Saudi Arabia’s exports of chemical industry and related products fell by 4% year-on-year (YoY) to nearly SAR 6.8 billion in October.
Compared to September 2024, the chemical exports decreased by SAR 49.7 million, or 1%.
The exports of chemical industry and related products represented 27% of October’s SAR 25.4 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
6851.1
9%
25%
October
7063.6
6801.4
(4%)
27%
November
6680.4
—
—
—
December
8564.6
—
—
—
*Data is periodically updated
India topped the list of chemical product importers from Saudi Arabia with nearly SAR 1.3 billion, accounting for 20% 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 October (SAR mln)
Country
Value
Percentage to total chemical exports
India
1347.6
19.8%
China
826.3
12.1%
UAE
503.8
7.4%
US
451.9
6.6%
Singapore
436.9
6.4%
Belgium
413.4
6.1%
Oman
321.8
4.7%
Bangladesh
233.5
3.4%
Turkey
208.4
3.1%
Brazil
163.5
2.4%
Other countries
1894.4
27.9%
Total
6801.4
100.0%
Saudi Arabia’s imports of chemical industry and related products reached SAR 6.54 billion in October, rising 5% YoY.
Chemical imports accounted for 9% of the total imports of SAR 72 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
6040.3
6176.6
2%
9%
February
5706.2
5834.8
2%
9%
March
6571.4
6663.7
1%
10%
April
5408.4
6029.9
11%
10%
May
7271.8
6918.0
(5%)
10%
June
5590.6
5807.3
4%
10%
July
6474.3
7594.5
17%
10%
August
6122.7
6466.8
6%
9%
September
5223.5
7250.8
39%
10%
October
6210.2
6536.6
5%
9%
November
5889.4
—
—
—
December
4822.9
—
—
—
*Data is periodically updated
Saudi Arabia’s exports of chemical industry and related products fell by 4% year-on-year (YoY) to nearly SAR 6.8 billion in October.
Compared to September 2024, the chemical exports decreased by SAR 49.7 million, or 1%.
The exports of chemical industry and related products represented 27% of October’s SAR 25.4 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
6851.1
9%
25%
October
7063.6
6801.4
(4%)
27%
November
6680.4
—
—
—
December
8564.6
—
—
—
*Data is periodically updated
India topped the list of chemical product importers from Saudi Arabia with nearly SAR 1.3 billion, accounting for 20% 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 October (SAR mln)
Country
Value
Percentage to total chemical exports
India
1347.6
19.8%
China
826.3
12.1%
UAE
503.8
7.4%
US
451.9
6.6%
Singapore
436.9
6.4%
Belgium
413.4
6.1%
Oman
321.8
4.7%
Bangladesh
233.5
3.4%
Turkey
208.4
3.1%
Brazil
163.5
2.4%
Other countries
1894.4
27.9%
Total
6801.4
100.0%
Saudi Arabia’s imports of chemical industry and related products reached SAR 6.54 billion in October, rising 5% YoY.
Chemical imports accounted for 9% of the total imports of SAR 72 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
6040.3
6176.6
2%
9%
February
5706.2
5834.8
2%
9%
March
6571.4
6663.7
1%
10%
April
5408.4
6029.9
11%
10%
May
7271.8
6918.0
(5%)
10%
June
5590.6
5807.3
4%
10%
July
6474.3
7594.5
17%
10%
August
6122.7
6466.8
6%
9%
September
5223.5
7250.8
39%
10%
October
6210.2
6536.6
5%
9%
November
5889.4
—
—
—
December
4822.9
—
—
—
*Data is periodically updated
