Jeddah Islamic Port
Saudi Arabia’s merchandise imports rose by 18% year-on-year (YoY) to SAR 48.3 billion in February 2022, according to data issued by the General Authority for Statistics (GASTAT).
Imports declined by SAR 4.11 billion, or 8%, in February compared with a year earlier.
|
Saudi Merchandise Imports (SAR mln) |
||||
|
Month |
2021 |
2022 |
Value |
Change |
|
January |
47937 |
52398 |
+4461 |
+9% |
|
February |
40842 |
48289 |
+7447 |
+18% |
|
March |
50723 |
-- |
-- |
-- |
|
April |
49988 |
-- |
-- |
-- |
|
May |
45076 |
-- |
-- |
-- |
|
June |
47351 |
-- |
-- |
-- |
|
July |
47303 |
-- |
-- |
-- |
|
August |
51731 |
-- |
-- |
-- |
|
September |
47522 |
-- |
-- |
-- |
|
October |
47038 |
-- |
-- |
-- |
|
November |
50695 |
-- |
-- |
-- |
|
December |
54328 |
-- |
-- |
-- |
The increase in the Kingdom’s imports in February was driven by a SAR 1.62 billion rise, or 37%, in its products of the chemical or allied industries. This is in addition to a 123% surge, or SAR 1.61 billion, in base metals and articles of base metals.
|
Saudi Imports Value in February 2022 (SAR mln) |
||||
|
Product |
February 2021 |
February 2022 |
Change Value |
Change (%) |
|
Machinery and Mechanical Appliances; Electrical Equipment; Parts Thereof |
8902.6 |
9680.4 |
+777.8 |
+9% |
|
Vehicles, Aircraft, Vessels and Associated Transport Equipment |
5588.1 |
6359.1 |
+770.9 |
+14% |
|
Products of the Chemical or Allied Industries |
4405.7 |
6026.0 |
+1620.4 |
+37% |
|
Metal Products |
3315.4 |
4749.8 |
+1434.4 |
+43% |
|
Base Metals and Articles of Base Metals |
1305.8 |
2913.5 |
+1607.7 |
+123% |
|
Prepared Foodstuffs; Beverages, Spirits and Vinegar; Tobacco and Manufactured Tobacco Substitutes |
2097.4 |
2446.3 |
+349.0 |
+17% |
|
Vegetable Products |
2690.8 |
2197.6 |
(493.3) |
(18%) |
|
Textiles and Textile Articles Plastics and Articles Thereof; |
1782.4 |
1947.9 |
+165.6 |
+9% |
|
Rubber and Articles Thereof |
1626.4 |
1913.4 |
+287.0 |
+18% |
|
Livestock and Articles Thereof |
1592.0 |
1677.5 |
+85.5 |
+5% |
|
Other |
7535.5 |
8377.4 |
+841.9 |
+11% |
|
Total |
40842.2 |
48289.0 |
+7446.7 |
+18% |
China topped the Kingdom's list of importers, amounting to SAR 11.01 billion, accounting for 23% of the total value of imports in February.
The US and UAE came in second and third, at 10% and 6%, respectively.
|
Top 10 Exporters to Saudi Arabia in January 2022 (SAR mln) |
|||
|
Country |
February 2021 |
February 2022 |
Change (%) |
|
China |
9585.0 |
11010.5 |
+15% |
|
USA |
3354.3 |
4719.1 |
+41% |
|
UAE |
3837.5 |
3115.2 |
(19%) |
|
India |
2061.4 |
2301.3 |
+12% |
|
Germany |
2056.1 |
1992.3 |
(3%) |
|
Egypt |
1193.3 |
1824.5 |
+53% |
|
Italy |
1300.7 |
1552.4 |
+19% |
|
Japan |
1823.7 |
1550.9 |
(15%) |
|
France |
1431.4 |
1342.2 |
(6) |
|
South Korea |
906.3 |
1221.6 |
+35% |
|
Other countries |
13292.60 |
17658.90 |
+33% |
|
Total |
40842.2 |
48289.0 |
+18% |
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