Saudi Arabia’s strategic push under Vision 2030 has borne fruit in the first half of 2025, with non-oil exports hitting $81.84 billion, according to the Saudi Minister of Industry and Mineral Resources, Bandar Alkhorayef.
This marks the highest semiannual growth on record, showcasing the kingdom’s gradual shift from its traditional oil dependency.
Speaking at the Made in Saudi Expo 2025, Alkhorayef highlighted how Saudi Vision 2030 has empowered domestic industry by enhancing product quality and accessing global markets, facilitating the rise in non-oil exports.
The strategy underscores a broader goal to transform the economic landscape by maximising local industrial capacity.
In a discussion with Syrian Minister of Economy and Industry, Dr Mohammad Nidal Al-Shaar, Alkhorayef also addressed the potential for collaboration in industrial development between Saudi Arabia and Syria.
The dialogue emphasised the benefits Syria might draw from Saudi Arabia’s experiences in export development.
The engagement with Syria reflects broader aims within the region to bolster economic ties. Saudi non-oil exports to Syria reached 1.2 billion Saudi riyals in the first nine months of 2025.
Alkhorayef pointed out the potential of the industrial sector to become a pivotal factor in Syria’s economic revival, driven by the adeptness and craftsmanship flourishing within its investor community.
In a related economic development, Saudi Arabia’s international trade touched $144 billion in the third quarter of 2025, a year-on-year growth of 8.6 percent.
Commodity exports formed a significant portion of this trade, while non-oil exports stood at roughly 57 billion Saudi riyals, marking a slight annual drop but a quarterly rise.
This comprehensive performance underscores the kingdom’s commitment to diversifying its economy, a central plank of Vision 2030.
As Saudi Arabia continues to pursue this ambitious agenda, the growing figures in non-oil exports reflect both current achievements and future potential for sustainable economic transformation.
