Riyadh: The General Authority for Statistics (GASTAT) issued the International Trade in Goods bulletin for February 2026, which showed that non-oil exports, including re-exports, increased by 15.1% compared with February 2025. According to Saudi Press Agency, non-oil national exports, excluding re-exports, rose by 6.3%, while re-exported goods increased by 28.5%. This surge was driven by a 59.9% rise in exports of machinery, electrical equipment, and their parts, which accounted for 53.9% of total re-exports. The results indicated that total merchandise exports increased by 4.7%, and oil exports rose by 0.6%. However, the share of oil exports in total exports declined from 71.5% to 68.7% during the same period. On the imports side, there was a 6.6% increase, contributing to a 1% decline in the merchandise trade balance surplus compared with the corresponding month of the previous year. According to the bulletin, China ranked as the Kingdom's top trading partner in merchandise during February 2026, accounti ng for 13.7% of total exports and 29.8% of total imports. The United Arab Emirates followed with 12.1% of exports and 8% of imports, then Japan with 9.3% of total exports. Total exports to the top 10 countries accounted for about 67.7% of total exports, while imports from the top 10 countries represented 71.2% of total imports. The international merchandise trade statistics are based on administrative records received from relevant entities, including the Zakat, Tax and Customs Authority for non-oil data and the Ministry of Energy for oil data. These records undergo statistical processing and review to ensure data quality and accuracy before publication.
Saudia Cargo Backs Arab Sailing Championship as Official Logistics Partner
Jeddah: Saudia Cargo is serving as the official Logistics Partner for the 2026 Arab Sailing Championship for the Optimist class, being held for the first time in Jeddah from September 17 to 21 at the Jeddah Sailing Center.
According to Saudi Press A…