Saudi Trade Balance Records Highest Surplus in Five Months

Official data released by the Saudi General Authority for Statistics on Thursday, April 23, 2026, showed that the Kingdom of Saudi Arabia's trade balance recorded its highest surplus in five months during February. This strong performance was supported by increased exports of crude oil and petrochemicals, despite the geopolitical tensions sweeping the Middle East region.

The authority reported that non-oil exports witnessed significant growth exceeding 12% compared to the same month last year, thanks to the efforts of the national economic diversification program "Saudi Vision 2030." Manufacturing, logistics, and tourism sectors contributed significantly to this growth, reflecting the success of economic policies aimed at reducing dependence on hydrocarbon resources.

The Saudi Minister of Finance affirmed that the large trade surplus strengthens the Kingdom's financial position and provides additional resources for spending on massive development projects. He noted that foreign direct investment is flowing at an accelerated pace toward non-oil sectors, creating new job opportunities for Saudi citizens. In a related context, the Saudi Arabian Monetary Authority pointed out that the Kingdom's foreign reserves remain at comfortable levels that ensure the stability of the national currency and its ability to face any external shocks.


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Editor at Dijlah Point News, writing about Eco.

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Saudi Trade Balance Records Highest Surplus in Five Months

admin
23 Apr 2026
1 min read