Saudi Arabia recorded a trade surplus of 121276 Million SAR in the fourth quarter of 2019.
Balance of Trade in Saudi Arabia averaged 125883.25 Million SAR from 1968 until 2019, reaching an all time high of 454159 Million SAR in the fourth quarter of 2005 and a record low of 3898 Million SAR in the fourth quarter of 1986. This page provides - Saudi Arabia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: Saudi Arabian Monetary Agency
Balance of Trade in Saudi Arabia is expected to be 27300.00 Million SAR by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Saudi Arabia to stand at 67645.00 in 12 months time. In the long-term, the Saudi Arabia Balance of Trade is projected to trend around 104666.00 Million SAR in 2021 and 138000.00 Million SAR in 2022, according to our econometric models.