Saudi Arabia’s trade surplus widened sharply to SAR 57.4 billion in March 2026 from SAR 18.0 billion in the corresponding month a year earlier. This marked the largest trade surplus since October 2022, as exports surged while imports fell sharply. Exports jumped 21.5% year-on-year to SAR 115.2 billion, driven by a sharp rise in oil exports (37.4%), which accounted for 80.3% of total exports. Non-oil exports, on the other hand, plunged 27.0%, mainly due to lower shipments of chemical products (-39.1%), which represented 20.1% of total non-oil exports. China remained the top destination for Saudi exports, making up 14.1% of total exports, followed by India (13.7%) and Japan (9.5%). Imports declined 24.8% to SAR 57.8 billion, amid reduced imports of machinery, electrical equipment and parts (-11.9%) and chemical products and allied industries (-18.5%). China was also the biggest source of imports, accounting for 26.7% of total imports, followed by the US (8.4%) and the UAE (7.1%). source: General Authority for Statistics, Saudi Arabia
Saudi Arabia recorded a trade surplus of 57442.50 SAR Million in March of 2026. Balance of Trade in Saudi Arabia averaged 72972.90 SAR Million from 1968 until 2026, reaching an all time high of 454159.00 SAR Million in December of 2005 and a record low of -3651.30 SAR Million in April of 2020. This page provides - Saudi Arabia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.
Saudi Arabia recorded a trade surplus of 57442.50 SAR Million in March of 2026. Balance of Trade in Saudi Arabia is expected to be 26600.00 SAR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Balance of Trade is projected to trend around 11000.00 SAR Million in 2027 and 11500.00 SAR Million in 2028, according to our econometric models.