‎Saudi-GCC non-oil trade surplus drops 5% to SAR 4.6B in July

Article details

Saudi Arabia’s non-oil trade surplus with Gulf Cooperation Council (GCC) countries reached SAR 4.61 billion in July, reflecting a 5% decline compared to the same period last year. According to data released by the General Authority for Statistics (GASTAT), total non-oil merchandise exports and re-exports to the region fell 23% year-on-year to SAR 9.27 billion, driven by lower volume in national exports and re-export channels.