沙特8月非石油出口同比增长5.5%

Core Insights - Saudi Arabia's non-oil exports increased by 5.5% year-on-year in August, reaching 29.28 billion riyals (7.81 billion USD), supported by a significant rise in re-export trade despite a decline in local production shipments [1][2] Non-Oil Export Performance - The main products in non-oil exports were machinery, electrical equipment, and parts, accounting for 25.4% of total exports, with a remarkable growth of 79.8% year-on-year [1] - Chemical products ranked second, comprising 22.7% of non-oil exports, but saw a decline of 7.4% compared to the previous year [1] - Re-export value grew by 32.9%, while non-oil exports excluding re-exports fell by 6.7% [1] Economic Diversification Efforts - Saudi Arabia aims to reduce its reliance on oil revenues and diversify its economy as part of its Vision 2030 agenda [1][2] - The Purchasing Managers' Index (PMI) rose to 57.8 in August, the highest level since March, indicating strong economic activity [1] Trade Partners and Destinations - The UAE was the largest destination for Saudi non-oil exports in August, with an export value of 9.87 billion riyals, followed by India (3.7 billion riyals) and China (1.96 billion riyals) [2] - In terms of total exports, Asia remained the largest market, with an export value of 72.43 billion riyals [4] Import Trends - Saudi Arabia's imports grew by 7.4% year-on-year in August, totaling 74.85 billion riyals, contributing to a trade surplus increase of 4.1% [5] - The leading import products included machinery and electrical equipment (22.3 billion riyals), transport parts (10.59 billion riyals), and chemical products (6.61 billion riyals) [6] Key Ports and Airports - The Jeddah Islamic Port handled the highest non-oil export volume in August, valued at 3.4 billion riyals, followed by King Fahd Industrial Port (3.21 billion riyals) [2] - The King Abdulaziz International Airport processed outbound goods worth 5.19 billion riyals, leading among airports [3]