Nonoil exports in Saudi Arabia rose sharply in the first quarter of the year. The General Authority for Statistics (GASTAT) revealed a 13.4% increase in overall non-oil exports. This strong growth reflects expanding trade momentum and sector diversification.
To begin with, national nonoil exports in Saudi Arabia, excluding re-exports, grew by 9% compared to last year. This increase highlights a steady shift away from oil dependency. It also signals stronger performance from domestic manufacturers and exporters.
Additionally, chemical products played a key role in the growth of non-oil exports in Saudi Arabia. These goods made up 23.8% of total outbound shipments. Their dominance shows the Kingdom’s strength in the chemicals industry and its global competitiveness.
Moreover, re-exports surged by 33.7%, boosting total non-oil trade. Electronics, machinery, and transportation equipment drove the re-export rise. This also reflects Saudi Arabia’s strategic location as a trade hub between East and West.
On the import side, GASTAT reported a 12.4% increase in goods entering the country. This rise shows stronger domestic demand and economic activity. Key imports included machinery, food, and transport vehicles.
China remained the largest trading partner for Saudi Arabia. It accounted for the biggest share of both imports and exports. Trade with the United Arab Emirates and India also saw solid growth. These links confirm Saudi Arabia’s growing regional and international trade ties.
Notably, Saudi Arabia’s Vision 2030 continues to push non-oil sector growth. As a result, authorities are investing heavily in logistics, manufacturing, and technology. These efforts aim to support export capabilities and reduce reliance on crude oil revenues.
Experts expect non-oil exports in Saudi Arabia to keep rising. Favorable trade agreements and infrastructure projects are helping exporters access more markets. In addition, digital trade platforms are making cross-border business easier and more efficient.
The government is also encouraging private sector involvement in export development. Financial support, training programs, and market access tools are all part of these initiatives. These strategies will help Saudi businesses grow and compete globally.
In summary, non-oil exports in Saudi Arabia are rising steadily. This growth is driven by strong manufacturing, strategic policies, and expanding international ties. As Vision 2030 moves forward, trade diversification is gaining momentum.
