‎Saudi chemical exports fall 39% to SAR 4.56B in March

‎Saudi chemical exports fall 39% to SAR 4.56B in March ‎Saudi chemical exports fall 39% to SAR 4.56B in March

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Chemicals and related products made up 20% of Saudi Arabia’s non-oil exports in March: GASTAT

Saudi Arabia’s exports of chemical products and related industries dropped 39% year-on-year (YoY) to nearly SAR 4.56 billion in March 2026.

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The value of chemical products exports hit its lowest level since 2020, mainly due to the geopolitical crisis stemming from the US-Iran war, which led to the closure of the Strait of Hormuz.

On a monthly basis, exports retreated by SAR 2.39 billion, or 34%, compared with February, according to data from the General Authority for Statistics (GASTAT).

Chemicals and related products made up 20% of the Kingdom’s non-oil exports, which totaled SAR 22.7 billion during the month.

India was the largest importer of Saudi chemicals, receiving nearly SAR 988 million worth, or 22% of total chemical exports. It was followed by China with 9%.

Top Importers of Saudi Arabia’s Chemical Products in March 2026 (SAR mln)

Country

Value

% to Total

India

988.0

21.7%

China

420.3

9.2%

United Arab Emirates

388.2

8.5%

Thailand

350.2

7.7%

Netherlands

226.0

5.0%

Brazil

187.6

4.1%

Argentina

175.2

3.8%

Oman

151.5

3.3%

Australia

151.2

3.3%

Bahrain

142.0

3.1%

Other countries

1,377.8

30.2%

Total

4,558.0

100.0%

Meanwhile, Saudi Arabia’s imports of chemical products and related industries reached SAR 5.7 billion in March, down 19% YoY.

Imports of chemical and industry-related products during March accounted for 10% of the total imports, amounting to SAR 57.8 billion.

Imports of Chemicals Related Products (SAR mln)*

Month

2025

2026

Change (%)

% of Total

January

6,249.4

6,451.9

+3%

8%

February

6,400.9

6,019.2

(6%)

8%

March

7,043.9

5,739.2

(19%)

10%

April

7,224.8

May

7,697.8

June

6,049.6

July

7,054.1

August

6,684.3

September

6,709.5

October

6,681.0

November

6,564.4

December

6,269.9

*Data is periodically updated.

 

Chemicals and related products made up 20% of Saudi Arabia’s non-oil exports in March: GASTAT

Saudi Arabia’s exports of chemical products and related industries dropped 39% year-on-year (YoY) to nearly SAR 4.56 billion in March 2026.

The value of chemical products exports hit its lowest level since 2020, mainly due to the geopolitical crisis stemming from the US-Iran war, which led to the closure of the Strait of Hormuz.

On a monthly basis, exports retreated by SAR 2.39 billion, or 34%, compared with February, according to data from the General Authority for Statistics (GASTAT).

Chemicals and related products made up 20% of the Kingdom’s non-oil exports, which totaled SAR 22.7 billion during the month.

India was the largest importer of Saudi chemicals, receiving nearly SAR 988 million worth, or 22% of total chemical exports. It was followed by China with 9%.

Top Importers of Saudi Arabia’s Chemical Products in March 2026 (SAR mln)

Country

Value

% to Total

India

988.0

21.7%

China

420.3

9.2%

United Arab Emirates

388.2

8.5%

Thailand

350.2

7.7%

Netherlands

226.0

5.0%

Brazil

187.6

4.1%

Argentina

175.2

3.8%

Oman

151.5

3.3%

Australia

151.2

3.3%

Bahrain

142.0

3.1%

Other countries

1,377.8

30.2%

Total

4,558.0

100.0%

Meanwhile, Saudi Arabia’s imports of chemical products and related industries reached SAR 5.7 billion in March, down 19% YoY.

Imports of chemical and industry-related products during March accounted for 10% of the total imports, amounting to SAR 57.8 billion.

Imports of Chemicals Related Products (SAR mln)*

Month

2025

2026

Change (%)

% of Total

January

6,249.4

6,451.9

+3%

8%

February

6,400.9

6,019.2

(6%)

8%

March

7,043.9

5,739.2

(19%)

10%

April

7,224.8

May

7,697.8

June

6,049.6

July

7,054.1

August

6,684.3

September

6,709.5

October

6,681.0

November

6,564.4

December

6,269.9

*Data is periodically updated.

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