Saudi Arabia’s trade surplus surged to SAR 26.0 billion in May 2026 from SAR 6.1 billion in the same month last year, as exports rose while imports slumped. Exports grew 3.9% year-on-year to SAR 93.8 billion, mainly driven by a 19.5% rise in oil exports, which represented 75.6% of total exports. Meanwhile, non-oil exports dropped 27.3% amid a decline in shipments of electrical equipment and parts (-31.6%), which accounted for 22.0% of total non-oil exports. China remained the leading destination for Saudi exports, accounting for 12.3% of the total, followed by South Korea (9.6%) and the UAE (7.5%). Imports slumped 19.5% to SAR 67.8 billion, largely due to a sharp decline in machinery, electrical equipment, and parts (-28.0%). China also remained the largest source of imports, making up 22.0% of the total, followed by the US (10.7%) and Egypt (8.4%). source: General Authority for Statistics, Saudi Arabia
Saudi Arabia recorded a trade surplus of 26023.50 SAR Million in May of 2026. Balance of Trade in Saudi Arabia averaged 72488.51 SAR Million from 1968 until 2026, reaching an all time high of 454159 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 July of 2026.
Saudi Arabia recorded a trade surplus of 26023.50 SAR Million in May of 2026. Balance of Trade in Saudi Arabia is expected to be 28700.00 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.