Financing for private sector exports (open) hits SAR 20.9 bln by the end of Q1

The monthly statistical bulletin issued by the Saudi Central Bank (SAMA) revealed that the total private sector exports financed by commercial banks (open) reached SAR 20.932 billion by the end of the first quarter of this year. According to the data, private sector exports financed by commercial banks (paid) reached SAR 15.558 billion by the end of the first quarter of 2025.

Private sector exports financed by commercial banks were distributed across three sectors: agriculture and animal production, chemicals and plastics, and other industrial products. Total exports in the agriculture and animal production sector (open) reached SAR 519 million by the end of the first quarter of 2025, compared to SAR 395 million by the end of the fourth quarter of 2024.

Total financing in the agriculture and animal production sector (paid) reached SAR 213 million by the end of 2025, compared to SAR 341 million by the end of the fourth quarter of 2024.

The bulletin stated that total private sector exports financed by commercial banks in the chemicals and plastics sector (open) reached SAR 3.621 billion by the end of the first quarter of 2025, compared to SAR 4.218 billion by the end of the fourth quarter. 2024.

Total financing in the chemicals and plastics sector (paid) reached SAR 2.273 billion by the end of 2025, compared to SAR 2.781 billion by the end of the fourth quarter of 2024.

It indicated that the total financing in the other industrial products sector (open) reached SAR 16.793 billion by the end of the first quarter of 2025, compared to SAR 21.281 billion by the end of the fourth quarter of 2024.

Total financing in the other industrial products sector (paid) reached SAR 13.072 billion by the end of the first quarter of 2025, compared to SAR 12.629 billion by the end of the fourth quarter of 2024.

It confirmed that private sector exports financed by commercial banks (paid) recorded an increase on an annual basis, reaching SAR 15.558 billion by the end of the first quarter of 2025, compared to SAR 13.689 billion by the end of the first quarter of 2024.

Private sector exports financed by commercial banks (open) amounted to SAR 20.932 billion by the end of the first quarter of 2025, compared to SAR 18.207 billion by the end of the first quarter of 2024.

It added that total exports in the agriculture and livestock sector (open) amounted to SAR 519 million by the end of the first quarter of 2025, compared to SAR 484 million by the end of the first quarter of 2024. Meanwhile, total financing in the agriculture and livestock sector (paid) amounted to SAR 213 million by the end of 2025, compared to SAR 140 million by the end of the first quarter of 2024.

It stated that total private sector exports financed by commercial banks in the chemicals and plastics sector (open) amounted to SAR 3.621 billion by the end of the first quarter of 2025, compared to SAR 4.567 billion by the end of the first quarter of 2024.

The ministry added that total financing in the chemicals and plastics sector (paid) amounted to SAR 3.621 billion by the end of the first quarter of 2025. SAR 2.273 billion by the end of 2025, compared to SAR 2.372 billion by the end of the first quarter of 2024.

The bulletin indicated that the total open financing in the Other Industrial Products sector reached SAR 16.793 billion by the end of the first quarter of 2025, compared to SAR 13.157 billion by the end of the first quarter of 2024.

Total financing in the Agriculture and Animal Production sector (paid) reached SAR 213 million by the end of 2025, compared to SAR 11.177 billion by the end of the first quarter of 2024.