Saudi merchandise imports up 21% to SAR 67.7 bln in May

A Saudi Port

Saudi Arabia’s merchandise imports grew by nearly 21% year-on-year (YoY) in May 2023 to SAR 67.7 billion, according to data issued by the General Authority for Statistics (GASTAT).

Meanwhile, Saudi imports rose by 17%, or about SAR 9.8 billion, in May 2023 compared to April 2023.

Saudi Merchandise Imports (SAR mln)
Month	2022	2023	Variation	Value
January	52.35	67.69	15.34	29%
February	49.27	57.31	8.05	16 %
March	56.29	69.04	12.75	23%
April	57.32	57.88	0.57	1%
May	55.96	67.67	11.71	21%
June	62.07	--	--	--
July	57.56	--	--	--
August	63.80	--	--	--
September	61.46	--	--	--
October	66.28	--	--	--
November	64.75	--	--	--
December	64.94	--	--	--

*Data is updated periodically

Machinery, automatic devices, electrical equipment, and their parts topped Saudi Arabia’s imports during May 2023, with a value of SAR 15 billion, followed by vehicles, aircraft, ships, and similar transport equipment, with a value of SAR 11.4 billion.

Imports in May 2023 by Cateogry (SAR mln)
Category	May 2022	May 2023	Variation Value	Variation Ratio
Machinery and mechanical devices; electrical equipment; their parts	10599.0	15026.4	+4427.4	+42%
Vehicles, aircraft, steamships, and similar transport equipment	6942.8	11424.7	+4481.8	+65%
Chemical industry and related products	5524.2	7303.0	+1778.8	+32%
Base metals and related products	5209.4	5651.4	+442.0	+8%
Metal products	5636.0	4788.3	(847.7)	(15%)
Natural or cultured pearls, génuine or semi-genuine stones	3305.0	3708.4	+403.4	+12%
Vegan products	2779.8	3005.3	+225.5	+8%
Food industry products; beverages; alcohol and vinegar; tobacco and manufactured tobacco substitutes	2949.8	2906.0	(43.9)	(1%)
Plastic and related products; rubber and related products	2190.1	2579.8	+389.8	+18%
Alive animals and animal products	2101.6	2121.1	+19.5	+1%
Other	8721.2	9157.4	+436.2	+5%
Total	55959.0	67671.7	+11712.8	+21%

China topped the Kingdom's list of countries for imports, amounting to SAR 15.7 billion, accounting for 23% of the total value of imports in May 2023, followed by the USA and UAE at SAR 5.7 billion and SAR 3.7 billion, respectively.

The top 10 countries from which imports were made accounted for about 64% of the total imports, at a value of SAR 43.3 billion, as shown in the following table:

Exporters to Saudi Arabia in May 2023 (SAR mln)
Country	May 2022	May 2023	Variation	Percentage of Total Imports
Country	10326.7	15697.3	+52%	23.2%
China	5186.8	5678.9	+9%	8.4%
USA	3543.8	3660.4	+3%	5.4%
UAE	3200.4	3526.5	+10%	5.2%
India	2219.2	3126.4	+41%	4.6%
Germany	2026.1	2998.9	+48%	4.4%
Switzerland	1595.0	2314.4	+45%	3.4%
South Korea	1901.1	2151.9	+13%	3.2%
Japan	405.0	2112.9	+422%	3.1%
United Russia	1621.9	1987.3	+23%	2.9%
Italy	23933.0	24416.8	+2%	36.1%
Other Countries	55959.0	67671.7	+21%	100.0%

Details and Historical Data of Imports

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