Saudi Arabia recorded a trade surplus of SAR 23.0 billion in February 2026, narrowing slightly from SAR 23.2 billion in the same month a year ago, as imports increased more than exports. Imports rose 6.6% year-on-year to SAR 76.1 billion, driven by a 27.8% surge in purchases of machinery, electrical equipment and parts, which made up 30.5% of total imports, offsetting a 10.5% decline in transportation equipment and parts imports. China remained the Kingdom’s top source of imports, contributing 29.8% of the total, followed by the UAE (8.0%) and the US (7.4%). Meanwhile, exports grew 4.7% to SAR 99.1 billion, supported by a 0.6% rise in oil exports, which accounted for 68.7% of total exports. Non-oil exports also increased (6.3%), led by machinery, electrical equipment and parts, which jumped 56.1% and represented 25.5% of total non-oil exports. China remained the top destination for Saudi exports, accounting for 13.7% of the total, followed by the UAE (12.1%) and Japan (9.3%).
