Saudi Gazette report
RIYADH — Saudi Arabia’s non-oil exports, together with re-exports, rose by 6 p.c year-on-year in Could 2025 to succeed in SR31 billion ($8.2 billion), based on knowledge launched by the Basic Authority for Statistics on Thursday.
Nonetheless, nationwide non-oil exports (excluding re-exports) declined by 1.8 p.c, whereas re-exports surged by 20.5 p.c in comparison with Could 2024.
General merchandise exports dropped by 14 p.c as a consequence of a 21.8 p.c plunge in oil exports. In consequence, the share of oil exports in complete exports fell from 72.1 p.c in Could 2024 to 65.6 p.c in Could 2025.
Imports, then again, elevated by 7.8 p.c, resulting in a 68.4 p.c year-on-year decline within the commerce steadiness surplus.
The ratio of non-oil exports (together with re-exports) to imports dropped barely to 38.5 p.c, down from 39.1 p.c a 12 months earlier, as imports grew quicker than non-oil exports.
Electrical equipment, home equipment, and elements had been the highest non-oil exports, accounting for 23.7 p.c of the full and almost doubling from the earlier 12 months with a 99.8 p.c improve. Chemical merchandise adopted, comprising 22.8 p.c and rising marginally by 0.4 p.c.
On the import aspect, electrical equipment and elements additionally topped the listing, making up 29.7 p.c of all imports and rising 23 p.c year-on-year. Transport gear and elements got here subsequent, representing 11.4 p.c of imports however declining by 9.2 p.c.
China remained Saudi Arabia’s largest export vacation spot, receiving 14 p.c of complete exports, adopted by the UAE (11.2 p.c) and India (8.9 p.c). Different key markets included South Korea, Japan, the U.S., Egypt, Bahrain, Malta, and Malaysia, which collectively accounted for 64.4 p.c of complete exports.
China was additionally the Kingdom’s prime import supply at 28.9 p.c, trailed by the U.S. (7.5 p.c) and the UAE (6.3 p.c). India, Japan, Germany, Italy, Switzerland, Egypt, and France rounded out the highest 10, contributing a mixed 67.6 p.c of imports.
King Abdulaziz Port in Dammam dealt with the biggest share of incoming items, accounting for 26.4 p.c of imports. It was adopted by Jeddah Islamic Port (21.6 p.c), King Khalid Worldwide Airport in Riyadh (13.8 p.c), King Abdulaziz Worldwide Airport in Jeddah (10.9 p.c), and King Fahd Worldwide Airport in Dammam (5.3 p.c). Collectively, these 5 ports managed 78.1 p.c of complete merchandise imports.