ID :
705006
Fri, 09/19/2025 - 04:30
Auther :

Saudi Arabia-GCC Non-Oil Trade Surplus More than Doubles to SAR11.9 Billion

   Riyadh, September 18, 2025, SPA -- Saudi Arabia's non-oil trade surplus with the Gulf Cooperation Council (GCC) countries recorded an annual growth of 119% in the second quarter (Q2) of 2025, reaching around SAR11.9 billion. This represents an increase of around SAR6.5 billion from Q2 2024, when the trade surplus amounted to SAR5.4 billion, according to data released by the General Authority for Statistics (GASTAT).
   Preliminary figures from the International Trade Bulletin for Q2 2025 show that the total value of non-oil trade, including re-exports, between Saudi Arabia and GCC member states amounted to SAR54.3 billion. This marks a year-on-year increase of 25.2%, equivalent to an additional SAR10.9 billion, from SAR43.4 billion in Q2 2024.
   The value of total non-oil merchandise exports, including re-exports, rose by 35.7% during Q2 2025 to reach SAR33.1 billion, up from SAR24.4 billion in the same period last year, an increase of over SAR8.7 billion.
   National non-oil exports stood at SAR8.9 billion, showing annual growth of 4.3% (SAR363.8 million) from SAR8.5 billion in Q2 2024.
   Meanwhile, re-exports recorded robust growth of 52.4%, reaching SAR24.3 billion compared to SAR15.9 billion in the same quarter of the previous year, a rise of SAR8.4 billion.
   Saudi Arabia's merchandise imports from GCC countries also increased, amounting to SAR21.2 billion, up by 11.7% (SAR2.2 billion) from SAR18.9 billion in Q2 2024.
   The United Arab Emirates emerged as Saudi Arabia's top non-oil trading partner within the GCC, with bilateral trade reaching SAR40.4 billion, accounting for around 74.3% of the total. Oman ranked second, with non-oil trade amounting to SAR5.3 billion (9.7%), and Bahrain followed in third place with SAR4.7 billion (8.7%). Kuwait and Qatar recorded trade volumes of SAR2.4 billion (4.4%) and SAR1.6 billion (2.9%), respectively, taking the fourth and fifth spots.
   -- SPA


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