Merchandise exports in May 2023 amounted to SAR 97.1 billion, compared to SAR 143.0 billion in May 2022, with a decrease of SAR 45.9 billion or 32.1%, according to GASTAT's report.  
The publication indicated that the value of oil exports in May 2023 recorded SAR 72.0 billion compared to SAR 115.5 billion in May 2022, with a decrease of SAR 43.5 billion by 37.7%. On the other hand, the decline of non-oil exports was the main driver of merchandise exports decline.
According to the publication's results, the value of non-oil exports (including re-export) in May 2023 amounted to SAR 25.1 billion, compared to SAR 27.5 billion in May 2022, with a decrease of SAR 2.4 billion, by 8.7%. 
However, the value of merchandise imports of Saudi Arabia in May 2023 amounted to SAR 67.7 billion, compared to SAR 56.0 billion in May 2022, with an increase of SAR 11.7 billion, by 20.9%. 
It is worth noting that GASTAT is the only official statistical reference for statistical data and information in Saudi Arabia. It carries out all the statistical work, in addition to the technical oversight of the statistical sector. It also designs and implements field surveys, conducts statistical studies and research, analyzes data and information, in addition to documenting and archiving all works of information and statistical data that cover all aspects of life in Saudi Arabia from its multiple sources. Data are written, classified, and analyzed; their indicators are extracted as well.