Saudi Arabia's Non-Oil Exports Surge 22.1% in June 2025

Strategic Insights -

Saudi Arabia's non-oil exports, including re-exports, showed a significant increase of 22.1 percent in June 2025 compared to the same period in 2024. National non-oil exports (excluding re-exports) also rose by 8.4 percent, while re-exports jumped 46.2 percent. The value of re-exported goods saw a substantial increase of 60.2 percent, boosting the trade surplus by 10.6 percent year-on-year. The chemical industry dominated non-oil exports at 24.5 percent, followed by machinery, electrical equipment, and parts at 23.3 percent. China remained Saudi Arabia's main trade partner, accounting for 15.5 percent of total exports and 27.9 percent of total imports in June 2025.

Key Takeaways:

  • Non-oil exports, including re-exports, surged 22.1 percent in June 2025 compared to June 2024, reaching a notable increase.
  • National non-oil exports (excluding re-exports) rose by 8.4 percent during the same period.
  • Re-exports jumped 46.2 percent, with the value of re-exported goods increasing by 60.2 percent.
  • The trade surplus grew by 10.6 percent year-on-year, a notable improvement.
  • Chemical industry products dominated non-oil exports at 24.5 percent, followed by machinery, electrical equipment, and parts at 23.3 percent.
  • China remained Saudi Arabia's main trade partner, accounting for 15.5 percent of total exports and 27.9 percent of total imports in June 2025.
  • Total merchandise exports fell 7.3 percent in Q2 2025 compared to Q2 2024 due to a substantial drop in oil exports, lowering oil's share to 67.9 percent from 74.7 percent.
  • Imports rose 13.1 percent year-on-year in Q2 2025, while the trade surplus declined by 56.2 percent.
  • The non-oil exports to imports ratio improved to 37.3 percent in Q2 2025 from 35.8 percent in the same period of 2024.

Statistics:

  • Non-oil exports, including re-exports: 22.1 percent increase in June 2025 compared to June 2024.
  • National non-oil exports (excluding re-exports): 8.4 percent increase in June 2025.
  • Re-exports: 46.2 percent jump in June 2025.
  • Value of re-exported goods: 60.2 percent increase in June 2025.
  • Trade surplus: 10.6 percent growth year-on-year in June 2025.
  • Oil exports: 2.5 percent decline in June 2025.
  • Oil's share of total exports: 70.2 percent in June 2025 (down from 74.7 percent in June 2024).
  • Non-oil exports to imports ratio: 39.2 percent in June 2025 (up from 32.7 percent).

Sources:

  • Saudi General Authority for Statistics (GASTAT) - International Trade Bulletin for Q2 2025.