Saudi merchandise imports rise 24% to SAR 50.3 bln in August

Jeddah Islamic Port

Saudi Arabia’s merchandize imports rose by 24% year-on-year (YoY) in August to SAR 50.3 billion, according to data issued by the General Authority for Statistics (GASTAT).

Imports increased by SAR 3.1 billion, or 7% in August, compared to July.

Saudi Merchandize Imports (SAR mln)
Month	2020	2021	Value	Variation
January	46018	47937	+ 1919	+4 %
February	43044	40842	(2,202)	(5%)
March	43319	50723	+ 7404	+17%
April	41790	49988	+ 8198	+ 20%
May	36916	45076	+ 8160	+ 22%
June*	46143	47351	+ 1208	+3%
July*	40298	47235	+ 6937	+17%
August	40739	50340	+ 9601	+24%
September	41995	--	--	--
October	43035	--	--	--
November	48715	--	--	--
December	45479	--	--	--

*Data for 2021 are updated

The increase in the Kingdom’s imports in August was driven by a SAR 3.77 billion, or 66% hike, in its imports of vehicles, aircraft, vessels, and associated transport equipment, and a 593% rise in natural or cultured pearls, precious or semi-precious stones and others or by SAR 1.42 billion.

Imports from base metals & articles of base metal and mineral products also rose by SAR 1.22 billion and SAR 1.19 billion, respectively.

On the other hand, Saudi imports of vegetable products decreased by SAR 317 million, and prepared foodstuffs, beverages and others retreated by SAR 250.7 million, as the following table shows:

Saudi Imports Value in August 2021 (SAR mln)
Product	August 2020	August 2021	Variation Value	Variation (%)
Machinery and Mechanical Appliances; Electrical Equipment; Parts Thereof	8,662.2	9,537.3	+875.0	+10%
Vehicles, Aircraft, Vessels and Associated Transport Equipment	5,705.8	9,474.7	+3,768.9	+66%
Products of the Chemical or Allied Industries	4,321.3	4,938.5	+617.2	+14%
Base Metals and Articles of Base Metal	3,712.6	4,936.9	+1,224.3	+33%
Mineral Products	1,806.2	2,992.5	+1,186.2	+66%
Vegetable Products	2,772.0	2,455.0	(317.0)	(11%)
Prepared Foodstuffs; Beverages, Spirits and Vinegar; Tobacco and Manufactured Tobacco Substitutes	2,346.7	2,096.0	(250.7)	(11%)
Plastics and Articles Thereof; Rubber and Articles Thereof	1,729.4	1,832.3	102.9	+6%
Natural or Cultured Pearls, Precious or Semi-Precious Stones and Others	239.6	1,659.6	+1,420.0	+593%
Textiles and Textile Articles	1,687.5	1,655.9	(31.6)	(2%)
Other	7,755.8	8,761.4	+1,005.6	+13%
Total	40,739.3	50,340.2	+9,600.9	+24%

China topped the Kingdom's list of countries for imports, amounting to SAR 10.86 billion, accounting for 22% of the total value of imports in August.

The US and the United Arab Emirates came in the second and third positions at 10% and 8%, respectively.

Top 10 exporters to Saudi Arabia in August 2021 (SAR mln)
Country	August 2020	August 2021	Variation (%)
China	8,101.7	10,862.2	+34%
USA	4,613.8	5,228.4	+13%
UAE	2,766.7	4,071.7	+47%
India	2,106.9	2,835.3	+35%
Germany	2,146.9	2,386.2	+11%
Japan	1,065.4	2,158.1	+103%
Italy	1,661.4	1,599.9	(4%)
France	1,241.1	1,476.6	+19%
Bahrain	440.4	1,289.7	+193%
South Korea	816.8	1,090.5	+34%
Other countries	15,778.1	17,341.6	+10%
Total	40,739.3	50,340.2	+24%

Details and Historical Data of Imports

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