Saudi non-oil exports rise to 115b riyals in 2008
Riyadh: Saudi Arabia's non-oil exports rose to 115 billion riyals (Dh112.6 billion) in 2008, a growth of 10 per cent over the previous year.
Non-oil transformation industries also grew by 5.4 per cent in 2008, according to a recently released Saudi Industrial Development Fund annual report.
There was an increase in the contribution of the industrial sector to non-oil exports.
At the same time, industrial manufacturers of oil products, which include the petrochemical and fertiliser industries, registered huge successes internationally.
The report sheds more light on indexes and shows the performance of Saudi Arabia's industrial sector. According to the report, chemical products top the list of industrial products exported by Saudi Arabia in 2007.
Chemical products comprised 52.8 per cent of exports, consumer goods 21.7 per cent, engineering products 15.8 per cent and building materials 10 per cent.
The performance index for the industrial sector showed a slight 2.7 per cent increase in exports of engineering products and 2.1 per cent in consumer goods.
At 37.6 per cent, the chemical industry topped the list of companies with the highest percentage of Saudi employees in the workforce.
It was followed by the engineering sector with 25.1 per cent and the building materials sector with 20.8 per cent, the report said.
The report noted a steady increase in the number of Saudis employed in all sectors.
Non-oil transformation industries also grew by 5.4 per cent in 2008, according to a recently released Saudi Industrial Development Fund annual report.
There was an increase in the contribution of the industrial sector to non-oil exports.
At the same time, industrial manufacturers of oil products, which include the petrochemical and fertiliser industries, registered huge successes internationally.
The report sheds more light on indexes and shows the performance of Saudi Arabia's industrial sector. According to the report, chemical products top the list of industrial products exported by Saudi Arabia in 2007.
Chemical products comprised 52.8 per cent of exports, consumer goods 21.7 per cent, engineering products 15.8 per cent and building materials 10 per cent.
The performance index for the industrial sector showed a slight 2.7 per cent increase in exports of engineering products and 2.1 per cent in consumer goods.
At 37.6 per cent, the chemical industry topped the list of companies with the highest percentage of Saudi employees in the workforce.
It was followed by the engineering sector with 25.1 per cent and the building materials sector with 20.8 per cent, the report said.
The report noted a steady increase in the number of Saudis employed in all sectors.
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