Saudi merchandize imports rise to SAR 51.8 bln in January; China top exporter at 24%

07/04/2022 Argaam Special
Jeddah Islamic Port

Jeddah Islamic Port


Saudi Arabia’s merchandize imports rose by 8% year-on-year (YoY) to SAR 51.8 billion in January 2022, according to data issued by the General Authority for Statistics (GASTAT).

 

Imports declined by SAR 2.5 billion, or 5%, in January from December 2021.

 

Saudi Merchandize Imports (SAR mln)

Month

2021

2022

Value

Change

January  

47,937

51,806

+3,869

+8%

February

40,842

--

--

--

March  

50,723

--

--

--

April

49,988

--

--

--

May

45,076

--

--

--

June

47,351

--

--

--

July

47,303

--

--

--

August

51,731

--

--

--

September

47,522

--

--

--

October

47,038

--

--

--

November

50,695

--

--

--

December

54,310

--

--

--

*Data is periodically updated.

 

 

The increase in the Kingdom’s imports in January was driven by a SAR 2.3 billion hike, or 25%, in its imports of machinery, mechanical appliances, electrical equipment and parts thereof. That is in addition to a 32% rise, or SAR 1.35 billion, in products of the chemical or allied industries.

 

Saudi Imports Value in January 2022 (SAR mln)

Product

January 2021

January 2022

Change Value

Change (%)

Machinery and Mechanical Appliances; Electrical Equipment; Parts Thereof

9258

11558

2300

+25%

Vehicles, Aircraft, Vessels and Associated Transport Equipment

8163

7793

(370)

(5%)

Products of the Chemical or Allied Industries

4164

5516

1353

+32%

Base Metals and Articles of Base Metal

4033

4551

518

+13%

Vegetable Products

2445

3408

963

+39%

Prepared Foodstuffs; Beverages, Spirits

and Vinegar; Tobacco and

Manufactured Tobacco Substitutes

2339

2696

357

+15%

Plastics and Articles Thereof; Rubber and

Articles Thereof

1523

1964

441

+29%

Textiles and Textile Articles

1598

1880

282

+18%

Natural or Cultured Pearls, Precious or Semi-Precious Stones and Others

1647

1677

30

+2%

Livestock and Articles Thereof

1648

1655

7

+0.4%

Other

11121

9109

(2012)

(18%)

Total

47937

51806

3868

+8%

 

China topped the Kingdom's list of importers, amounting to SAR 12.4 billion, accounting for 24% of the total value of imports in January.

 

The US and UAE came in second and third, at 10% and 5%, respectively.

 

Top 10 Exporters to Saudi Arabia in January 2022 (SAR mln)

Country

January 2021

January 2022

Change (%)

China

9622.3

12359.7

+28%

USA

7964.8

4975.2

(38%)

UAE

3746.5

2820.9

(25%)

India

2685.2

2515.2

(6%)

Germany

2217.9

2129.8

(4%)

South Korea

979.3

1945.5

+99%

Japan

1913.5

1749.3

(9%)

France

1824.4

1728.0

(5%)

Egypt

559.2

1572.5

+181%

Italy

1280.0

1486.5

+16%

Other countries

15144.1

18523.0

+22%

Total

47937.3

51805.7

+8%

 

 

Details and Historical Data of Imports

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.