Saudi Arabia’s exports of chemical industry and related products rose by 4% year-on-year (YoY) to nearly SAR 6.57 billion in September.
Compared to August 2024, the chemical exports decreased by SAR 591.7 million, or 8%.
The exports of chemical industry and related products represented 25% of September’s SAR 26 billion non-oil exports,as shown in the following table:
Exports of Chemical Industry Related Products (SAR mln)*
Month
2023
2024
Change (%)
Chemical products to total non-oil exports (%)
January
7035.2
5479.7
(22%)
23%
February
6933.6
5510.5
(21%)
24%
March
7512.2
6754.7
(10%)
29%
April
6673.1
5824.6
(13%)
26%
May
7340.2
6885.9
(6%)
24%
June
5762.8
6188.8
7%
27%
July
6457.6
6541.7
1%
26%
August
6479.1
7164.0
11%
26%
September
6295.2
6572.3
4%
25%
October
6963.4
—
—
—
November
6680.4
—
—
—
December
8564.6
—
—
—
India topped the list of chemical product importers from Saudi Arabia with nearly SAR 1.21 billion, accounting for 18% of the total exports of chemical products in September. China followed with 12%, as shown in the table below:
Major Importers from Saudi Arabia in September (SAR mln)
Country
Value
Percentage to total chemical products exports
India
1210.5
18.4%
China
794.3
12.1%
Belgium
475.8
7.2%
Singapore
390.6
5.9%
US
385.8
5.9%
UAE
375.8
5.7%
Pakistan
238.7
3.6%
Spain
230.3
3.5%
Turkey
214.8
3.3%
Brazil
169.4
2.6%
Other countries
2086.3
31.7%
Total
6572.3
100.0%
Saudi Arabia’s imports of chemical industry and related products reached SAR 7.21 billion in September, rising 38% YoY.
Chemical imports accounted for 10% of the total imports of SAR 69.9 billion,as shown in the following table:
Imports of Chemical Industry Related Products (SAR mln)*
Month
2023
2024
Change (%)
Chemical products to total non-oil imports (%)
January
6,040.3
6,176.6
2%
9%
February
5,706.2
5,834.8
2%
9%
March
6,571.4
6,663.7
1%
10%
April
5,408.4
6,029.9
11%
10%
May
7,271.8
6,918.0
(5%)
10%
June
5,590.6
5,807.3
4%
10%
July
6,474.3
7,594.5
17%
10%
August
6,122.7
6466.8
6%
9%
September
5,280.5
7213.0
38%
10%
October
6,114.4
—
—
—
November
5,889.4
—
—
—
December
4,822.9
—
—
—
Saudi Arabia’s exports of chemical industry and related products rose by 4% year-on-year (YoY) to nearly SAR 6.57 billion in September.
Compared to August 2024, the chemical exports decreased by SAR 591.7 million, or 8%.
The exports of chemical industry and related products represented 25% of September’s SAR 26 billion non-oil exports,as shown in the following table:
Exports of Chemical Industry Related Products (SAR mln)*
Month
2023
2024
Change (%)
Chemical products to total non-oil exports (%)
January
7035.2
5479.7
(22%)
23%
February
6933.6
5510.5
(21%)
24%
March
7512.2
6754.7
(10%)
29%
April
6673.1
5824.6
(13%)
26%
May
7340.2
6885.9
(6%)
24%
June
5762.8
6188.8
7%
27%
July
6457.6
6541.7
1%
26%
August
6479.1
7164.0
11%
26%
September
6295.2
6572.3
4%
25%
October
6963.4
—
—
—
November
6680.4
—
—
—
December
8564.6
—
—
—
India topped the list of chemical product importers from Saudi Arabia with nearly SAR 1.21 billion, accounting for 18% of the total exports of chemical products in September. China followed with 12%, as shown in the table below:
Major Importers from Saudi Arabia in September (SAR mln)
Country
Value
Percentage to total chemical products exports
India
1210.5
18.4%
China
794.3
12.1%
Belgium
475.8
7.2%
Singapore
390.6
5.9%
US
385.8
5.9%
UAE
375.8
5.7%
Pakistan
238.7
3.6%
Spain
230.3
3.5%
Turkey
214.8
3.3%
Brazil
169.4
2.6%
Other countries
2086.3
31.7%
Total
6572.3
100.0%
Saudi Arabia’s imports of chemical industry and related products reached SAR 7.21 billion in September, rising 38% YoY.
Chemical imports accounted for 10% of the total imports of SAR 69.9 billion,as shown in the following table:
Imports of Chemical Industry Related Products (SAR mln)*
Month
2023
2024
Change (%)
Chemical products to total non-oil imports (%)
January
6,040.3
6,176.6
2%
9%
February
5,706.2
5,834.8
2%
9%
March
6,571.4
6,663.7
1%
10%
April
5,408.4
6,029.9
11%
10%
May
7,271.8
6,918.0
(5%)
10%
June
5,590.6
5,807.3
4%
10%
July
6,474.3
7,594.5
17%
10%
August
6,122.7
6466.8
6%
9%
September
5,280.5
7213.0
38%
10%
October
6,114.4
—
—
—
November
5,889.4
—
—
—
December
4,822.9
—
—
—
