Saudi Arabia recorded a trade surplus of 131636 Million SAR in the first quarter of 2019. Balance of Trade in Saudi Arabia averaged 126168.18 Million SAR from 1968 until 2019, reaching an all time high of 454159 Million SAR in the fourth quarter of 2005 and a record low of 3898 Million SAR in the fourth quarter of 1986.
Balance of Trade in Saudi Arabia is expected to be 130500.00 Million SAR by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Saudi Arabia to stand at 132000.00 in 12 months time. In the long-term, the Saudi Arabia Balance of Trade is projected to trend around 129000.00 Million SAR in 2020, according to our econometric models.