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Saudi Arabia's total oil exports fell 65.
4 percent in April compared to a year earlier, or about $12 billion
, according to official Saudi data.
Total exports of non-oil products, including chemicals and plastics, fell 23.
5 percent, or about $3 billion
, compared to March, the Saudi Statistics Directorate said.
Against the backdrop of falling demand and oil prices, official data earlier this month showed that the total value of Saudi Arabia's oil exports in the first quarter fell 21.
9% year-on-year to $40 billion, equivalent to a decline of about $11 billion
.
The International Monetary Fund said this week that the economy of Saudi Arabia, the world's largest oil exporter, could shrink by 6.
8 percent
this year.
Saudi Arabia's total oil exports fell 65.
4 percent in April compared to a year earlier, or about $12 billion
, according to official Saudi data.
Total exports of non-oil products, including chemicals and plastics, fell 23.
5 percent, or about $3 billion
, compared to March, the Saudi Statistics Directorate said.
Against the backdrop of falling demand and oil prices, official data earlier this month showed that the total value of Saudi Arabia's oil exports in the first quarter fell 21.
9% year-on-year to $40 billion, equivalent to a decline of about $11 billion
.
The International Monetary Fund said this week that the economy of Saudi Arabia, the world's largest oil exporter, could shrink by 6.
8 percent
this year.
