Arabia Saudí Balanza Comercial

Saudi Arabia’s trade surplus widened to SAR 30.6 billion in February 2025, up from SAR 29.4 billion in the same month last year. It marked the largest trade surplus since April 2024, as exports fell less than imports. Exports dropped 2.6% yoy to a three-month low of SAR 93.7 billion, due to a 7.9% decline in oil exports, which accounted for 72.1% of total exports. Meanwhile, non-oil exports grew by 14.3%. China remained the top destination for Saudi exports, representing 16.2% of the total, followed by South Korea (10.1%) and the UAE (9.8%). Meanwhile, imports shrank by 5.6% to a 14-month low of SAR 63.2 billion, weighed by a decline in purchases of machinery, electrical equipment, and parts (-0.7%), which constituted 23.5% of total imports. By contrast, transportation equipment and parts imports surged by 24.3%, which represented 15.4% of total imports. Among the major suppliers, China also kept the largest share of imports at 24.1%, followed by the US (7.3%) and India (6.7%).