By: Economy Middle east

Data from the General Authority for Statistics in Saudi Arabia showed on Thursday that Saudi non-oil exports (including re-exports) climbed by 15.1 percent in February 2026 compared to February 2025, recording approximately SAR31.03 billion ($8.3 billion). 

Additionally, non-oil exports (excluding re-exports) rose by 6.3 percent to approximately SAR17.293 billion, while the value of re-exported goods surged by 28.5 percent to approximately SAR13.739 billion. This resulted from a growth in exports of machinery, appliances, electrical equipment, and parts thereof by 59.9 percent, representing 53.9 percent of total re-exports.

Total merchandise exports grew last February by 4.7 percent to approximately SAR99.078 billion, compared to approximately SAR94.615 billion. Oil exports also edged up by 0.6 percent to approximately SAR68.05 billion last February.

Oil share in exports falls

Imports expanded by 6.6 percent on an annual basis to approximately SAR76.13 billion last February. The trade surplus decreased by 1 percent last February to approximately SAR22.95 billion.

The share of oil exports out of total exports decreased from 71.5 percent in February 2025 to 68.7 percent in February 2026. Data from the Joint Organizations Data Initiative (JODI) had shown that Saudi crude oil exports advanced to 7.276 million barrels per day in February compared to 6.993 million barrels per day in January.

Saudi non-oil exports continued to achieve record figures and recorded a historical performance in 2025 reaching SAR624 billion compared to SAR543 billion in 2024, achieving annual growth of 15 percent. Their contribution to the Kingdom’s total exports bolstered to 44 percent compared to 39 percent in the previous year, which is the highest historical level.