Saudi merchandise imports rise 15% to SAR 69.9B in September

Saudi Arabia’s merchandise imports increased 15% year-on-year (YoY) in September to SAR 69.9 billion, according to data issued by the General Authority for Statistics (GASTAT).

Meanwhile, merchandise imports rose 1%, or nearly SAR 436.2 million, month-on-month (MoM), as follows:

Saudi Merchandise Imports (SAR bln)*
Month	2023	2024	Value	YoY Change (%)
January	66.07	67.04	+0.97	+1%
February	56.20	67.14	+10.95	+19%
March	66.69	73.59	+6.90	+10%
April	61.12	63.99	+2.88	+5%
May	68.44	75.02	+6.58	+10%
June	60.80	69.27	+8.47	+14%
July	66.79	77.92	+11.13	+17%
August	67.44	69.45	+2.01	+3%
September	60.75	69.89	+9.14	+15%
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 19.2 billion, of the total Saudi imports in September.

Vehicles, aircraft, vessels, and associated transport equipment came in second at 16%.

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

Saudi Imports Value in September (SAR mln)
Segment	September 2023	September 2024	Value	Change (%)
Machinery and Mechanical Appliances; Electrical Equipment; Parts Thereof	13.0	19.2	+6.2	+47%
Vehicles, Aircraft, Vessels, and Associated Transport Equipment	9.3	11.3	+2.1	+22%
Products of the Chemical or Allied Industries	5.2	7.2	+2.0	+38%
Base Metals and Articles of Base Metal	5.8	6.1	+0.3	+5%
Mineral Products	6.1	4.2	(2.0)	(32%)
Vegetable Products	2.7	2.7	(0.1)	(2%)
Prepared Foodstuffs; Beverages, Spirits, and Vinegar; Tobacco and Manufactured Tobacco Substitutes	2.8	2.7	(0.2)	(6%)
Plastics and Articles Thereof; Rubber and Articles Thereof	2.1	2.6	+0.6	+27%
Optical, Photo, & Film Equipment	1.8	2.1	+0.3	+19%
Live animals and animal products	1.9	1.9	+0.1	+3%
Others	10.0	9.8	(0.1)	(1%)
Total	60.8	69.9	+9.1	+15%

Saudi Arabia’s imports came mainly from China in September, valued at SAR 18 billion, or 26% of the total. The US followed with SAR 5.4 billion.

The top 10 exporters to Saudi Arabia accounted for 63%, or SAR 44.1 billion, of the total imports in September, as shown below:

Top 10 Exporters to Saudi Arabia in September 2024 (SAR bln)
Country	Value	% of imports
China	18.0	25.8%
US	5.4	7.7%
Germany	3.5	4.9%
UAE	3.4	4.9%
India	3.2	4.6%
Italy	2.5	3.6%
Japan	2.3	3.3%
Indonesia	2.1	3.0%
Egypt	2.1	3.0%
Russia	1.6	2.3%
Other Countries	25.8	36.8%
Total	69.9	100.0%

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