Saudi non-oil exports rise by 10.7% in January

Commodity exports increased by 2.4% in January 2025 compared to January 2024. Non-oil exports (including re-exports) increased by 10.7% compared to January 2024. Imports increased by 8.3% in January 2025, while the trade surplus decreased by 11.9% compared to January 2024. The International Trade Statistics Bulletin for January 2025, issued today by the General Authority for Statistics, showed an increase in the ratio of non-oil exports (including re-exports) to imports in January 2025, reaching 36.5% compared to 35.7% in January 2024. The share of oil exports in total exports also decreased from 74.8% in January 2024 to 72.7% in January 2025.

The bulletin’s results indicated that “chemical industry products” were among the most important non-oil export commodities, accounting for 23.7% of total non-oil exports, while the largest imported commodities were “machinery, appliances, electrical equipment, and parts thereof,” which constituted 25.9% of total imports. The bulletin’s results showed that the People’s Republic of China is the Kingdom’s main partner in commodity trade, with exports to it accounting for 15.2% of total exports in January 2025, and imports from it accounting for 26.4% of total imports in January 2025.