saudi Non-Oil Exports

๐Ÿ” 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

๐Ÿ”… 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.

๐Ÿ”… The impressive figure: Non-oil exports reached SAR 205.5 billion in just nine months!

๐Ÿ”… 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.

๐Ÿ‡ธ๐Ÿ‡ฆ Over time, the Saudi economy is showing its ability to adapt and grow across various sectors.

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