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Service exports rise 8% to 71B riyals

Service exports rise 8% to 71B riyals

The Kingdom's exports of services increased during the first quarter of 2026 to 71.3 billion riyals, registering a growth of 7.9% compared to the last quarter of 2025. Meanwhile, imports declined to 111.4 billion riyals, a decrease of 6.9%. Travel services topped the export list with a value of 44.3 billion riyals, supported by ongoing high-level tourism spending. Followed by transportation services, which amounted to 10.9 billion riyals, with a focus on air transportation accounting for 39.9%. On the other hand, transportation services also represented the highest value among imported services, totaling 31.8 billion riyals during the same period.

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