Saudi merchandise imports rise 15% in February

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Saudi Arabia’s merchandise imports grew by 15% year-on-year (YoY) in February to SAR 56.6 billion, according to data issued by the General Authority for Statistics (GASTAT).

Meanwhile, imports fell 16%, or about about SAR 11.1 billion, month-on-month (MoM).

Saudi Merchandise Imports (SAR mln)*
Month	2022	2023	Value	Change
January	52458	67635	+15177	+29%
February	49132	56584	+7452	+15%
March	55961	--	--	--
April	56372	--	--	--
May	54838	--	--	--
June	61663	--	--	--
July	57596	--	--	--
August	63790	--	--	--
September	61131	--	--	--
October	66242	--	--	--
November	64751	--	--	--
December	64760	--	--	--

*Data is updated periodically

The increase in the Kingdom’s imports was driven by machinery and mechanical appliances, which accounted for 20.8% of total imports, followed by transport equipment and parts thereof, representing 16.3%.

Saudi Imports Value in February 2023 (SAR mln)
Product	February 2022	February 2023	Change value	Change (%)
Machinery and Mechanical Appliances; Electrical Equipment; Parts Thereof	9849.9	11749.0	+1899.1	+19%
Vehicles, Aircraft, Vessels and Associated Transport Equipment	6368.0	9250.0	+2882.0	+45%
Products of the Chemical or Allied Industries	6048.7	5706.2	(342.5)	(6%)
Base Metals and Articles of Base Metals	4788.7	5532.9	+744.2	+16%
Metal Products	2936.1	3192.3	+256.2	+9%
Vegetable Products	2616.6	2991.2	+374.6	+14%
Prepared Foodstuffs; Beverages, Spirits and Vinegar; Tobacco and Manufactured Tobacco Substitutes	2523.9	2862.4	+338.4	+13%
Natural or Cultured Pearls, Precious or Semi-Precious Stones and Others	1328.4	2196.8	+868.4	+65%
Textiles and Textile Articles Plastics and Articles Thereof;	1964.4	2169.3	+204.9	+10%
Plastics and Articles Thereof; Rubber and Articles Thereof	1920.5	2054.2	+133.8	+7%
Other	8786.4	8879.2	+92.8	+1%
Total	49131.5	56583.5	+7452.0	+15%

China topped the Kingdom's list of exporters with SAR 13.2 billion, accounting for 23% of the total value of Saudi imports in February. The US and UAE followed in the second and third positions at 9% and 7%, respectively.

The top 10 exporters accounted for about 64.4%, or SAR 36.4 billion, of the Kingdom’s imports, as indicated below:

Top 10 Exporters to Saudi Arabia in February 2023 (SAR mln)
Country	February 2022	February 2023	Change (%)
China	11124.1	13249.9	+19%
US	4737.0	5055.0	+7%
UAE	3125.2	3813.2	+22%
India	2372.1	3330.3	+40%
Germany	2007.9	2576.9	+28%
Japan	1552.3	2282.2	+47%
South Korea	1225.3	1813.9	+48%
Italy	1587.4	1495.7	(6%)
Switzerland	960.2	1415.0	+47%
Egypt	1825.0	1406.8	(23%)
Other Countries	18615.1	20144.5	+8%
Total	49131.5	56583.5	+15%

Details and Historical Data of Imports

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