Search Site

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Emirates half-year profit $2.5bn

The record profit is subject to new 9% corporate tax for the first time.

Total value of Saudi Arabia’s export of dates reaches US$389m in 2023

Measures like participating in local and international exhibitions, organizing business missions helped in the export of Saudi Arabian dates. (SPA)
  • By the end of 2023, the number of countries importing Saudi Arabian dates had reached 119.
  • The total value of date and date-byproduct exports increased by 152.5 percent since 2016.

RIYADH, SAUDI ARABIA – According to data released by the National Center for Palms and Dates (NCPD), the value of Saudi Arabia’s date exports increased by 14 percent in 2023, reaching US$389 million (SAR1.462 Billion), compared to US$341 million (SAR1.280 billion) in 2022.

By the end of 2023, the number of countries importing Saudi dates had reached 119.

The total value of date and date-byproduct exports increased by 152.5 percent since 2016, from US$154 million (SAR579 million) in 2016 to US$389 million (SAR1.462 Billion), in 2023, a compound annual growth rate (CAGR) of 12.3 percent.

NCPD Chief Executive Dr. Mohammed Alnuwairan credits the success to collaborative efforts among the leadership, date producers, exporters and public-sector agencies.

The efforts involved participating in local and international exhibitions, organizing business missions, facilitating export procedures and working in partnership with the private sector under a unified strategy aiming to support date exports.

Alnuwairan highlighted promising advancements in the quality and production of processed date products, alongside local and international marketing initiatives, to further solidify the position of Saudi dates in global markets.

Exports to China saw a remarkable 121 percent surge in 2023 compared to 2022, while France experienced a 16 percent increase.

Singapore and Korea also recorded significant growth in date imports from Saudi Arabia, with increases of 86 percent and 24 percent, respectively.

According to Alnuwairan, NCPD, in collaboration with the private sector, has set ambitious goals that aim to make Saudi dates the preferred choice for global consumers through various initiatives.

These include expanding national exports of dates and date byproducts, enhancing agricultural and industrial practices for improved quality, providing essential marketing services and industry information and empowering the date sector through various support measures.