Saudi merchandise imports rise to SAR 200B in Q3 2023

Saudi Merchandise Imports

Period

Value (SAR bln)

Change YoY

Q1 2017

125.72

--

Q2

126.71

--

Q3

123.85

--

Q4

128.16

--

Q1 2018

126.06

+0.3%

Q2

133.02

+5%

Q3

128.02

+3%

Q4

126.90

(1%)

Q1 2019

132.19

+5%

Q2

151.82

+14%

Q3

145.45

+14%

Q4

144.90

+14%

Q1 2020

132.38

+0.1%

Q2

124.85

(18%)

Q3

123.03

(15%)

Q4

137.23

(5%)

Q1 2021

139.39

+5%

Q2

140.42

+12%

Q3

144.76

+18%

Q4

148.61

+8%

Q1 2022

157.90

+13%

Q2

175.35

+25%

Q3

182.81

+26%

Q4

195.97

+32%

Q1 2023

194.04

+23%

Q2

192.62

+10%

Q3

199.95

+9%

Saudi Imports Value in Q3 2023 (SAR bln)

Segment

Q3 2022

Q3 2023

Change

Change (%)

Machinery and Mechanical Appliances; Electrical Equipment and Parts Thereof

34.06

43.99

+9.93

+29%

Vehicles, Aircraft, Vessels and Associated Transport Equipment

23.50

36.16

+12.66

+54%

Products of the Chemical or Allied Industries

17.78

17.89

+0.11

+1%

Mineral Products

17.11

17.06

(0.05)

(0.3%)

Base Metals and Articles of Base Metals

17.76

13.44

(4.32)

(24%)

Natural or cultured Pearls, Precious or Semi-Precious Stones, Precious Metals

8.24

9.92

+1.68

+20%

Vegetable Products

12.73

9.41

(3.32)

(26%)

Food Industry Products, Beverages, Alcoholic Liquids and Vinegar, Tobacco and Manufactured Tobacco Substitutes

9.23

8.69

(0.55)

(6%)

Plastics and Articles thereof; Rubber and Articles thereof

6.88

6.87

(0.01)

(0.1%)

Live Animals and Animal Products

6.62

6.06

(0.56)

(8%)

Others

28.89

30.46

+1.57

+5%

Total

182.81

199.95

+17.14

+9%

Top 10 Exporters to Saudi Arabia in Q2 2023 (SAR bln)

Country

Value

Ratio to Total

China

40.55

20.3%

US

17.87

8.9%

UAE

12.05

6.0%

India

11.05

5.5%

Germany

8.18

4.1%

Switzerland

7.72

3.9%

Japan

7.34

3.7%

South Korea

6.28

3.1%

Italy

5.42

2.7%

Russia

5.26

2.6%

Other Countries

78.24

39.1%

Total

199.95

100.0%