Saudi Arabia's trade surplus reaches SAR 90.5 billion in Q1 2026

Saudi Arabia's trade balance recorded a surplus of SAR 90.5 billion in the first quarter of 2026, marking a significant increase compared to previous periods. This surplus reflects a robust growth in both exports and re-exports, driven largely by strong demand from Asian countries, particularly China. The trade surplus grew by 43.7% year-on-year and 60% quarter-on-quarter, indicating a strong economic recovery.

Total international trade volume exceeded SAR 535 billion during this period, showcasing the Kingdom's expanding role in global commerce. China emerged as the largest importer of Saudi exports, valued at SAR 44.8 billion, further emphasizing the importance of Asian markets in Saudi Arabia's trade strategy.

The data released by the General Authority for Statistics highlights a strong performance in Saudi Arabia's trade sector during the first quarter of 2026. The significant increase in trade surplus underscores the Kingdom's expanding economic activity and its growing role in global trade. The trade surplus increased by more than SAR 33.9 billion compared to the previous quarter, reflecting a dynamic shift in trade patterns.

Total merchandise exports were approximately SAR 312.8 billion, while imports totaled around SAR 222.3 billion. Re-exports exceeded SAR 38 billion, reflecting a 32.9% annual growth, which indicates a diversification of trade activities and a strengthening of trade relationships.

The continued growth in trade surplus suggests a positive outlook for Saudi Arabia's economy as it strengthens its trade relations globally. As the Kingdom enhances its export capabilities, stakeholders should monitor trends in international trade volumes and export growth closely. Changes in trade policies may also affect Saudi Arabia's export dynamics, making it essential for businesses to stay informed.

Looking ahead, the positive trends in trade surplus are likely to persist, contributing to overall economic growth. This environment presents opportunities for investment and collaboration in various sectors, particularly those aligned with the Kingdom's strategic trade objectives.