Saudi private sector exports financed by “open” financing increased by 15.8% during Q2

By: Mohamed Alabdullah

Private sector exports financed by “open” commercial banks increased by 15.8% during the second quarter of 2025 compared to the first quarter of 2025, reaching SAR 24.258 billion during the second quarter compared to SAR 20.932 billion during the first quarter. Private sector exports financed by “subsidized” commercial banks increased by 0.8% during the second quarter compared to the first quarter, reaching SAR 15.691 billion during the second quarter of 2025 compared to SAR 15.558 billion during the first quarter of 2025.

The monthly statistical bulletin issued by the Saudi Central Bank indicated that private sector exports financed by commercial banks are distributed across three sectors (agriculture and animal production, chemicals and plastics, and other industrial products). It added that the volume of private sector exports financed by commercial banks in the “open” agriculture and animal production sector amounted to SAR 180 million during the second quarter. Compared to 519 million riyals during the first quarter, the volume of private sector exports financed by commercial banks in the agriculture and livestock production sector (Musadded) amounted to 169 million riyals during the second quarter, compared to 213 million riyals during the first quarter. The bulletin stated that the volume of private sector exports financed by commercial banks in the “open” chemicals and plastics sector amounted to SAR 6.251 billion during the second quarter, compared to SAR 3.621 billion during the first quarter. The volume of private sector exports financed by commercial banks in the “paid” chemicals and plastics sector amounted to SAR 2.368 billion during the second quarter, compared to SAR 2.273 billion during the first quarter of 2025.

The bulletin confirmed that the volume of private sector exports financed by commercial banks in the “open” other industrial products sector amounted to SAR 17.827 billion during the second quarter, compared to SAR 16.793 billion during the first quarter. The volume of private sector exports financed by commercial banks in the “paid” other industrial products sector amounted to SAR 13.154 billion during the second quarter, compared to SAR 13.072 billion during the first quarter of 2025.

It indicated that private sector exports financed by commercial banks “paid” increased by 10%. 4.9% during the second quarter of 2025 compared to the same quarter of 2025, reaching 15.691 billion riyals during the second quarter of 2025 compared to 14.944 billion riyals during the second quarter of 2025, while private sector exports financed by “open” commercial banks declined by 9.7% during the second quarter of 2025 compared to the same period in 2025, reaching 24.258 billion riyals during the second quarter of 2025 compared to 26.887 billion riyals during the second quarter of 2024.