Saudi Arabia's crude oil exports increase to US$14 billion in March

Foreign news agency news on May 26, official data released on Wednesday showed that Saudi Arabia's March crude oil exports increased by 75% year-on-year to 52.
3 billion riyals (13.
95 billion US dollars)
.


According to the Statistics Bureau, non-oil exports increased by 42.
9% to 22.
4 billion riyals
.


Crude oil exports account for 70% of total exports
.


Saudi Arabia, the world’s largest oil exporter, was hit last year as the epidemic hit energy demand, which affected the country’s income
.


However, as oil prices rebounded, oil exports began to increase at the end of last year, reaching 53 billion riyals in January
.


According to official Saudi data, China was still Saudi Arabia's main trading partner in March, exporting 14.
3 billion riyals to China and importing 9.
4 billion riyals
.


  Saudi Arabia’s total exports in March were 74.
7 billion riyals
.


  Saudi Arabia’s imports from Turkey in March increased only slightly from the previous month, from 24.
5 million rials to 27 million rials, which was far lower than the value of imports after Saudi Arabia’s informal blockade last year
.