Saudi Arabia’s trade surplus narrowed to SAR 14.4 billion in July 2026 from SAR 19.1 billion in the same month last year, marking the smallest trade surplus since May 2025 as exports dropped more than imports. Exports fell 17.2% year-on-year to an over five-year low of SAR 84.4 billion, mainly driven by a 12.8% fall in oil exports, which represented 71.0% of total exports. Meanwhile, non-oil exports shed 14.8% amid a decline in shipments of plastic, rubber, and their articles (-17.8%), which accounted for 19.8% of total non-oil exports. China was the leading destination for Saudi exports, accounting for 13.4% of the total, followed by the UAE (10.0%) and Japan (8.7%). Imports fell 15.4% to a near two-year low of SAR 70.4 billion, largely due to a sharp decline in machinery, electrical equipment, and parts thereof (-26.6%). China remained the largest source of imports, making up 22.7% of the total, followed by the US (8.4%) and Switzerland (6.9%). source: General Authority for Statistics, Saudi Arabia

Saudi Arabia recorded a trade surplus of 14363.30 SAR Million in July of 2026. Balance of Trade in Saudi Arabia averaged 71890.44 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 September of 2026.

Saudi Arabia recorded a trade surplus of 14363.30 SAR Million in July 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.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-25 06:00 AM
Balance of Trade
Jun SAR17.3B SAR21.9B SAR 26.6B
2026-09-24 06:00 AM
Balance of Trade
Jul SAR14.4B SAR16.6B SAR23.8B
2026-10-26 06:00 AM
Balance of Trade
Aug SAR14.4B


Related Last Previous Unit Reference
Balance of Trade 14363.30 16625.80 SAR Million Jul 2026
Capital Flows -1091.87 -15977.78 USD Million Mar 2026
Current Account 4114.24 -8235.88 USD Million Mar 2026
Exports 84378.60 88076.40 SAR Million Jul 2026
Foreign Direct Investment 6156.27 12901.54 USD Million Mar 2026
Imports 70015.30 71450.50 SAR Million Jul 2026
Non Oil Exports 15488.00 15479.00 SAR Million Jul 2026
Oil Exports 59888.00 63177.00 SAR Million Jul 2026
Remittances 17290.00 15477.00 USD Million Mar 2026


Saudi Arabia Balance of Trade
Saudi Arabia has been recording trade surpluses since 1968 due to shipments of oil (87 percent of total exports). Main imports are: machinery, mechanical appliances and electrical equipment; transport equipment and parts thereof and base metals. Main trading partners are: United States (14 percent of total exports and 12.6 percent of imports), China (12 percent of exports and 13 percent of imports) and Japan (13 percent of exports and 6 percent of imports). Others include: South Korea, United Arab Emirates, India and Germany.
Actual Previous Highest Lowest Dates Unit Frequency
14363.30 16625.80 454159.00 -3651.30 1968 - 2026 SAR Million Monthly

News Stream
Saudi Arabia Trade Surplus Smallest in 6 Months
Saudi Arabia’s trade surplus narrowed to SAR 14.4 billion in July 2026 from SAR 19.1 billion in the same month last year, marking the smallest trade surplus since May 2025 as exports dropped more than imports. Exports fell 17.2% year-on-year to an over five-year low of SAR 84.4 billion, mainly driven by a 12.8% fall in oil exports, which represented 71.0% of total exports. Meanwhile, non-oil exports shed 14.8% amid a decline in shipments of plastic, rubber, and their articles (-17.8%), which accounted for 19.8% of total non-oil exports. China was the leading destination for Saudi exports, accounting for 13.4% of the total, followed by the UAE (10.0%) and Japan (8.7%). Imports fell 15.4% to a near two-year low of SAR 70.4 billion, largely due to a sharp decline in machinery, electrical equipment, and parts thereof (-26.6%). China remained the largest source of imports, making up 22.7% of the total, followed by the US (8.4%) and Switzerland (6.9%).
2026-09-24
Saudi Arabia Trade Surplus Smallest in 5 Months
Saudi Arabia’s trade surplus narrowed to SAR 17.3 billion in June 2026 from SAR 19.2 billion in the same month last year, marking the smallest trade surplus since January as exports fell more than imports. Exports dropped 4.5% year-on-year to a five-year low of SAR 87.8 billion, mainly driven by a 2.3% fall in oil exports, which represented 72.0% of total exports. Meanwhile, non-oil exports fell 11.4% amid a decline in shipments of plastic, rubber, and their articles (-12.8%), which accounted for 20.7% of total non-oil exports. Japan was the leading destination for Saudi exports, accounting for 13.2% of the total, followed by South Korea (11.5%) and China (9.4%). Imports dropped 3.0% to a three-month low of SAR 70.4 billion, largely due to a sharp decline in machinery, electrical equipment, and parts (-20.4%). China remained the largest source of imports, making up 22.0% of the total, followed by Switzerland (8.4%) and the US (8.3%).
2026-08-25
Saudi Arabia Trade Surplus Jumps
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%).
2026-07-26