Record Growth in Saudi Non-Oil Exports

Saudi non-oil exports reached a record high of 15% growth in 2025, reflecting successful economic diversification efforts.

Record Growth in Saudi Non-Oil Exports
Record Growth in Saudi Non-Oil Exports

In 2025, Saudi non-oil exports achieved a historic performance, reaching a value of 624 billion riyals with an annual growth rate of 15%. The contribution of these exports to the Kingdom's total exports rose to 44%, compared to 39% in the previous year, showcasing the success of the Kingdom's economic diversification efforts.

This performance is part of a continuous upward trajectory, with non-oil export values increasing from 325 billion riyals in 2021 to 468 billion riyals in 2022, then 477 billion riyals in 2023, and 543 billion riyals in 2024, culminating in 624 billion riyals in 2025. The share of non-oil exports rose from 0% to 44% during this period, reflecting the accelerating pace of economic diversification.

Performance Breakdown by Sector

The performance was distributed across three main sectors that drove this increase. Non-oil goods exports reached 225 billion riyals in 2025, compared to 217 billion riyals in 2024, representing an annual growth of 4%. This increase was supported by non-petrochemical goods exports, which recorded a historic level of 78 billion riyals, up by 12% from the previous year.

The value of non-petrochemical goods exports rose from 58 billion riyals in 2021 to 78 billion riyals in 2025, and their share of total non-oil goods increased from 25% to 35% during the same period.

Background & Context

In terms of sectors, food and agricultural goods exports saw a significant increase, rising from 15 billion riyals in 2021 to 24 billion riyals in 2025. Additionally, exports of machinery, mechanical equipment, and electrical devices jumped from 4.3 billion riyals to 7.5 billion riyals during the same period. Fertilizer exports also increased from 6.9 million tons to 10.8 million tons.

Service exports continued their positive performance, reaching 260 billion riyals in 2025, compared to 235 billion riyals in 2024, with an annual growth rate of 11%, marking their highest annual value.

Impact & Consequences

This growth extends a continuous upward trend that began at 48 billion riyals in 2021, passing through 152 billion riyals in 2022 and 205 billion riyals in 2023, and reaching 235 billion riyals in 2024. The travel and transport sectors together accounted for 77% of total service exports in 2025, with growth rates of 4% and 30% respectively.

The re-export sector recorded accelerated growth, reaching a value of 139 billion riyals in 2025, compared to 91 billion riyals in 2024, achieving annual growth that surpassed 100 billion riyals for the first time.

Regional Significance

This integrated performance across the three main sectors underscores the Saudi economy's ability to achieve balanced and sustainable growth, driven by infrastructure development, expansion of trade partnerships, and enhancement of the competitiveness of national products and services in global markets. This growth serves as a model for other Arab countries seeking to diversify their economies and reduce dependence on oil.

In conclusion, this positive performance reflects the Kingdom's commitment to strengthening its national economy and expanding its export base, contributing to the achievement of the goals of Vision 2030.

What are the main sectors contributing to export growth?
Non-petrochemical goods, food products, and services.
How does this growth impact the Saudi economy?
It enhances economic stability and reduces dependence on oil.
What are the future goals for the Saudi economy?
To achieve Vision 2030 goals and further diversify the economy.

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