Non-Oil Export Impact on KSA Economic Growth: a Case Study of SABIC Company in Saudi Arabia

Abstract

Saudi Arabia is seeking to diversify their sources of income due to the oil prices turn down. Saudi government was lunched vision 2030 which focus to diversify source of income that is not depend on crude oil income. The purpose of this study is to measure the impact of exports from the non-oil sector to the growth of Saudi economy. They are three approach used in this study which they are a case study approach, survey and the portfolio model. A questionnaire was used to obtain information from major exporting firms, SABIC sub-industries and individuals. Data collected and analyzed through quantitative methods by using SPSS software . Results of this study showed that there is a positive impact on non-oil exports to the economy of Saudi Arabia. Finally, researches provides a number of useful recommendations that contribute of the growth of economic in Saudi Arabia.

Key words: crude oil income, non-oil sector, impact, growth.