Saudi non-oil exports climb 15% in February to $8.27bn: GASTAT

24/04/2026 02:49 AST

Saudi Arabia's non-oil exports, including re-exports, reached SR31.03 billion ($8.27 billion) in February, marking a 15.1 percent increase compared to the same month in 2025, official data showed.

Preliminary figures released by the General Authority for Statistics showed that the UAE remained the top destination for the Kingdom's non-oil products, with exports to the Emirates amounting to SR9.81 billion.

India was the second-largest non-oil trade partner, importing goods worth SR2.25 billion, followed by China at SR2.17 billion, and Turkiye at SR1.13 billion.

The rise in non-oil exports supports the goals of Vision 2030, which aims to diversify Saudi Arabia's economy and reduce its reliance on oil revenues.

In its latest report, GASTAT stated: "The value of re-exported goods increased by 28.5 percent during the same period, driven by a 59.9 percent increase in machinery, electrical equipment and parts, which represented 53.9 percent of total re-exports."

It added that merchandise exports increased by 4.7 percent in February compared to the same month in 2025, and oil exports increased by 0.6 percent.

"The percentage of oil exports out of total exports decreased from 71.5 percent in February 2025 to 68.7 percent in February 2026," said the report.

On the imports side, the data showed a 6.6 percent increase in imports, while the merchandise trade surplus decreased by 1 percent compared to February 2025.

China was the main destination for Saudi Arabia's merchandise exports, accounting for 13.7 percent of total exports in February, followed by the UAE at 12.1 percent and Japan at 9.3 percent.

China also ranked first as the Kingdom's merchandise source, accounting for 29.8 percent of total imports in February, followed by the UAE at 8 percent and the US at 7.4 percent.

Among seaports, King Abdulaziz Port in Dammam was the leading entry point for goods into the Kingdom, accounting for 24.6 percent of total imports. It was followed by Jeddah Islamic Seaport at 18.4 percent, and King Abdulaziz International Airport at 16.2 percent.

"For non-oil exports, King Abdulaziz International Airport was the primary outlet in February 2026, accounting for 18.9 percent of total non-oil exports," the report said.

It was followed by Jeddah Islamic Port at 12.8 percent, and King Fahad Industrial Seaport in Jubail at 10.6 percent.

Arab News