24 Hrs
Source:
البلاد
Saudi Arabia's Gulf trade surplus up 12% in first half of 2026
Saudi Arabia's surplus in its trade balance with Gulf countries increased by 12.05% in the first half of 2026, reaching $6.55 billion. Non-oil exports rose by 8.34% to $17.88 billion, while oil exports declined by 41.4%. On the other hand, Gulf import bills grew by 6.8% to $11.37 billion. Additionally, Saudi Arabia played a significant logistical role in transporting goods to Gulf countries through Jeddah and Rabigh ports, with a strong concentration of re-exported goods from the UAE.
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