Saudi Arabia Trade Surplus Largest in 4 Months

Saudi Arabia’s trade surplus widened to SAR 22.0 billion in June 2025, up from SAR 20.0 billion in the same month last year, marking the largest surplus since February. Exports rose by 3.7% yoy to SAR 92.1 billion, reaching a three-month high. The modest gain came despite a 2.5% decline in oil exports, which still accounted for 70.2% of total exports. In contrast, non-oil exports surged by 22.1%, helping offset the weakness in oil trade. China remained the top destination for Saudi exports, making up 15.5% of the total, followed by the UAE (9.1%) and India (9.1%). On the import side, total imports increased by 1.7% to SAR 70.0 billion, driven by a 29.0% surge in purchases of machinery, electrical equipment, and parts, which accounted for 30.6% of all imports. Meanwhile, imports of transportation equipment and parts dropped by 13.2%, comprising 12.5% of the total. Among major import sources, China held the largest share at 27.9%, followed by the US (8.3%) and the UAE (6.2%).