25 December 2025, 09:56 Saudi Arabia: Trade Surplus Widens in October.
Saudi Arabia’s trade surplus increased sharply to SAR 24.0 billion in October 2025 from SAR 16.2 billion in the same month a year earlier, as export growth outpaced imports. Outbound shipments rose 11.8% year on year to SAR 104.0 billion, supported mainly by higher oil shipments, which increased 4.0% and accounted for 67.4% of total exports. Non-oil exports posted solid gains, jumping 32.3%, driven by a sharp 387.5% surge in transportation equipment and parts, which represented 37.4% of non-oil exports. China remained the Kingdom’s top export destination, absorbing 14.1% of shipments, followed by the UAE at 10.9% and India at 9.9%. Meanwhile, inbound shipments added 4.3% to SAR 80.0 billion, led by a 26.3% rise in purchases of machinery, electrical equipment, and parts, which made up 30.2% of total imports. China was the largest source of imports with a 24.8% share, ahead of the U.S. at 8.7% and the UAE at 6.4%.
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