Saudi Arabia has been one of the largest exporter and importer in the world, in terms of merchandize trade. The petroleum sector exports accounted for roughly 75% of export earnings and 24% of GDP in 2015. Despite the slump in the oil industry, Saudi Arabia continued to maintain its production levels above 10 million barrels per day (Mbpd) in 2015. As a result of government investments, the non-oil sector witnessed a growth of 4.85% in 2014.