Saudi Arabia reported a significant 5.5 percent increase in its non-oil exports for August, which reached 24.2 billion riyals. According to the Saudi Authority for Statistics, this figure includes re-exported goods.
The growth was largely driven by two key sectors: machinery and electrical equipment, which constituted 25.4 percent of the total, and chemicals, which accounted for 22.7 percent. In a parallel positive trend, the kingdom's oil exports also rose by 7 percent during the same period, indicating broad-based strength in its trade economy.
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