Saudi merchandise imports dip 1% to SAR 60.3B in April

Jeddah Islamic Port

Saudi Arabia’s merchandise imports fell 1% year-on-year (YoY) to almost SAR 60.3 billion, according to data issued by the General Authority for Statistics (GASTAT).

For more details on merchandise imports from Argaam Tools

Meanwhile, merchandise imports decreased 17%, or nearly SAR 12.7 billion, month-on-month (MoM), as follows:

Saudi Merchandise Imports (SAR bln)*
Month	2023	2024	Value	YoY Change (%)
January	66.07	67.04	+10.95	+1%
February	56.20	67.14	+6.31	+19%
March	66.69	72.99	(0.82)	+9%
April	61.12	60.30	+10.95	(1%)
May	68.44	--	--	--
June	60.80	--	--	--
July	66.79	--	--	--
August	67.44	--	--	--
September	60.75	--	--	--
October	74.87	--	--	--
November	64.66	--	--	--
December	62.20	--	--	--

*Data is updated periodically.

Imports of machinery and mechanical appliances; electrical equipment, and their parts accounted for 27%, or SAR 16 billion, of the total Saudi imports in April.

Vehicles, aircraft, vessels, and associated transport equipment came second at 12%.

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

Saudi Imports Value in April (SAR mln)
Segment	April 2023	April 2024	Value	Change
Machinery and Mechanical Appliances; Electrical Equipment; Parts Thereof	12113.1	16034.7	+3921.6	+32%
Vehicles, Aircraft, Vessels, and Associated Transport Equipment	9324.1	7040.6	(2283.5)	(24%)
Base Metals and Articles of Base Metal	5374.9	6181.7	+806.9	+15%
Products of the Chemical or Allied Industries	5408.4	5969.6	+561.1	+10%
Mineral Products	6507.5	3379.9	(3127.7)	(48%)
Natural or Cultured Pearls, Precious or Semi-Precious Stones and Others	2237.4	3045.5	+808.0	+36%
Prepared Foodstuffs; Beverages, Spirits and Vinegar; Tobacco and Manufactured Tobacco Substitutes	2774.0	2974.6	+200.7	+7%
Vegetable Products	3873.8	2854.9	(1018.9)	(26%)
Live animals and animal products	1738.3	2236.7	+498.4	29%+
Plastics and Articles Thereof; Rubber and Articles Thereof	2163.9	2213.9	+50.0	2+%
Others	9601.6	8365.5	(1236.1)	(12%)
Total	61117.0	60297.6	(819.4)	(1%)

Saudi Arabia’s imports came mainly from China in April, valued at SAR 13.49 billion or 22% of the total.

The US and the UAE followed with SAR 5.03 billion and SAR 3.96 billion, respectively.

The top 10 exporters to Saudi Arabia accounted for almost 62%, or SAR 37.5 billion, of the total imports in April, as shown below:

Top 10 Exporters to Saudi Arabia in April 2024 (SAR bln)
Country	Value	% of imports
China	13.49	22.4%
US	5.03	8.3%
India	3.96	6.6%
UAE	2.97	4.9%
Germany	2.36	3.9%
Switzerland	2.28	3.9%
Italy	2.24	3.7%
Japan	2.16	3.6%
Vietnam	1.52	2.5%
Egypt	1.50	2.5%
Other Countries	22.78	37.8%
Total	60.30	100.0%

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