‎Saudi-GCC non-oil trade surplus drops 11% to SAR 3.98B in August

‎Saudi-GCC non-oil trade surplus drops 11% to SAR 3.98B in August ‎Saudi-GCC non-oil trade surplus drops 11% to SAR 3.98B in August

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King Abdulaziz Port in Dammam

Saudi Arabia’s non-oil trade surplus with the GCC countries reached SAR 3.98 billion in August, down 11% year-on-year (YoY).

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However, non-oil merchandise exports and re-exports to GCC countries decreased 33% YoY to SAR 7.8 billion during the month, according to data from the General Authority for Statistics (GASTAT).

Of the total, re-exports accounted for SAR 4 billion, while national exports stood at around SAR 3.8 billion.

Meanwhile, Saudi Arabia’s merchandise imports from GCC countries declined by 47% YoY to SAR 3.82 billion.

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 3.1 billion with the UAE.

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

Country

National Exports

Re-exports

Imports

Non-Oil Trade Surplus

Trade

Volume

UAE

1,921

3,132

1,970

+3,083

7,022

Kuwait

794

188

366

+616

1,348

Oman

463

302

561

+204

1,326

Qatar

218

139

206

+151

563

Bahrain

407

242

721

(73)

1,369

Total

3,802

4,002

3,823

+3,981

11,628

 

‎

King Abdulaziz Port in Dammam

Saudi Arabia’s non-oil trade surplus with the GCC countries reached SAR 3.98 billion in August, down 11% year-on-year (YoY).

However, non-oil merchandise exports and re-exports to GCC countries decreased 33% YoY to SAR 7.8 billion during the month, according to data from the General Authority for Statistics (GASTAT).

Of the total, re-exports accounted for SAR 4 billion, while national exports stood at around SAR 3.8 billion.

Meanwhile, Saudi Arabia’s merchandise imports from GCC countries declined by 47% YoY to SAR 3.82 billion.

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 3.1 billion with the UAE.

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

Country

National Exports

Re-exports

Imports

Non-Oil Trade Surplus

Trade

Volume

UAE

1,921

3,132

1,970

+3,083

7,022

Kuwait

794

188

366

+616

1,348

Oman

463

302

561

+204

1,326

Qatar

218

139

206

+151

563

Bahrain

407

242

721

(73)

1,369

Total

3,802

4,002

3,823

+3,981

11,628

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