Saudi merchandise imports rise 10% to SAR 61.8 bln in March 2023

A Saudi Port

Saudi Arabia’s merchandise imports grew by 10% year-on-year (YoY) to almost SAR 61.8 billion in March, according to data issued by the General Authority for Statistics (GASTAT).

Imports climbed by 9%, or nearly SAR 4.9 billion, month-on-month (MoM), as follows:

*Saudi Merchandise Imports (SAR mln)**
Month	2022	2023	Value	YoY Change (%)
January	52351	67687	+15336	+29%
February	49266	56933	+7667	+16%
March	56288	61788	+5500	+10%
April	57324	--	--	--
May	55959	--	--	--
June	62071	--	--	--
July	57556	--	--	--
August	63797	--	--	--
September	61459	--	--	--
October	66275	--	--	--
November	64754	--	--	--
December	64939	--	--	--

*Data is updated periodically.

Saudi Merchandize Imports (SAR bln)

Source: Argaam Tools

Imports of machinery and mechanical appliances, electrical equipment and parts thereof topped imports in March, representing 20% of the total Saudi imports. It was followed by vehicles, aircraft, vessels and associated transport equipment, making up 18%.

The table below shows details of Saudi imports in March by segment:

Saudi Imports Value in March (SAR mln)
Segment	March 2022	March 2023	Value	Change
Machinery and Mechanical Appliances; Electrical Equipment; Parts Thereof	10716.9	12279.8	+1562.9	+15%
Vehicles, Aircraft, Vessels and Associated Transport Equipment	8611.4	10845.9	+2234.5	+26%
Products of the Chemical or Allied Industries	6964.8	6291.8	(673.0)	(10%)
Base Metals and Articles of Base Metal	5289.0	4584.0	(705.0)	(13%)
Mineral Products	3321.8	4485.4	+1163.5	+35%
Vegetable Products	3611.1	3248.1	(363.1)	(10%)
Prepared Foodstuffs; Beverages, Spirits and Vinegar; Tobacco and Manufactured Tobacco Substitutes	2590.8	2944.7	+353.9	+14%
Natural or Cultured Pearls, Precious or Semi-Precious Stones and Others	1626.5	2437.0	+810.6	+50%
Textile Products	2253.2	2381.8	+128.6	+6%
Plastics and Articles Thereof; Rubber and Articles Thereof	2065.1	2253.9	+188.8	+9%
Others	9237.3	10035.6	+798.3	+9%
Total	56287.9	61788.0	+5500.0	+10%

China topped the Kingdom's importers, with approximately SAR 11.7 billion, accounting for 19% of the total in March.

The US and UAE took the second and third positions, at 9% and 6%, respectively.

The top 10 exporters to Saudi Arabia accounted for almost 59.7%, or SAR 36.9 billion, of the Kingdom's total imports in March, as shown below:

Top 10 Exporters to Saudi Arabia in March (SAR mln)
Country	March 2022	March 2023	Change
China	11314.6	11740.4	+4%
US	4315.9	5436.1	+26%
UAE	3829.1	3840.8	+0.3%
India	3305.6	3296.8	(0.3%)
Germany	2244.3	2814.3	+25%
Japan	2165.9	2699.9	+25%
Singapore	748.6	2132.7	+185%
Italy	1754.2	1731.2	(1%)
Switzerland	935.1	1603.8	+72%
Bahrain	966.3	1603.5	+66%

Details and Historical Data of Imports

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