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Industry Minister Inaugurates Saudi Food Show 2023

In his opening remarks, Alkhorayef said that food security is one of the major pillars of the Kingdom's Vision 2030. SPA
In his opening remarks, Alkhorayef said that food security is one of the major pillars of the Kingdom's Vision 2030. SPA
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Industry Minister Inaugurates Saudi Food Show 2023

In his opening remarks, Alkhorayef said that food security is one of the major pillars of the Kingdom's Vision 2030. SPA
In his opening remarks, Alkhorayef said that food security is one of the major pillars of the Kingdom's Vision 2030. SPA

The Minister of Industry and Mineral Resources Bandar Alkhorayef inaugurated the first edition of the "Saudi Food Show 2023" at the Riyadh International Convention and Exhibition Center with the participation of exhibitors from 100 countries.

In his opening remarks, Alkhorayef said that food security is one of the major pillars of the Kingdom's Vision 2030, pointing out that the food industry is one of the sectors targeted in the National Industrial Strategy.

He added that the ministry is working with its partners in the agricultural sector to create more investment opportunities in the food sector and to meet the desires of the Saudi consumer.

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GASTAT: Saudi Non-oil Exports Increased by 19.7% in November 2024

GASTAT: Saudi Non-oil Exports Increased by 19.7% in November 2024
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GASTAT: Saudi Non-oil Exports Increased by 19.7% in November 2024

GASTAT: Saudi Non-oil Exports Increased by 19.7% in November 2024

Saudi Arabia’s General Authority for Statistics (GASTAT) released the international trade publication for November 2024, revealing a 19.7% increase in non-oil exports compared to November 2023.
The publication also highlighted an 82.9% rise in the value of re-exported goods during the same period, while merchandise exports decreased by 4.7% and imports grew by 13.9%, SPA reported.
It also showed that chemical products are among the most significant non-oil exports, accounting for 24.0% of the total, a 1.6% decrease compared to November 2023.
Plastics, rubber, and their products, which represented 21.7% of total non-oil exports, recorded a 4.0% increase compared to November 2023.
Machinery, electrical equipment and their parts accounted for 28.1% of total imports, showing a 22.4% increase compared to November 2023. Transportation equipment and their parts, representing 14.2% of total imports, also saw a 22.0% increase compared to November 2023.
The publication revealed that total exports reached SAR90.5 billion, total imports totaled SAR73.7 billion, and the trade balance stood at SAR16.8 billion.