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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
Saudi ArabiaSaudi Arabia Balance of Trade climbed to 57.4B in March 2026
FMPMonthlyReleased May 2026
Saudi Arabia Balance of Trade climbed to 57.4B in March 2026, released May 2026, up 38.3B from February's 19.1B reading. The print exceeded the 20B consensus by 37.4B. Balance of Trade has now risen for 4 consecutive months. Over the past 3 months, Balance of Trade averaged 17.77B, vs 25B in the prior 3-month window. Balance of Trade is now the highest in 31 months.
Latest Release
57.4
Actual
20
Consensus
19.1
Previous
Median Absolute Error
±7.55 billion
across last 12 releases
Last Call
May 2026
Predicted: 15.33
Actual: 57.4
Error: -42.08
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
THE RELEASE
Balance of Trade (Saudi Arabia) was reported at 57.40 billion in May 2026. This beat the market consensus of 20.00 billion by 37.40 billion. The reading rose from the previous value of 19.10 billion. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 23.46 billion, ranging from 9.50 billion to 57.40 billion across 10 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 29.23 billion, up from the prior three at 24.73 billion. Volatility over the past year (σ 12.65 billion) is higher than the prior year (σ 7.89 billion). In May readings over the past 3 years, Balance of Trade has averaged 36.87 billion.
THE MODEL'S TAKE
Over the last 12 releases, the Sigmacast model's median absolute error is 7.55 billion.
WHAT TO WATCH NEXT
The next release is scheduled for June 25, 2026.
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Balance of Trade - SA
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About Balance of Trade — Saudi Arabia
DEFINITION
The Balance of Trade is a financial indicator that measures the difference between a country's exports and imports of goods and services. It is an important measure of a country's economic health and can indicate whether a country is running a trade surplus or deficit. A positive balance of trade indicates that a country is exporting more than it is importing, while a negative balance of trade suggests the opposite. This indicator is closely monitored by economists and policymakers as it can impact a country's currency value, inflation, and overall economic growth.
WHY THIS INDICATOR MATTERS
Trade-balance and tariff data inform exchange-rate fundamentals and feed directly into GDP via the net-exports channel. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Mar 2026): actual 57.4 B, consensus 20 B. Prior reading (Feb 2026): 23 B. Before that (Jan 2026): 17.3 B.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.