‎Saudi service exports fall 4% to SAR 59.5B in Q2 2026

‎Saudi service exports fall 4% to SAR 59.5B in Q2 2026 ‎Saudi service exports fall 4% to SAR 59.5B in Q2 2026

​‎

The Kingdom of Saudi Arabia’s flag

The value of Saudi Arabia’s service exports reached SAR 59.5 billion in Q2 2026, a 4% decline year-on-year.

Advertisement

Compared to Q1 2026, services exports fell by 16.5%, or SAR 11.8 billion, according to the international trade in services statistics issued by the General Authority for Statistics (GASTAT).

The report covers a range of services, including transportation, travel, financial services, telecommunications, and other internationally traded services.

International Trade in Services Exports

Period

Value (SAR bln)

YoY Change

Q1 2023

52.91

—

Q2

66.98

—

Q3

37.51

—

Q4

47.23

—

Q1 2024

64.15

+21%

Q2

68.72

+3%

Q3

46.03

+23%

Q4

56.56

+20%

Q1 2025

73.86

+15%

Q2

62.15

(10%)

Q3

58.19

+26%

Q4

66.09

+17%

Q1 2026

71.30

(3%)

Q2

59.53

(4%)

Travel services recorded the highest export value at SAR 33.8 billion, representing 56.8% of total service exports, with personal travel accounting for roughly 93.9% of that figure.

Transport services followed with SAR 10.5 billion (17.6% of total).

Value of Services Exports by Category

Category

Value (SAR bln)

% to Total

Travel

33.79

56.8%

Transportation

10.47

17.6%

Telecommunications, Computer Information

2.61

4.4%

Other Business Services

2.35

3.9%

Construction

1.83

3.1%

Government Services

1.83

3.1%

Financial Services

1.55

2.6%

Manufacturing Services

1.43

2.4%

Insurance Pension Services

1.39

2.3%

Personal, Cultural Recreational Services

1.14

1.9%

Maintenance Repair Services

0.94

1.6%

Intellectual Property Charges

0.23

0.4%

Total

59.53

100.0%

Meanwhile, Saudi Arabia’s services imports reached SAR 120.8 billion in Q2 2026, a 5% decrease YoY. However, they rose 8.4% quarter-on-quarter.

International Trade in Service Imports

Period

Value (SAR bln)

YoY Change

Q1 2023

105.92

—

Q2

108.69

—

Q3

107.04

—

Q4

110.44

—

Q1 2024

111.60

+5%

Q2

119.92

+10%

Q3

114.73

+7%

Q4

122.79

+11%

Q1 2025

115.08

+3%

Q2

127.06

+6%

Q3

120.83

+5%

Q4

119.59

(3%)

Q1 2026

111.43

(3%)

Q2

120.85

(5%)

Transport services accounted for the largest share at SAR 34.1 billion, or 28.2% of total imports, followed by travel services at nearly SAR 25 billion.

Value of Service Imports by Category

Category

Value (SAR bln)

% to Total

Transportation

34.11

28.2%

Travel

24.96

20.7%

Other Business Services

18.77

15.5%

Construction

14.52

12.0%

Government Services

7.29

6.0%

Insurance Pension Services

5.96

4.9%

Telecommunications, Computer Information

3.98

3.3%

Manufacturing Services

3.16

2.6%

Personal, Cultural Recreational Services

2.56

2.1%

Financial Services

2.23

1.8%

Intellectual Property Charges

1.74

1.4%

Maintenance Repair Services

1.57

1.5%

Total

120.85

100.0%

The data showed that the Kingdom’s services trade balance posted a deficit of around SAR 61.3 billion in Q2 2026.

International Trade in Services Balance (SAR bln)

Category

2023

Q1 2023

(53.01)

Q2

(41.70)

Q3

(69.53)

Q4

(63.21)

Q1 2024

(47.45)

Q2

(51.20)

Q3

(68.70)

Q4

(66.22)

Q1 2025

(41.22)

Q2

(64.90)

Q3

(62.64)

Q4

(53.50)

Q1 2026

(40.12)

Q2

(61.32)

 

‎

The Kingdom of Saudi Arabia’s flag

The value of Saudi Arabia’s service exports reached SAR 59.5 billion in Q2 2026, a 4% decline year-on-year.

