By: Economy Middle east

Saudi Arabia’s non-oil exports achieved a historic performance in 2025, rising to SAR624 billion ($166.36 billion) from SAR543 billion ($144.77 billion) in 2024 and recording a 15 percent annual growth, while their share of total exports increased from 39 percent to 44 percent, the highest in history, ranking the Kingdom first among G20 countries in growth rate according to the latest global data.

This performance reflects an upward trajectory over recent years, as non-oil exports rose from SAR325 billion in 2021 to SAR468 billion in 2022, SAR477 billion in 2023, SAR543 billion in 2024, and SAR624 billion in 2025.

Their contribution increased from 30 percent to 44 percent over the same period, underscoring the accelerating pace of national economic diversification.

Re-exports surpass SAR100 billion mark for the first time

Saudi Arabia’s re-export sector also recorded accelerated growth in 2025, reaching SAR139 billion compared to SAR91 billion in 2024, achieving annual growth of 53 percent and surpassing the SAR100 billion threshold for the first time. This performance continues an upward trajectory since 2021, when re-exports stood at SAR46 billion.

This integrated performance affirms the Saudi economy’s ability to achieve balanced and sustainable growth, driven by infrastructure development, expanding trade partnerships and enhancing the competitiveness of national products and services in global markets.

In the fourth quarter of 2025,  Saudi Arabia’s non-oil exports, including re-exports, increased by 18.6 percent compared to the fourth quarter of 2024, while non-oil national exports decreased by 1.5 percent and re-exported goods rose by 67.4 percent.

Total merchandise exports also increased by 7.9 percent and oil exports by 3.5 percent, while the share of oil exports out of total exports declined from 70.4 percent to 67.5 percent.

According to the General Authority for Statistics (GASTAT), imports in the fourth quarter of 2025 recorded an increase of 4.7 percent compared to the same period of the previous year, and the trade balance surplus recorded a growth of 26.3 percent.

Saudi Arabia maintains growth in 2026

This growth trajectory continued into 2026, with non-oil exports, including re-exports, increasing by 22.1 percent year-on-year in January. Conversely, non-oil national exports, excluding re-exports, decreased by 9.9 percent, while the value of re-exported goods surged by 95.5 percent during the same period.

The value of non-oil exports, excluding re-exports, amounted to approximately SAR16.74 billion, whereas the value of re-exports reached approximately SAR15.83 billion this past January.

Overall merchandise exports in January 2026 grew by 1.4 percent to approximately SAR98.718 billion ($26.3 billion) compared to January 2025. During this timeframe, oil exports contracted by 6.4 percent, totaling SAR66.146 billion.