FX.co ★ Saudi Arabia Trade Surplus Largest in 15 Months

In August 2025, Saudi Arabia's trade surplus expanded to SAR 24.2 billion, up from SAR 23.3 billion the previous year, achieving its largest surplus since May 2024. This growth resulted from concurrent increases in both exports and imports. Exports experienced a 6.6% year-on-year rise to SAR 102.4 billion, primarily thanks to a 7.0% increase in oil exports, which constituted 70.5% of total exports. Non-oil exports also climbed by 5.5%, largely driven by machinery, electrical equipment, and parts, which surged by 79.8% and accounted for 25.4% of all non-oil exports. China continued to be the leading market for Saudi exports, receiving 16.2%, trailed by the UAE at 11.1% and India at 9.2%. Import values increased by 7.4%, reaching SAR 74.9 billion, with machinery, electrical equipment, and parts contributing significantly due to a 24.7% increase, representing 29.8% of total imports. China was the predominant source of imports, making up 26.4%, followed by the United States at 7.8% and the UAE at 5.4%.