‎Service exports down 27% in Q3 2025 as imports rise 5%

‎Service exports down 27% in Q3 2025 as imports rise 5% ‎Service exports down 27% in Q3 2025 as imports rise 5%

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The Kingdom of Saudi Arabia’s flag

Saudi Arabia’s service exports reached SAR 58.2 billion in Q3 2025, marking a 27% year-on-year (YoY) decline.

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Compared to Q2 2025, services exports fell by 6%, according to the International Trade in Services Statistics issued by the General Authority for Statistics (GASTAT).

The publication aims to build a database measuring the impact of services on the balance of payments across 12 national service categories, hence supporting the development of the national economy.

It covers various service activities, 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

+ 27%

Travel services recorded the highest export value at SAR 33.8 billion, representing 58% of the Kingdom’s total service exports, with personal travel accounting for roughly 90% of that amount.

Transport services followed with SAR 9.7 billion (around 17% of total).

Value of Service Exports by Category

Category

Value(SAR bln)

% to Total

Travel

33.80

% 58.1

Transport

9.69

% 16.7

Telecom, Computer Information

2.42

% 4.2

Other Business Services

2.34

% 4.0

Financial Services

2.05

% 3.5

Construction

1.89

% 3.2

Gov’t Services

1.51

% 2.6

Personal, Cultural Recreational Services

1.27

% 2.2

Manufacturing Services

1.16

% 2.0

Insurance Pension Services

1.11

% 1.9

Maintenance Repair Services

0.74

% 1.3

Intellectual Property Charges

0.21

% 0.4

Total

58.19

% 100.0

Meanwhile, Saudi Arabia’s service imports amounted to SAR 120.8 billion in Q3 2025, after increasing by 5% YoY.

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

126.79

+6%

Q3

120.83

+ 5%

Transport services contributed the lion’s share of the second-quarter total at SAR 32.3 billion (27%). Travel services followed, dominating nearly SAR 30.8 billion.

Value of Service imports by Category

Category

Value(SAR bln)

% to Total

Transport

32.31

% 26.7

Travel

30.77

% 25.5

Other Business Services

18.47

% 15.3

Construction

14.48

% 12.0

Government Services

6.10

% 5.0

Insurance Pension Services

5.07

% 4.2

Telecom, Computer Information

3.39

% 2.8

Manufacturing Services

3.01

% 2.5

Financial services

2.44

% 2.0

Personal, Cultural Recreational Services

2.18

% 1.8

Maintenance Repair Services

1.34

% 1.1

Intellectual Property Charges

1.27

% 1.1

Total

120.83

% 100.0

The data showed that the services trade deficit widened to SAR 62.64 billion in Q3 2025.

International Trade in Services Balance (SAR bln)

Period

Total Deficit

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)

 

The Kingdom of Saudi Arabia’s flag

Saudi Arabia’s service exports reached SAR 58.2 billion in Q3 2025, marking a 27% year-on-year (YoY) decline.

Compared to Q2 2025, services exports fell by 6%, according to the International Trade in Services Statistics issued by the General Authority for Statistics (GASTAT).

The publication aims to build a database measuring the impact of services on the balance of payments across 12 national service categories, hence supporting the development of the national economy.

It covers various service activities, 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

+ 27%

Travel services recorded the highest export value at SAR 33.8 billion, representing 58% of the Kingdom’s total service exports, with personal travel accounting for roughly 90% of that amount.

Transport services followed with SAR 9.7 billion (around 17% of total).

Value of Service Exports by Category

Category

Value(SAR bln)

% to Total

Travel

33.80

% 58.1

Transport

9.69

% 16.7

Telecom, Computer Information

2.42

% 4.2

Other Business Services

2.34

% 4.0

Financial Services

2.05

% 3.5

Construction

1.89

% 3.2

Gov’t Services

1.51

% 2.6

Personal, Cultural Recreational Services

1.27

% 2.2

Manufacturing Services

1.16

% 2.0

Insurance Pension Services

1.11

% 1.9

Maintenance Repair Services

0.74

% 1.3

Intellectual Property Charges

0.21

% 0.4

Total

58.19

% 100.0

Meanwhile, Saudi Arabia’s service imports amounted to SAR 120.8 billion in Q3 2025, after increasing by 5% YoY.

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

126.79

+6%

Q3

120.83

+ 5%

Transport services contributed the lion’s share of the second-quarter total at SAR 32.3 billion (27%). Travel services followed, dominating nearly SAR 30.8 billion.

Value of Service imports by Category

Category

Value(SAR bln)

% to Total

Transport

32.31

% 26.7

Travel

30.77

% 25.5

Other Business Services

18.47

% 15.3

Construction

14.48

% 12.0

Government Services

6.10

% 5.0

Insurance Pension Services

5.07

% 4.2

Telecom, Computer Information

3.39

% 2.8

Manufacturing Services

3.01

% 2.5

Financial services

2.44

% 2.0

Personal, Cultural Recreational Services

2.18

% 1.8

Maintenance Repair Services

1.34

% 1.1

Intellectual Property Charges

1.27

% 1.1

Total

120.83

% 100.0

The data showed that the services trade deficit widened to SAR 62.64 billion in Q3 2025.

International Trade in Services Balance (SAR bln)

Period

Total Deficit

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)

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