Compared to Q1 2026, services exports fell by 16.5%, or SAR 11.8 billion, according to the international trade in services statistics issued by the General Authority for Statistics (GASTAT).

The report covers a range of services, including transportation, travel, financial services, telecommunications, and other internationally traded services.

International Trade in Services Exports

Period

Value (SAR bln)

YoY Change

Q1 2023

52.91

—

Q2

66.98

—

Q3

37.51

—

Q4

47.23

—

Q1 2024

64.15

+21%

Q2

68.72

+3%

Q3

46.03

+23%

Q4

56.56

+20%

Q1 2025

73.86

+15%

Q2

62.15

(10%)

Q3

58.19

+26%

Q4

66.09

+17%

Q1 2026

71.30

(3%)

Q2

59.53

(4%)

Travel services recorded the highest export value at SAR 33.8 billion, representing 56.8% of total service exports, with personal travel accounting for roughly 93.9% of that figure.

Transport services followed with SAR 10.5 billion (17.6% of total).

Value of Services Exports by Category

Category

Value (SAR bln)

% to Total

Travel

33.79

56.8%

Transportation

10.47

17.6%

Telecommunications, Computer Information

2.61

4.4%

Other Business Services

2.35

3.9%

Construction

1.83

3.1%

Government Services

1.83

3.1%

Financial Services

1.55

2.6%

Manufacturing Services

1.43

2.4%

Insurance Pension Services

1.39

2.3%

Personal, Cultural Recreational Services

1.14

1.9%

Maintenance Repair Services

0.94

1.6%

Intellectual Property Charges

0.23

0.4%

Total

59.53

100.0%

Meanwhile, Saudi Arabia’s services imports reached SAR 120.8 billion in Q2 2026, a 5% decrease YoY. However, they rose 8.4% quarter-on-quarter.

International Trade in Service Imports

Period

Value (SAR bln)

YoY Change

Q1 2023

105.92

—

Q2

108.69

—

Q3

107.04

—

Q4

110.44

—

Q1 2024

111.60

+5%

Q2

119.92

+10%

Q3

114.73

+7%

Q4

122.79

+11%

Q1 2025

115.08

+3%

Q2

127.06

+6%

Q3

120.83

+5%

Q4

119.59

(3%)

Q1 2026

111.43

(3%)

Q2

120.85

(5%)

Transport services accounted for the largest share at SAR 34.1 billion, or 28.2% of total imports, followed by travel services at nearly SAR 25 billion.

Value of Service Imports by Category

Category

Value (SAR bln)

% to Total

Transportation

34.11

28.2%

Travel

24.96

20.7%

Other Business Services

18.77

15.5%

Construction

14.52

12.0%

Government Services

7.29

6.0%

Insurance Pension Services

5.96

4.9%

Telecommunications, Computer Information

3.98

3.3%

Manufacturing Services

3.16

2.6%

Personal, Cultural Recreational Services

2.56

2.1%

Financial Services

2.23

1.8%

Intellectual Property Charges

1.74

1.4%

Maintenance Repair Services

1.57

1.5%

Total

120.85

100.0%

The data showed that the Kingdom’s services trade balance posted a deficit of around SAR 61.3 billion in Q2 2026.

International Trade in Services Balance (SAR bln)

Category

2023

Q1 2023

(53.01)

Q2

(41.70)

Q3

(69.53)

Q4

(63.21)

Q1 2024

(47.45)

Q2

(51.20)

Q3

(68.70)

Q4

(66.22)

Q1 2025

(41.22)

Q2

(64.90)

Q3

(62.64)

Q4

(53.50)

Q1 2026

(40.12)

Q2

(61.32)

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement