MENA’s Export Engine Remains Concentrated in Minerals & Fuels, But Diversification Is Emerging
MENA exported nearly USD 1.3 trillion in 2025, with hydrocarbon-heavy exporters coexisting with increasingly diversified economies
MENA exported nearly USD 1.3 trillion in 2025, with hydrocarbon-heavy exporters coexisting with increasingly diversified economies
The region's import mix is increasingly manufacturing-led, while its export structure remains concentrated in energy and resources.
Strong export performance, sustained import growth and diversified demand across the GCC have raised the region’s strategic importance.
Saudi Arabia’s economy has roughly doubled over the past decade, yet oil exports still dominate trade.
Exports have stagnated over the past decade, while imports have risen steadily, reinforcing MENA’s demand-led growth story.
Export growth is now concentrated in fast-industrialising Asia, infrastructure-heavy Middle Eastern economies and new manufacturing hubs in Eastern Europe.
ANDAMAN PARTNERS Co-Founders Kobus van der Wath and Rachel Wu will attend the Future Minerals Forum (FMF) in Riyadh, Saudi Arabia.
Oil still dominates Saudi Arabia’s exports, but the country now exports a rapidly growing array of non-oil products.
The Kingdom of Saudi Arabia's economy is undergoing government reform to diversify from a dependency on oil revenue, with vast investment devoted to developing a range of new industries.
ANDAMAN PARTNERS Co-Founders Kobus van der Wath and Rachel Wu will attend the Future Minerals Forum 2025 (FMF) in Riyadh, Saudi Arabia on January 15 to 16, 2025.