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Saudi Arabia’s Trade with Arab League Nations Surpasses SR87.7 Billion in Q4 2024

Saudi Arabia’s trade with Arab League countries, including Gulf Cooperation Council (GCC) members, reached approximately SR87.7 billion in the fourth quarter of 2024, according to data from the General Authority for Statistics.

This figure accounts for 17.2% of the Kingdom’s total trade volume with countries worldwide, which stood at SR510.9 billion during the same period. The data reflects a 6.2% year-on-year increase—up by more than SR5 billion compared to Q4 2023, which recorded SR82.6 billion.

The Kingdom also posted a strong trade surplus with Arab League nations, totaling SR30.46 billion in Q4 2024. This represents a significant 37.3% rise from the SR22.18 billion surplus recorded in the same quarter of the previous year—an increase of more than SR8.27 billion.

Saudi exports to Arab League countries amounted to SR59.11 billion. Of this, SR39.5 billion was directed to GCC countries, making up 14.2% of Saudi Arabia’s global exports, which totaled SR277.9 billion. Exports to non-GCC Arab League nations totaled SR19.6 billion, representing 7.1% of global Saudi exports.

On the import side, Saudi Arabia brought in goods worth SR28.65 billion from Arab League countries. Imports from GCC states accounted for SR18.35 billion, while imports from other Arab League countries totaled SR10.29 billion. These figures represent 12.3% of Saudi Arabia’s total global imports, which stood at SR233.04 billion.

The United Arab Emirates remained Saudi Arabia’s top Arab export destination, with Q4 exports exceeding SR23.51 billion. Other key trade partners included Bahrain (SR8.42 billion), Egypt (SR8.35 billion), Oman (SR4.43 billion), and Jordan (SR2.99 billion).

The latest trade bulletin highlights Saudi Arabia’s deepening economic ties with regional partners, reinforcing its role as a key player in Arab and Gulf trade networks.

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