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Saudi trade surplus grows 53% in early 2026
The Kingdom of Saudi Arabia's trade surplus increased by 53.17% in the first half of 2026, reaching 154.72 billion riyals compared to 101.01 billion riyals in the same period of the previous year. This growth was driven by a 7.3% rise in exports and a 2.7% decrease in imports. The Kingdom recorded a total foreign trade volume exceeding one trillion riyals, with February marked as the month of highest trading activity, amounting to 183.17 billion riyals. The surplus for the first half amounted to 61.52 billion riyals in the second quarter. Data indicates that the country's exports mainly increased due to a 10.6% rise in petroleum exports, reaching 434.4 billion riyals, while non-oil exports declined by 8.8%. Additionally, the import bill decreased by 2.69%, totaling 448.93 billion riyals.
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