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2026-07-26T08:15:51.590Z

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Saudi trade surplus up 329 percent in May

Saudi trade surplus up 329 percent in May

According to the General Authority for Statistics, Saudi Arabia's trade balance experienced a significant increase in its surplus during May 2026, reaching 26 billion riyals, representing a 329% rise compared to the previous month and hitting a 54-month high. This was driven by a 19.5% decrease in imports, which fell to 68 billion riyals, alongside a 4% increase in exports, totaling 94 billion riyals. Non-oil exports were primarily focused on machinery, equipment, and electrical appliances, accounting for 22%. The largest source of imports was China, which represented 22% of total imports. Jeddah Port remained the main gateway for non-oil imports and exports, handling a significant share of trade activity.

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