Saudi Arabia Records SAR 30 Billion Trade Surplus in February 2025
Saudi Arabia's trade surplus reached USD 12 billion in February 2025, driven by strong oil exports and growing non-oil sectors.
Saudi Arabia reported a trade surplus of SAR 44.89 billion in February 2025, marking a 44.6% increase from January. This performance reflects a significant improvement in the strength of Saudi Arabia's international trade, especially amid the ongoing expansion of its oil and non-oil exports.
The Kingdom's total merchandise exports amounted to SAR 93.7 billion, with oil exports accounting for SAR 67.6 billion, representing 72.1% of total exports. Non-oil exports reached SAR 16.1 billion,, and re-exports totaled SAR 10 billion.
Asia remained the dominant region for Saudi exports, receiving 73.7% of total shipments, valued at SAR 57.9 billion. China led as the top destination, importing SAR 15.6 billion worth of goods, followed by South Korea at SAR 9.5 billion, and the UAE at SAR 9.2 billion.
The Kingdom's imports totaled SAR 63.2 billion, with machinery and electrical equipment comprising 20.8% of the total. Jeddah Islamic Port handled 30% of these imports, valued at SAR 17 billion.
These figures underscore Saudi Arabia's strengthened trade position, driven by robust oil exports and a diversified non-oil export base. The Kingdom's economic diversification efforts are reflected in the growing share of non-oil exports, contributing to a more balanced trade profile.
