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Saudi Arabia's trade surplus with Gulf rises
The surplus in the trade balance of goods between Saudi Arabia and the Gulf Cooperation Council countries increased by 16.4% in June 2026, amounting to 141.97 million dollars, reaching 3.78 billion riyals (approximately one billion dollars). Non-oil exports declined by 9.98%, totaling 8.66 billion riyals, with re-exports affected by a 24.49% decrease. Conversely, national exports to the Gulf rose by 28.65%, reaching 3.38 billion riyals, while Saudi Arabia's imports from Gulf countries were reduced by 23.4%, falling to 4.88 billion riyals in the same period.
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