Saudi merchandise imports rise to SAR 68.9 bln in July

A Saudi port

Saudi Arabia’s merchandise imports increased 20% year-on-year (YoY) to almost SAR 68.9 billion in July, according to data issued by the General Authority for Statistics (GASTAT).

Imports also rose 7% month-on-month (MoM), or by about SAR 4.31 billion, as shown below:

*Saudi Merchandise Imports (SAR bln)**
Month	2022	2023	Value	Change
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	58.31	0.99	2%
May	55.96	69.54	13.58	24%
June	62.07	64.59	2.52	4%
July	57.56	68.90	11.34	20%
August	63.80	--	--	--
September	61.46	--	--	--
October	66.28	--	--	--
November	64.75	--	--	--
December	64.94	--	--	--

*Data is periodically updated.

Total Impots (Billion SAR)

Machinery and mechanical appliances, electrical equipment and parts thereof topped imports in July, representing 21% (or SAR 14.8 billion) of the total Saudi imports. Vehicles, aircraft, vessels, and associated transport equipment accounted for 18%.

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

Saudi Imports by segment in July (SAR mln)
Segment	July 2022	July 2023	Change Value	Change (%)
Machinery and Mechanical Appliances; Electrical Equipment; Parts Thereof	9818.4	14772.6	+4954.1	+50%
Vehicles, Aircraft, Vessels and Associated Transport Equipment	7229.2	12732.4	+5503.2	+76%
Products of the Chemical or Allied Industries	5450.2	6500.7	+1050.5	+19%
Base Metals and Articles of Base Metals	5337.6	5626.6	+288.9	+5%
Mineral Products	6639.6	3887.3	(2752.3)	(41%)
Natural or Cultured Pearls, Precious or Semi-Precious Stones and Others	3319.8	3660.3	+340.4	+10%
Food Industry Products, Beverages, Alcoholic Liquids and Vinegar, Tobacco and Manufactured Tobacco Substitutes	2677.0	2997.8	+320.8	+12%
Vegetable Products	3202.1	2743.9	(458.2)	(14%)
Plastics and Articles thereof; Rubber and Articles thereof	2211.7	2500.5	+288.8	+13%
Instruments and Apparatus for Optics or Photography, Instruments and Apparatus for Medicine or Surgery, etc	1617.9	2138.4	+520.5	+32%
Others	10052.0	11343.5	+1291.5	+13%
Total	57555.6	68904.0	+11348.4	+20%

China topped the Kingdom's list of exporting countries with SAR 13.9 billion, accounting for 20% of the total value of imports in July. The US and UAE followed, with SAR 6.01 billion and SAR 4.27 billion, respectively.

The top 10 exporters to Saudi Arabia accounted for almost 61%, or SAR 42.1 billion, of the Kingdom's total imports in July, as shown below:

Top 10 Exporters to Saudi Arabia in July (SAR bln)
Country	Value	% of Imports
China	13.92	20.2%
US	6.01	8.7%
UAE	4.27	6.2%
India	3.95	5.7%
Germany	2.87	4.2%
Switzerland	2.75	4.0%
Japan	2.70	3.9%
South Korea	2.18	3.2%
Italy	1.92	2.8%
Thailand	1.48	2.2%
Other Countries	26.85	39.0%
Total	68.90	100.0%

Details and Historical Data of Imports

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