Protect State-Owned Industrial Lands: Kuwait Cancels Over 50 Plots in Crackdown

Kuwait's Public Authority for Industry has taken...

Police Shooting Championship 2025 Highlights Excellence

The 2025 police shooting championship took place...

Iraq’s Digital Work Revolution Shapes the Economy

Iraq is experiencing a profound shift in...
HomeBusinessNon-Oil Exports Surge...

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.

Continue reading

UAE Declares September 5 Public Holiday for Prophet Muhammad’s Birthday (PBUH)

UAE public holiday September 5 will mark the birthday of Prophet Muhammad (PBUH), giving employees a three-day weekend. The decision creates both opportunities and challenges for businesses, especially in consumer-driven sectors. The UAE Cabinet confirmed the holiday for all public...

Al Wahaibi Claims Second WAGR Victory in Oman

Al Wahaibi WAGR victory brought pride to Omani golf as Ahmed Al Wahaibi secured his second World Amateur Golf Ranking title on home soil. The Omani National Team player achieved the milestone at Ghala Golf Club in Muscat, building...

UAE Unveils 50:50 Vision to Drive Women’s Advancement for the Next 50 Years

The UAE launched the 50:50 Vision for women’s advancement to shape the next 50 years of empowerment. Leaders announced the strategy on Emirati Women’s Day 2025, which also marks the 50th anniversary of the General Women’s Union (GWU). The initiative...