Riyadh – Trade exchange between Saudi Arabia and the GCC nations has surpassed SAR 37.8 billion ($10.1 billion) during the period between January and May, according to Mubasher's statistics based on the General Authority for Statistics’ (GASTAT) data.
Saudi exports to the GCC amounted to SAR 13.8 billion ($3.7 billion), while its imports from the five Gulf nations stood at SAR 24.1 billion ($6.4 billion) in the first five months of 2018.
The kingdom registered a non-oil trade deficit at a value of SAR 9.7 billion ($2.6 billion) from the January-May period of this year.
The UAE was the largest partner of Saudi Arabia after the kingdom exported at SAR 8.2 billion ($2.2 billion), against SAR 19.63 billion ($5.2 billion) in imports.
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