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The trade surplus of five Gulf countries with Japan declined by 27.47% year-on-year during the first half of 2026, reaching $17.64 billion. This was due to a 24.27% decrease in exports and a 16.49% reduction in imports. Saudi Arabia led with a surplus of $9.70 billion, while Kuwait had the smallest surplus at $448 million. The total trade volume decreased by 22.43% to $35.89 billion. Additionally, the Arab region’s overall surplus with Japan fell by 27.9% to $16.83 billion, despite Gulf exports accounting for 96.74% of the Middle East’s exports to Japan. Meanwhile, Japanese exports increased by 13.7% to $372.59 billion, and Japan’s trade deficit shrank by 57%, reaching $6.23 billion in the first half of 2026.
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