According to official figures, Saudi Arabia exported non-oil commodities worth SR2.23 billion ($594 million) in May, a 19.25% increase from the same month the previous year.

China ranked third among countries to receive Saudi Arabia’s non-oil exports in May, after the United Arab Emirates and China, with shipments totaling SR6.06 billion and SR3.62 billion, respectively, according to the General Authority for Statistics.

Saudi Arabia is slowly pursuing its economic diversification path by lowering its dependence on oil, therefore strengthening the non-oil private sector and exporting those commodities to nations like China is vital.

China ranked as Saudi Arabia’s top export destination overall, according to the study, with the Kingdom shipping SR15.91 billion worth of goods abroad.

Saudi Arabia’s principal export to South Korea in May was oil, worth SR13.68 billion.

The most recent statistics shows that Saudi Arabia sold chemical items to China for SR851.8 million, followed by plastics and rubber products worth SR876.9 million.

In May, the Kingdom shipped SR103.7 million worth of base materials out of the country, while it also exported mineral products worth SR313.4 million to China.

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