The General Authority for Statistics (GASTAT) released today, Wednesday, April 30, 2025, International Trade Statistics Bulletin for 2024, which showed a rise in <span style="color: #800000; (including re-exports) amounted to 13.1% compared to 2023, while total merchandise exports recorded a decrease of 4.5% year-on-year, while imports increased by 12.5% in 2024.
According to the bulletin, non-oil exports decreased by 4.5% year-on-year, while imports increased by 12.5% in 2024.
According to the bulletin, the ratio of non-petroleum exports (including re-exports) to imports increased to 35.3% in 2024, compared to 35.1% in 2023, while the proportion of petroleum exports in total exports decreased from 77.3% in 2023 to 73.1% in 2024.
According to the bulletin's results, the proportion of petroleum exports in total exports decreased from 77.3% in 2023 to 73.1% in 2024. According to the bulletin, "chemical industry products" topped the list of non-petroleum exports, accounting for 25.5% of total exports, while "machinery, appliances, electrical equipment and parts thereof" topped the list of imports with 25.3>%.
The bulletin indicated that the share of petroleum exports in total exports decreased from 77.3% in 2023 to 73.1% in 2024. The results of the bulletin showed that the People's Republic of China remains the Kingdom's main trading partner in merchandise trade, accounting for 15.2% of total Saudi exports in 2024, while imports from China amounted to 23.9% of total imports in the same year.
The results of the bulletin showed that the People's Republic of China remains the Kingdom's main trading partner in merchandise trade, accounting for 15.2% of total Saudi exports in 2024.
