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Saudi non-oil trade surplus with GCC doubles to SAR 11.9 billion in Q2

Surplus surges as non-oil exports, especially re-exports, rise sharply; UAE remains top trading partner.

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Saudi Arabia’s non-oil trade surplus with Gulf Cooperation Council countries reached SAR 11.9 billion in Q2 2025, more than double the SAR 5.4 billion recorded in Q2 2024, according to General Authority for Statistics data.

Total non-oil trade, including re-exports, with GCC states rose to SAR 54.3 billion in Q2 2025, up 25.2% from SAR 43.4 billion a year earlier.

Non-oil merchandise exports, including re-exports, rose by 35.7% to SAR 33.1 billion in Q2 2025 from SAR 24.4 billion in Q2 2024. National non-oil exports (excluding re-exports) grew by 4.3% to SAR 8.9 billion. Re-exports climbed 52.4% to SAR 24.3 billion.

Imports from GCC countries increased by 11.7% to SAR 21.2 billion in Q2 2025 from SAR 18.9 billion in Q2 2024.

The UAE was Saudi Arabia’s top non-oil trading partner within the GCC, with bilateral trade at around SAR 40.4 billion, representing 74.3% of the total. Oman ranked second at SAR 5.3 billion (9.7%), followed by Bahrain at SAR 4.7 billion (8.7%). Kuwait and Qatar recorded SAR 2.4 billion (4.4%) and SAR 1.6 billion (2.9%), respectively.

Riyadh’s growing re-exports suggest that much of the surplus stems from trade in goods passing through Saudi Arabia rather than nationally produced non-oil goods. Market analysts say this reflects the country’s increasing integration into regional supply chains and might shift how trade balance policies are formulated.