Riyadh – Mubasher: Saudi trade balance surplus narrowed during the third quarter (Q3) of 2019, as shown by the most recent data of the Saudi General Authority for Statistics (GaStat).

Trade surplus amounted to SAR 97.85 billion, decreasing by 62.55% compared with Q2-19, which saw a surplus of SAR 160.41 billion.

The Kingdom’s total imports reached SAR 138.23 billion, while exports reached SAR 236.08 billion, according to a Mubasher survey of Saudi trade balance data.

A previous data analysis by Mubasher showed that Saudi trade surplus during the first nine months of the year amounted to SAR 339.27 billion, down by 20.8% or SAR 89.07 billion compared with SAR 428.34 billion recorded the corresponding period last year.