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Saudi Arabian export stats show mixed results in non-oil commerce

Saudi Arabia is working to diversify its economy, but figures from January show it remains dependent on foreign oil sales.
Saudi economy

Saudi Arabia released data Thursday on its exports for January 2022. 

The kingdom’s total exports in January amounted to $28.5 billion — a roughly 50% increase from the same month in 2021. The increase “originated mainly” from oil exports, which went up 57% on the year, the General Authority for Statistics said in a press release. 

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