FX.co ★ Saudi Arabia Trade Surplus Widens in November

Saudi Arabia experienced a significant increase in its trade surplus, reaching SAR 23.0 billion in November 2025, compared to SAR 13.1 billion in the same month the previous year. This growth was driven by a more rapid increase in exports relative to imports. Export figures rose by 10.8% year-on-year, amounting to SAR 100.0 billion, largely due to a rise in oil exports, which increased by 5.4% and comprised 67.2% of the total exports. Non-oil exports saw a remarkable rise of 20.7%, spurred by an 81.5% increase in shipments of machinery and electrical equipment, which accounted for 24.2% of the non-oil sector. China continued to be the leading destination for Saudi exports, taking in 13.5% of the total, followed by the UAE at 11.7% and Japan at 9.9%. On the import side, there was a modest rise of 0.2%, reaching SAR 77.0 billion. This increase was primarily due to an 8.6% rise in imports of machinery, electrical equipment, and parts, which constituted 30.7% of total imports. China maintained its position as the largest source of imports, accounting for 26.7%, with the US and the UAE following at 10.2% and 6.2%, respectively.