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Saudi Arabia's trade surplus with Gulf rises

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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