Saudi-Gulf trade surplus up 92% in August
Saudi Arabia's trade surplus with Gulf countries jumped by 91.85% year-on-year in August 2026, reaching $2.47 billion despite a decline in the surplus with Qatar, and transitioning to a surplus with Oman. The growth is attributed to a 53.86% increase in non-oil exports, totaling $4.96 billion, and a 28.5% rise in imports to $2.48 billion, bringing the total trade exchange to $7.44 billion, a 44.35% increase.
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