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Thursday, Jun 26, 2025

Saudi Arabia's Non-Oil Exports Surge 24.6% in April 2025

Saudi Arabia's Non-Oil Exports Surge 24.6% in April 2025

Merchandise exports total SR90.3 billion, a 10.9 percent decrease from April 2024.
Riyadh — Saudi Arabia's merchandise exports amounted to SR90.3 billion in April this year, marking a 10.9 percent decrease compared to April 2024.

Non-oil exports, including re-exports, recorded an increase of 24.6 percent, reaching SR28.4 billion, according to the International Trade Statistics Bulletin for April 2025, released on Wednesday by the General Authority for Statistics (GASTAT).

The same period saw imports reach SR76.1 billion, representing an 18.3 percent increase from last year.

However, the trade surplus declined sharply by 61.7 percent, dropping to SR14.2 billion compared to April 2024, as indicated in the GASTAT report.

The bulletin highlighted a rise in the ratio of non-oil exports, including re-exports to imports, reaching 37.2 percent in April 2025, up from 35.4 percent in April 2024.

Correspondingly, the share of oil exports in total exports decreased from 77.5 percent in April 2024 to 68.6 percent in April 2025.

Chemical industry products topped non-oil export goods at SR6 billion, accounting for 26.4 percent of total non-oil exports.

The largest category of imported goods was 'machinery, electrical equipment, and their parts,' which totaled SR21.1 billion and represented 26 percent of total imports.

China maintained its position as the Kingdom's top trading partner, with exports to China totaling SR11.4 billion — accounting for 12.6 percent of total exports in April 2025 — while imports from China reached SR19 billion, representing 25 percent of total imports for the same month.

The International Trade Statistics are based on administrative records from the Zakat, Tax and Customs Authority for non-oil data and the Ministry of Energy for oil data, where the Kingdom's exports and imports are classified according to the 2022 Harmonized Commodity Description and Coding System.
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