25 September 2025, 11:43 Saudi Arabia: SA Posts Largest Trade Surplus in 14 Months.
Saudi Arabia’s trade surplus widened to SAR 26.9 billion in July 2025 from SAR 17.5 billion in the same month a year ago. This marked the largest surplus since May 2024, supported by stronger exports and lower imports. Exports grew by 7.8% year-on-year to SAR 102.4 billion, amid a smaller decline in oil exports (-0.7%), which accounted for 67.1% of the total. Non-oil exports, on the other hand, surged by 30.4%, led by a sharp increase in machinery, electrical equipment and parts (+191.1%), which constituted 29.7% of the total non-oil exports. China remained the main destination for the Kingdom's exports, taking 14.0% of the total, followed by the UAE (10.6%) and India (9.4%). Meanwhile, imports fell by 2.5% to SAR 75.5 billion, mainly due to a 9.6% drop in transportation equipment and parts, which made up 13.2% of total imports. Among major import sources, China also held the largest share at 25.8%, followed by the US (8.0%) and the UAE (6.4%).
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