Saudi Arabia Leads Gulf Japan Trade Surplus
The article discusses the decline in the surplus of the five Gulf countries with Japan during the first half of 2026, which decreased by 27.49% to a total of $17.62 billion. Saudi Arabia remains in the lead, accounting for 55% of the surplus, despite an increase of 3.8% to $9.69 billion. The reduction in surplus is mainly attributed to a drop in oil trade resulting from geopolitical tensions and the closure of the Strait of Hormuz. This has contributed to the deterioration of the value of exports and imports between the Gulf countries and Japan, with overall trade decreasing by 22.27%. The data also shows that Gulf exports to Japan fell by 24%, while imports declined by 16.47%. The article highlights the role of Saudi ports in enhancing maritime transport and logistics during this period, particularly through King Abdullah Port and Rabigh, to support regional trade.
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