‎Saudi GCC trade surplus drops 5% to SAR 4.6B in July

‎Saudi GCC trade surplus drops 5% to SAR 4.6B in July ‎Saudi GCC trade surplus drops 5% to SAR 4.6B in July

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The UAE accounted for the largest share of Saudi Arabia’s foreign trade with the GCC in July

Saudi Arabia’s non-oil trade surplus with the GCC countries reached SAR 4.61 billion in July, down 5% year-on-year (YoY).

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However, total Saudi non-oil merchandise exports and re-exports to GCC countries decreased 23% YoY to SAR 9.27 billion during July, according to data released by the General Authority for Statistics (GASTAT).

During the same month, non-oil exports comprised SAR 5.54 billion in re-exports and around SAR 3.73 billion in national exports.

Meanwhile, Saudi Arabia’s merchandise imports from GCC countries declined by 36% YoY to SAR 4.66 billion in July.

The UAE accounted for the largest share of Saudi Arabia’s foreign trade with the GCC, with the Kingdom posting a non-oil trade surplus of about SAR 3.48 billion with the UAE.

Non-oil trade with GCC in July 2026 (SAR mln)

Country

National Exports

Re-exports

Imports

Non-Oil Trade Surplus

Trade

Volume

UAE

1,881.1

4,731.6

3,137.3

3,475.4

9,749.9

Kuwait

743.3

228.8

122.0

850.1

1,094.1

Qatar

241.9

145.5

125.0

262.4

512.4

Oman

450.9

266.7

634.5

83.0

1,352.1

Bahrain

413.0

164.8

643.5

(65.7)

1,221.3

Total

3,730.1

5,537.4

4,662.3

4,605.3

13,929.8

 

‎

The UAE accounted for the largest share of Saudi Arabia’s foreign trade with the GCC in July

Saudi Arabia’s non-oil trade surplus with the GCC countries reached SAR 4.61 billion in July, down 5% year-on-year (YoY).

However, total Saudi non-oil merchandise exports and re-exports to GCC countries decreased 23% YoY to SAR 9.27 billion during July, according to data released by the General Authority for Statistics (GASTAT).

During the same month, non-oil exports comprised SAR 5.54 billion in re-exports and around SAR 3.73 billion in national exports.

Meanwhile, Saudi Arabia’s merchandise imports from GCC countries declined by 36% YoY to SAR 4.66 billion in July.

The UAE accounted for the largest share of Saudi Arabia’s foreign trade with the GCC, with the Kingdom posting a non-oil trade surplus of about SAR 3.48 billion with the UAE.

Non-oil trade with GCC in July 2026 (SAR mln)

Country

National Exports

Re-exports

Imports

Non-Oil Trade Surplus

Trade

Volume

UAE

1,881.1

4,731.6

3,137.3

3,475.4

9,749.9

Kuwait

743.3

228.8

122.0

850.1

1,094.1

Qatar

241.9

145.5

125.0

262.4

512.4

Oman

450.9

266.7

634.5

83.0

1,352.1

Bahrain

413.0

164.8

643.5

(65.7)

1,221.3

Total

3,730.1

5,537.4

4,662.3

4,605.3

13,929.8

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