Saudi Arabia Balance of Trade  Forecast


Saudi Arabia Balance of Trade
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Balance of Trade in Saudi Arabia is expected to be 95000.00 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 95000.00 in 12 months time. In the long-term, the Saudi Arabia Balance of Trade is projected to trend around 97000.00 Million SAR in 2020, according to our econometric models.


Saudi Arabia Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade 93950 95000 94000 94000 95000 97000
Exports 195619 181000 220000 212121 233000 260000
Imports 101252 90000 126000 131300 120000 134000
Current Account 9993 3300 1200 13309 2210 7180
Current Account to GDP -3.9 -1 -1 -4.86 -1 3
Capital Flows 935 -15700 -12100 3016 -13885 12844
Tourism Revenues 11183 12058 12058 10132 12058 13547
Gold Reserves 323 320 318 315 313 296
Crude Oil Production 9891 9754 9800 9625 9940 10201
Remittances 30707 31586 34560 38102 32924 36851
Foreign Direct Investment 1662 2050 2020 2225 2200 2430
Tourist Arrivals 17994 18689 18689 0 18689 21230
Terrorism Index 5.81 6 6 5.3 6 5.4