2020 import and export turnover similar to last year’s figure

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The export turnover throughout the first half of December reached roughly USD12.3 billion, in which four groups of goods had a turnover of USD1 billion or more, including phones and accessories, computers, electronic products and components, garments and textiles, along with machinery and equipment.

Most notably, the turnover of computers, in addition to electronic products and components, hit over USD2 billion, thereby exceeding phones and components at only USD1.9 billion.

In relation to imports, the first half of the month witnessed the nation earns a turnover of approximately USD13.2 billion. Of the figure, three groups of goods reached a figure of USD1 billion or more, including phones and accessories, computers, electronic products and components, in addition to machinery and equipment.

Imported computers, along with electronic products and components, hit a turnover figure of USD60.6 billion.

Accumulated since the beginning of the year to December 15, the nation’s total export turnover reached a sum of USD267 billion, whilst total import turnover stood at USD248 billion.

Throughout the reviewed period, the country ran a trade deficit of close to USD1 billion, however, since the beginning of the year the nation has been able to set a record surplus of roughly USD19 billion./.


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