Saudi Arabia is strategically diversifying its $1.1 trillion economy, moving beyond oil dependence and embracing new trade partnerships. As a new BRICS member, Saudi Arabia is seeking new trade deals to bolster its economic landscape. According to reports from 29 de oct. de 2025, Saudi Arabia is lining up more bilateral trade agreements to diversify its $1.1 trillion economy in the coming years. The Kingdom now wants to reduce dependence on oil and forge a path toward a more diversified economy.

The Kingdom's ambitions extend beyond bilateral agreements. 27 de oct. de 2025 states that Saudi Arabia is actively pursuing additional free trade agreements and contemplating joining the BRICS group of emerging economies, as part of its strategy to enhance its global economic standing. This strategic shift reflects a broader vision to enhance and strengthen global economic ties.

While 8 de may. de 2025 indicated that Saudi Arabia has held off formally joining the BRICS bloc of nations despite attending a meeting in Brazil last week, two sources said, finessing an issue that could upset existing global power structures, the nation's commitment to diversifying its economy and seeking new trade avenues remains steadfast. The focus on reducing oil dependence is a key driver in this pursuit. Saudi Arabia's alignment with BRICS and its commitment to securing new trade deals signify a significant evolution in its economic strategy.

Explore the latest developments in Saudi Arabia's post-oil strategy, its alignment with BRICS, and the potential impact on global trade dynamics. Stay informed about the kingdom's ambitious plans to diversify its economy and secure its place as a key player in the global market.