Kingdom imports surge 19.6 percent to SR56.5 billion

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https://s.yimg.com/bt/api/res/1.2/Nu0rXUPo2KRDevdjIV_dmQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_AE/News/Arab%20News/141499622869.jpg (https://en-maktoob.news.yahoo.com/kingdom-imports-surge-19-6-percent-sr56-5-063433078.html)*Saudi exports continued their consistent annualized growth in August after realizing SR18.5 billion in returns, a 22 percent surge over the same period last year. Monthly volatility **ticeably dampened this year, averaging at around SR18.2 billion a month. The contractual nature of most of the Kingdom's heavyweight exports limited the negative spillover effects from the waning global demand. Imports, on the other hand, recorded SR56.5 billion; a 19.6 percent Y/Y expansion, according to a report by the National Commercial Bank (NCB).




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