Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Saudi service imports rise 8.4 percent to SR120.8 billion in Q2 2026

RIYADH — Saudi Arabia’s service imports reached approximately SR120.8 billion in Q2 of 2026, while service exports totaled SR59.5 billion, according to the General Authority for Statistics (GASTAT). Service imports increased by 8.4 percent from SR111.4 billion in the first quarter, with travel service imports rising 17 percent quarter-on-quarter, one of the main factors contributing to the…

Saudi service imports rise 8.4 percent to SR120.8 billion in Q2 2026

Saudi Arabia's service imports rose by 8.4 percent to reach approximately SR120.8 billion in the second quarter of 2026, according to the General Authority for Statistics (GASTAT). In contrast, service exports decreased by 16.5 percent, falling to SR59.5 billion compared to SR71.3 billion in the same period last year.

Travel service imports experienced a significant surge, increasing by 17 percent quarter-on-quarter to reach SR25 billion. Personal travel constituted 92 percent of this category, contributing to the overall growth. Other business services imports amounted to SR18.8 billion, while construction services imports stood at SR14.5 billion.

Government services imports were valued at SR7.3 billion, and insurance and pension service imports reached SR6 billion. The telecommunications, computer, and information services category contributed SR4 billion to the exports.

Service exports, on the other hand, declined by 16.5 percent from the first quarter. Travel service exports experienced a 23.6 percent quarter-on-quarter decrease to SR33.8 billion, with personal travel accounting for 93.9 percent of these exports. Transport services ranked second in service exports at SR10.5 billion, with air transport contributing 39 percent to this category.

Telecommunications, computer, and information service exports totaled SR2.6 billion, while other business services and construction services each reached SR2.3 billion and SR1.8 billion, respectively. Lastly, financial service exports were recorded at SR1.5 billion.

Written by urgent.news from Saudi Gazette's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at saudigazette.com.sa →

More in Finance & Markets

Gas in Israel to reach all-time high at over $10 per gallon amid worldwide price hikes

The price hike comes after gasoline prices worldwide jumped by approximately 13%, amid rising crude oil prices, continued concerns over disruptions to supply chains, and global energy vulnerability.

  • Israeli gasoline prices reach all-time high of $10.17 per gallon
  • Surge driven by stronger US dollar and 13% global price rise
  • Price hike follows temporary tax reduction in September

More from Tuesday 29 September →