Saudi Arabia’s trade surplus narrowed to SAR 17.3 billion in January 2026 from SAR 21.0 billion in the corresponding month of the previous year, as import growth outpaced exports. Imports grew 6.5% year-on-year to SAR 81.4 billion, led by higher imports of machinery, electrical equipment and parts (23.7%), which accounted for 30.3% of total imports, as well as transportation equipment and parts (7.3%). China remained the Kingdom’s top source of imports, contributing 31.0% of the total, followed by the UAE (7.7%) and the US (6.9%). Exports rose at a softer 1.4% to SAR 98.7 billion, dragged by a 6.4% decline in oil exports, which made up 67.0% of total exports. This decline was partly offset by a 22.1% surge in non-oil exports, driven by a sharp rise in machinery, electrical equipment, and parts (77.5%), representing 24.2% of total non-oil exports. China remained the main destination for Saudi exports, accounting for 15.1% of total exports, followed by the UAE (12.9%) and India (9.8%). source: General Authority for Statistics, Saudi Arabia
Saudi Arabia recorded a trade surplus of 17298.40 SAR Million in January of 2026. Balance of Trade in Saudi Arabia averaged 73312.64 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 March of 2026.
Saudi Arabia recorded a trade surplus of 17298.40 SAR Million in January of 2026. Balance of Trade in Saudi Arabia is expected to be 16700.00 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 19000.00 SAR Million in 2027, according to our econometric models.