Saudi Arabia’s non-oil exports surge 32.3% in October: GASTAT

RIYADH: Saudi Arabia’s non-oil exports, including re-exports, rose 32.3 percent year on year in October to reach SR33.88 billion ($9.03 billion), according to official data. Preliminary figures released by the General Authority for Statistics showed that national non-oil exports, excluding re-exports, increased by 2.4 percent in October compared to the same period a year earlier. The rise in non-oil exports underscores progress under Saudi Arabia’s Vision 2030 program, 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 42.3 percent in October 2025 from 33.4 percent in October 2024. This was due to a 32.3 percent increase in non-oil exports and a 4.3 percent increase in imports during the same period.” It added: “The value of re-exported goods increased by 130.7 percent during the same period, driven by a 387.5 percent increase in transportation equipment and parts, which represented 37.4 percent of total re-exports.”