In December 2025, preliminary foreign trade data showed a trade surplus of US$2.43 billion. This figure compares to a surplus of US$663 million reported in November. The increase in the trade surplus between November and December 2025 stemmed from a rise in the non-oil trade surplus—which increased from US$2.838 billion in November to US$4.837 billion in December—and a widening of the oil trade deficit —which increased from US$2.175 billion to US$2.408 billion during the same period. By 2025, the trade balance showed a surplus of $771 million. This compares to a deficit of $18.541 billion observed in 2024. The ... (full story)