Arabia Saudí Balanza Comercial

Saudi Arabia’s trade surplus narrowed sharply to SAR 19.8 billion in March 2025, down from SAR 30.1 billion in the same month last year. It marked the smallest trade surplus since December, as exports plunged while imports edged up. Exports fell 9.8% yoy to a four-month low of SAR 93.8 billion, due to a 16.1% slump in oil exports, which accounted for 71.2% of total exports. Meanwhile, non-oil exports rose by 10.7%. China remained the top destination for Saudi exports, representing 15.5% of the total, followed by India (9.4%) and Japan (8.7%). Meanwhile, imports inched up by 0.1% to SAR 74 billion, boosted by an increase in purchases of machinery, electrical equipment, and parts (3.6%), which constituted 26.1% of total imports. Also, transportation equipment and parts imports rose by 4.4%, which represented 15.2% of total imports. Among the major suppliers, China also held the largest share of imports at 25.3%, followed by the US (7.8%) and the UAE (5.9%).