Kingdom achieves surplus of SAR1005 billion last year
The reform initiatives announced in 2011 in order to accelerate the pace of progress towards addressing the social issues including employment, provision of housing, small projects and development programs, affected the overall economic performance in the Kingdom.
The total commodity exports in the Kingdom in 2012 reached SR 1485 billion, an increase of 9 per cent over the year 2011.
The value of non-petroleum commodity exports reached SR 183 billion, an increase of 4 per cent over 2011.
Merchandise imports in the year 2012 reached approximately SR 583473 million.
The trade balance for the current fiscal year achieved a surplus of SR 1005 billion, an increase of 10 per cent over last year (2012).
Saudi Press Agency 2013, Oct 13, 2013