RIYADH: Saudi Arabia’s trade surplus surged 218.9 percent year on year to SR57 billion ($15.2 billion) in March, marking its sharpest annual increase in nearly five years as oil exports jumped and imports declined sharply. Figures released by the General Authority for Statistics showed merchandise exports rose 21.5 percent annually across the month, driven by a 37.4 percent increase in oil exports.
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Saudi Arabia’s trade surplus jumps 219% in March to $15bn
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