The bar chart compares the value of a country’s exports in five categories in 2015 and 2016, while the table illustrates the percentage change in export earnings over the same period.
Overall, petroleum products and engineered goods were the two largest export categories in both years. Most sectors experienced an increase in export earnings in 2016, whereas gems and jewellery was the only category to record a decline. Textiles showed the most significant growth.
In detail, petroleum products remained the country’s leading export, increasing slightly from about $60 billion in 2015 to around $62 billion in 2016, representing a 3% rise. Similarly, the value of engineered goods climbed from approximately $58 billion to $62 billion, an increase of 8.5%, making it almost equal to petroleum products in 2016.
By contrast, gems and jewellery experienced a fall in export value, dropping from roughly $43 billion to $41 billion, a decrease of 5.18%. Agricultural products remained relatively stable, rising only marginally from around $31 billion to just over $31 billion, reflecting a modest increase of 0.81%.
Finally, textiles recorded the fastest growth among all categories. Export earnings rose from approximately $26 billion in 2015 to about $30 billion in 2016, corresponding to a substantial increase of 15.24%, although it still generated less revenue than petroleum products and engineered goods.