Saudi Arabia’s non-oil trade surplus with GCC nations soars 203 per cent to $937m in April 2025

Saudi Arabia’s non-oil trade surplus with Gulf Cooperation Council (GCC) international locations surged by a formidable 203.2 per cent year-on-year in April 2025, reaching SR2bn ($533m), up from SR1.16bn ($310m) in the identical month of 2024, in response to preliminary knowledge launched by the Basic Authority for Statistics (GASTAT).

The whole non-oil commerce quantity, which incorporates re-exports, between the Kingdom and its GCC neighbours rose to SR18.03bn ($4.81bn), marking a 41.3 per cent annual improve in comparison with SR12.76bn ($3.41bn) in April 2024.

Saudi non-oil commerce with GCC

Key figures from April 2025:

• Non-oil commodity exports (together with re-exports): SR10.77bn ($2.87bn), up 55 per cent from SR6.96bn ($1.85bn)
• Nationwide non-oil exports: SR3.03bn ($807 million), up 13.3 per cent from SR2.68bn ($714 million)
• Re-exports: SR7.74bn ($2.06bn), up 81 per cent from SR4.28bn ($1.14bn)
• Imports from GCC international locations: SR7.26bn ($1.94bn), up 25.2 per cent from SR5.80bn ($1.53bn)

The strong performance in re-exports played a major role in lifting the overall surplus and reflects Saudi Arabia’s growing role as a regional trade hub.

GCC commerce companions ranked by quantity

1. UAE: SR13.53bn ($3.61bn), accounting for 75.1 per cent of whole non-oil commerce
2. Bahrain: SR1.80bn ($481 million), 10 per cent share
3. Oman: SR1.45bn ($388 million), 8.1 per cent share
4. Kuwait: SR819.9 million ($219 million), 4.5 per cent share
5. Qatar: SR422.1 million ($113 million), 2.3 per cent share

The April 2025 knowledge underscores Saudi Arabia’s profitable diversification technique below Imaginative and prescient 2030, with sturdy development in non-oil commerce reinforcing its financial resilience and strengthening regional ties inside the GCC.