20 Hrs
Source:
البلاد
Saudi non-oil exports fall 17.2% in July
The data shows that Saudi exports declined by 17.2% in July 2026 compared to the same month of the previous year, with non-oil exports decreasing by 26.2% and national non-oil exports dropping by 14.8%. Despite this, the proportion of petroleum exports from the total exports increased to 71% in July 2026, up from 67.4% in July 2025. Imports also fell by 15.4%, and the trade surplus decreased by 25%. These challenges come amid declining prices of certain commodities and an increased reliance on oil exports, reflecting pressure on the Saudi economy.
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