Saudi Arabia’s exports of chemical industry and related products jumped 14% year-on-year (YoY) to nearly SAR 7.63 billion in December 2024.
Compared to November 2024, the chemical exports saw an increase of 16%, or SAR 1.04 billion. 
The exports of chemical industry and related products made up 26% of December’s SAR 29.5 billion non-oil exports,as shown in the following table:
Exports of chemical industry and related products (SAR mln)
Month
2024 Exports
2023 Exports
Change
Chemical Products/ 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
6906.0
(2%)
27%
November
6565.4
6593.3
0.4%
24%
December
6706.6
7630.4
14%
26%
The US topped the list of chemical product importers from Saudi Arabia with nearly SAR 1.14 billion, accounting for 14.9% of the total exports of chemical products in December. China followed with 14.6%,as shown in the table below:
Top Saudi Importers in December (SAR mln)
Country
Value
% of Total
US
1139.4
14.9%
China
1117.4
14.6%
India
903.4
11.8%
Belgium
537.2
7.0%
UAE
426.8
5.6%
Bangladesh
278.4
3.6%
Australia
264.0
3.5%
Egypt
247.6
3.2%
Indonesia
217.5
2.8%
Spain
214.5
2.8%
Other
2 284.2
29.9%
Total
7 630.4
100.0%
Saudi Arabia’s imports of chemical industry and related products reached SAR 6.69 billion in December, rising 38% YoY.
Chemical imports accounted for 8% of the total imports of SAR 79 billion,as shown in the following table:
Imports of Chemical Industry Related Products (SAR mln)*
Month
2023 Imports
2024 Imports
Change
Chemical Products/ 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
6382.8
8%
9%
December
4834.7
6687.4
38%
8%
Saudi Arabia’s exports of chemical industry and related products jumped 14% year-on-year (YoY) to nearly SAR 7.63 billion in December 2024.
Compared to November 2024, the chemical exports saw an increase of 16%, or SAR 1.04 billion.
The exports of chemical industry and related products made up 26% of December’s SAR 29.5 billion non-oil exports,as shown in the following table:
Exports of chemical industry and related products (SAR mln)
Month
2024 Exports
2023 Exports
Change
Chemical Products/ 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
6906.0
(2%)
27%
November
6565.4
6593.3
0.4%
24%
December
6706.6
7630.4
14%
26%
The US topped the list of chemical product importers from Saudi Arabia with nearly SAR 1.14 billion, accounting for 14.9% of the total exports of chemical products in December. China followed with 14.6%,as shown in the table below:
Top Saudi Importers in December (SAR mln)
Country
Value
% of Total
US
1139.4
14.9%
China
1117.4
14.6%
India
903.4
11.8%
Belgium
537.2
7.0%
UAE
426.8
5.6%
Bangladesh
278.4
3.6%
Australia
264.0
3.5%
Egypt
247.6
3.2%
Indonesia
217.5
2.8%
Spain
214.5
2.8%
Other
2 284.2
29.9%
Total
7 630.4
100.0%
Saudi Arabia’s imports of chemical industry and related products reached SAR 6.69 billion in December, rising 38% YoY.
Chemical imports accounted for 8% of the total imports of SAR 79 billion,as shown in the following table:
Imports of Chemical Industry Related Products (SAR mln)*
Month
2023 Imports
2024 Imports
Change
Chemical Products/ 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
6382.8
8%
9%
December
4834.7
6687.4
38%
8%
