Saudi Arabia’s non-oil exports, including re-exports, rose 32.3 per cent year on year in October to reach 33.88 billion riyals ($9.03bn), according to official data, reports Arab News.
Preliminary figures released by the General Authority for Statistics (GASTAT) showed that national non-oil exports, excluding re-exports, increased by 2.4pc in October compared to the same period a year earlier.
The rise in non-oil exports underscores progress under Saudi Arabia’s Vision 2030 programme, which aims to diversify the economy by reducing reliance on crude oil revenues.
In its latest report, GASTAT stated: “The ratio of non-oil exports (including re-exports) to imports increased to 42.3pc in October 2025 from 33.4pc in October 2024. This was due to a 32.3pc increase in non-oil exports and a 4.3pc increase in imports during the same period.”
It added: “The value of re-exported goods increased by 130.7pc during the same period, driven by a 387.5pc increase in transportation equipment and parts, which represented 37.4pc of total re-exports.”
The report showed that machinery, electrical equipment, and parts led the non-oil export basket, accounting for 23.6pc of outbound shipments and recording an 82.5pc year-on-year increase.
Chemical products followed with a 19.4pc share of non-oil exports.
In October, Moody’s said in a report that Saudi Arabia is on course to sustain annual non-oil sector growth of between 4.5pc and 5.5pc over the next five to 10 years as its Vision 2030 diversification programme gathers pace.
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