The trade balance in the kingdom of Saudi Arabia achieved a surplus of 27,831 billion riyals in November 2023, according to the preliminary data of International Trade issued by the newly issued General Authority for Statistics, bringing the volume of international trade of the kingdom to 162,128 billion riyals.

Commodity exports amounted to 94,980 billion riyals of the total trade volume, while commodity imports amounted to 67,148 billion riyals, and national non-petroleum exports recorded a value of about 17,755 billion riyals in November 2023, accounting for 18.7% of total exports.

Petroleum exports also recorded a value of about 72.391 billion riyals, accounting for 76.2% of total exports, while the re-export value amounted to about 4.833 billion riyals, accounting for 5.1% of total exports.

On a related note, the group of Asian countries other than Arab and Islamic countries topped the groups of their Exporting Countries in November, accounting for 56.3% of the kingdom's total commodity exports worth 53.433 billion riyals, and the group of GCC countries ranked second as the most exporting group of countries with 11.3% of total commodity exports, with a value of 10.769 billion riyals, and came third, the group of European Union countries with 10.9% of total commodity exports with a value of 10.320 billion riyals.

In addition to the list of exports by countries, China ranked first as the largest exporting countries, accounting for 17% of the kingdom's total commodity exports, worth 16,103 billion riyals in November 2023, while Japan ranked second with 10,453 billion riyals, representing 11% of total commodity exports, and India came as the third Exporting Countries with a value of 10,292 billion riyals, representing 10.8% of total commodity exports.

Non-petroleum exports, including re-exports, passed through 30 different customs ports (sea, land, and air), and their initial value reached SR 22,588 billion, and King Fahd industrial port in Jubail achieved the highest value among all available means of transport and various ports, with a value of SR 3,429 billion, by 15.2%. Out of the total.