Saudi merchandize imports rise 8% to SAR 46.3 bln in October

28/12/2021 Argaam Special

Jeddah Islamic Port


Saudi Arabia’s merchandize imports increased by 8% year-on-year (YoY) in October to SAR 46.3 billion, according to data issued by the General Authority for Statistics (GASTAT).

 

Imports fell by 2%, or nearly SAR 1.13 billion in October, compared to September.

 

Saudi merchandize Imports (SAR mln)*

Month

2020

2021

Value

Variation

January

46018

47937

+1919

+4%

February

43044

40842

(2202)

(5%)

March

43319

50723

+7404

+17%

April

41790

49988

+8198

+20%

May

36916

45076

+8160

+22%

June

46143

47351

+1208

+3%

July

40298

47303

+7005

+17%

August

40739

51731

+10992

+27%

September

41995

47425

+5430

+13%

October

43035

46294

+3259

+8%

November

48715

--

--

--

December

45479

--

--

--

*Data is updated periodically

 

 

The jump in the Kingdom’s imports in October was primarily driven by an increase of 191%, or SAR 1.28 billion, in imports of natural or cultured pearls and precious or semi-precious stones, and a rise of 68%, or SAR 1.15 billion, in the imports of the mineral products.

 

Saudi Imports Value in October (SAR mln)

Product

October

2020

October

2021

Variation

Value

Variation Percentage

Machinery and mechanical appliances; electrical equipment; parts thereof;

9503.3

9867.4

+364.1

+4%

Vehicles, aircraft, vessels and associated transport equipment

6705.7

6458.6

(247.1)

(%4)

Chemical Industries and

articles thereof

4014.3

5073.7

+1059.5

+26%

Base metals and articles of base metal

4453.9

4521.6

+67.7

+2%

Mineral products

1685.3

2831.8

+1146.5

+68%

Vegetable products

2817.2

2307.2

(510.0)

(%18)

Prepared foodstuffs; beverages, spirits and vinegar; tobacco and

manufactured tobacco substitutes

2207.4

2280.8

+73.5

+3%

Natural or cultured pearls, precious or semi-precious stones, precious metals

670.9

1952.3

+1281.4

+191%

Textiles and textile articles

1898.2

1816.9

(81.2)

(%4)

Plastics and articles thereof; rubber and articles thereof

1637.2

1720.4

+83.2

+5%

Others

7442.0

7463.6

+21.6

+0.3%

Total

43035.3

46294.3

+3259.0

+8%

 

China topped the Kingdom's list of countries for imports, with approximately SAR 9.36 billion, or 20% of the total value of imports in October.

 

US and the UAE came in the second and third positions at 9% each.

 

Top 10 exporters to Saudi Arabia in October (SAR mln)

Country

October

2020

October

2021

Variation

China

8585.3

9357.5

+9%

US

4234.6

4322.6

+2%

UAE

3126.1

4105.3

+31%

Germany

2178.8

2383.6

+9%

India

2100.7

2241.9

+7%

Egypt

887.6

1595.2

+80%

Japan

1844.5

1386.8

(25%)

Italy

1337.1

1385.6

+4%

France

1257.7

1346.0

+7%

Indonesia

549.5

1306.6

+138%

Other Countries

16933.40

16863.30

(0.4%)

Total

43035.3

46294.3

+8%

 
 

Details and Historical Data of Imports

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