Saudi Arabia’s non-oil exports recorded a sharp increase in October, rising by thirty-two point three per cent compared with the same month last year, underscoring accelerating progress in the Kingdom’s economic diversification drive.

The latest trade figures point to broad-based growth across manufactured goods and re-exports, reinforcing the momentum behind expanding non-hydrocarbon revenue streams.

The surge was led by higher exports of petrochemicals, plastics, rubber products and other industrial goods, alongside a notable rise in re-exports through Saudi ports and logistics hubs.

Analysts say the performance reflects sustained investment in downstream manufacturing, improved trade facilitation and the strengthening of supply chains that connect Saudi producers to global markets.

By contrast, oil exports declined on an annual basis during the same period, increasing the relative contribution of non-oil goods to total exports.

The shift highlights the effectiveness of policies aimed at broadening the economic base and insulating trade performance from fluctuations in energy markets.

Officials have repeatedly identified non-oil export growth as a key indicator of success under Vision two zero three zero, which prioritises industrial development, logistics, mining and advanced manufacturing.

The October results add to a series of recent data releases showing resilience and expansion in non-energy sectors, even as global economic conditions remain uneven.

Policymakers say continued support for exporters, investment in infrastructure and deeper trade partnerships will remain central to sustaining this trajectory, positioning non-oil trade as an increasingly important pillar of Saudi Arabia’s long-term economic strategy.