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Non-Oil Exports Surge 24.6% in Saudi Arabia Despite Decline in Overall Trade Surplus

The non-oil exports surge 24.6% in Saudi Arabia reflects the country’s growing push to diversify its economy. According to new data, non-oil exports—including re-exports—reached SR28.4 billion in April 2025.

However, total merchandise exports dropped to SR90.3 billion, a 10.9% decrease from April 2024. This decline stems mostly from reduced oil revenues. In fact, oil’s share of total exports fell to 68.6%, down from 77.5% last year.

At the same time, imports rose sharply. They increased by 18.3%, totaling SR76.1 billion during the same month. Because of this, Saudi Arabia’s trade surplus dropped 61.7% compared to April 2024. It now stands at SR14.2 billion.

Still, the non-oil exports surge 24.6% in Saudi Arabia improved the export-to-import ratio significantly during April 2025. Non-oil exports covered 37.2% of total imports, reflecting an increase from 35.4% during the same month last year. This improvement highlights growing competitiveness in Saudi Arabia’s non-oil sectors.

Chemical products played a leading role in this growth, contributing SR6 billion to non-oil export revenues. These products accounted for 26.4% of all non-oil exports during the month. The chemical sector continues to serve as a pillar of industrial diversification.

Meanwhile, the top import category was machinery and electrical equipment. These imports reached SR21.1 billion, making up 26% of total imports. Their rise reflects national investment in infrastructure and technology.

China remained Saudi Arabia’s largest trading partner. Exports to China reached SR11.4 billion, while imports hit SR19 billion. That accounted for 25% of all Saudi imports in April 2025.

The non-oil exports surge 24.6% in Saudi Arabia confirms the strength of key industrial sectors. It also proves the value of diversifying national income sources. As Vision 2030 continues, trade trends may shift even further toward sustainable growth.

Policymakers are monitoring these developments closely. Their upcoming strategies will likely support non-oil exporters, improve trade logistics, and protect long-term economic stability. The focus remains on maintaining strong export growth while addressing the widening import gap.

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