Saudi non-oil exports, including re-exports, rose 15.1 percent year on year in February 2026, the General Authority for Statistics reported on April 23. The increase was driven by a 28.5 percent rise in re-exports and 6.3 percent growth in national non-oil exports with machinery and electrical equipment up 59.9 percent and comprising 53.9 percent of re-exports, GASTAT data showed.
The General Authority for Statistics placed the value at 31.03 billion Saudi riyals for non-oil exports including re-exports with national non-oil exports at 17.29 billion riyals and re-exports at 13.74 billion riyals. Merchandise exports increased 4.7 percent in total while oil exports rose 0.6 percent but their share of overall exports dropped from 71.5 percent to 68.7 percent. Imports grew 6.6 percent leading to a 1 percent decline in the trade surplus according to the authority’s bulletin.
GASTAT listed China as the largest export partner at 13.7 percent of the total with the United Arab Emirates and Japan next in line. The Asian nation also represented 29.8 percent of imports followed by the same two countries. The top 10 trading partners accounted for 67.7 percent of exports and 71.2 percent of imports the statistics authority reported.
These monthly results contribute to the record 622.87 billion riyals in non-oil exports achieved across 2025 which marked a 15 percent rise from the previous year according to the Saudi Vision 2030 Annual Report. The report further indicated that the non-oil economy made up about 55 percent of gross domestic product and expanded 4.9 percent during the year. The Saudi Export-Import Bank supported this with 116 billion riyals in credit facilities for exporters in 2025 the document stated.
Under Vision 2030 the target is to raise the share of non-oil exports within non-oil GDP to 50 percent by 2030 from roughly 24 percent in recent assessments Vision 2030 tracking data shows. The program’s annual report highlighted ongoing initiatives including the Public Investment Fund’s new 2026 to 2030 strategy to accelerate diversification. Such policies have helped non-oil exports nearly double over the past four years multiple official releases have noted.
Data from the General Authority for Statistics for March 2026 however showed a 27 percent decline in non-oil exports to 13.51 billion riyals from the February figure mainly on reduced chemical product shipments. The authority attributed the drop to lower shipments in that category which formed 20.1 percent of the total. Monthly bulletins from GASTAT continue to provide detailed breakdowns that inform economic policy and track diversification under the national vision.
