|21 October, 2019

Saudi Arabia’s trade surplus with Japan hits $1.5bln in September

Saudi Arabia's exports to Japan recorded $1.94bln

Saudi Arabia's Crown Prince Mohammed bin Salman, left, and Japanese Prime Minister Shinzo Abe, right, shake hands during their meeting in Osaka, western Japan Sunday, June 30, 2019. Eugene Hoshiko/Pool via REUTERS

Saudi Arabia's Crown Prince Mohammed bin Salman, left, and Japanese Prime Minister Shinzo Abe, right, shake hands during their meeting in Osaka, western Japan Sunday, June 30, 2019. Eugene Hoshiko/Pool via REUTERS

REUTERS

Riyadh –  Saudi Arabia’s trade surplus with Japan has declined to $1.47 billion (SAR 5.51 billion) in September, compared to $2.12 billion (SAR 7.95 billion) in September 2018.

The kingdom’s exports to Japan recorded $1.94 billion (SAR 7.28 billion) last month, from $2.48 billion (SAR 9.32 billion) in September 2018, data released by the Japanese Ministry of Finance’s (MoF) showed on Monday.

As for Saudi imports from the world’s third-biggest economy, they registered $471.8 million (SAR 1.77 billion) by the end of September, against $356.12 million ($1.37 billion) in the same period a year ago.

Source: Mubasher

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