Saudi Arabia recorded a trade surplus of 10258 Million SAR in the second quarter of 2020.
Balance of Trade in Saudi Arabia averaged 123885.94 Million SAR from 1968 until 2020, 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 October of 2020. source: Saudi Arabian Monetary Agency
Balance of Trade in Saudi Arabia is expected to be 20850.00 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 71487.00 in 12 months time. In the long-term, the Saudi Arabia Balance of Trade is projected to trend around 129000.00 Million SAR in 2021 and 138000.00 Million SAR in 2022, according to our econometric models.