Saudi Arabia recorded a significant increase in non-oil exports during June 2025, according to the General Authority for Statistics (GASTAT). Non-oil exports, including re-exports, climbed by 22.1 per cent compared to June 2024. National non-oil exports grew by 8.4 per cent, while re-exports surged 60.2 per cent.
Despite a 2.5 per cent drop in petroleum exports, overall commodity exports rose 3.7 per cent year-on-year. The share of petroleum exports fell to 70.2 per cent of total exports, down from 74.7 per cent last year. The trade surplus also improved by 10.6 per cent. Chemical products dominated non-oil exports, while machinery and electrical equipment remained the leading import category. China continued as the Kingdom’s top trading partner.
Quarterly Performance Shows Consistent Growth
In the second quarter of 2025, non-oil exports rose by 17.8 per cent compared with Q2 2024. National non-oil exports increased by 5.6 per cent, and re-exported goods grew by 46.2 per cent.
However, total commodity exports fell 7.3 per cent due to a 15.8 per cent decline in petroleum exports. This reduced the share of oil exports to 67.9 per cent.
Trade Dynamics and Key Sectors
The trade surplus for the quarter declined by 56.2 per cent year-on-year, though the ratio of non-oil exports to imports improved to 37.3 per cent. As in June, chemical products were the leading non-oil export, and machinery and electrical equipment topped the imports list. China maintained its position as the Kingdom’s primary trading partner.
