Jeddah Islamic Port
Saudi Arabia’s merchandise imports rose 22% year-on-year (YoY) to SAR 53.9 billion in May 2022, according to data issued by the General Authority for Statistics (GASTAT).
Imports for the same month declined YoY by SAR 2.24 billion, or 4%, as shown below:
Saudi Merchandise Imports (SAR mln) |
||||
Month |
2021 |
2022 |
Value |
Change |
January |
48051 |
52458 |
+4407 |
+9% |
February |
41041 |
49132 |
+8091 |
+20% |
March |
50300 |
55961 |
+5661 |
+11% |
April |
49703 |
56102 |
+6399 |
+13% |
May |
44214 |
53862 |
+9648 |
+22% |
June |
46507 |
-- |
-- |
-- |
July |
46600 |
-- |
-- |
-- |
August |
50830 |
-- |
-- |
-- |
September |
47327 |
-- |
-- |
-- |
October |
45852 |
-- |
-- |
-- |
November |
49559 |
-- |
-- |
-- |
December |
53203 |
-- |
-- |
-- |
The increase in the Kingdom’s imports in May was driven by a SAR 2.06 billion rise, or 24%, in "machinery and mechanical appliances; electrical equipment; parts thereof". This is in addition to other sections.
The following table indicates details of imports in May 2022 by sections:
Saudi Imports Value in May 2022 (SAR mln) |
||||
Section |
May 2021 |
May 2022 |
Change Value |
Change |
Machinery and Mechanical Appliances; Electrical Equipment; Parts Thereof |
8455.0 |
10511.9 |
+2056.9 |
+24% |
Vehicles, Aircraft, Vessels and Associated Transport Equipment |
6152.4 |
6909.8 |
+757.4 |
+12% |
Products of the Chemical or Allied Industries |
5112.2 |
5420.3 |
+308.1 |
+6% |
Base Metals and Articles of Base Metals |
4635.9 |
5121.5 |
+485.6 |
+10% |
Metal Products |
2620.1 |
4334.9 |
+1714.8 |
+65% |
Natural or cultured pearls, precious or semi-precious stones, and other |
1452.4 |
3304.6 |
+1852.1 |
+128% |
Prepared Foodstuffs; Beverages, Spirits and Vinegar; Tobacco and Manufactured Tobacco Substitutes |
2307.7 |
2875.0 |
+567.3 |
+25% |
Vegetable Products |
2787.4 |
2748.0 |
(39.3) |
(1%) |
Rubber and Articles Thereof |
1879.7 |
2178.3 |
+298.6 |
+16% |
Livestock and Articles Thereof |
1386.7 |
2096.8 |
+710.1 |
+51% |
Other |
7424.7 |
8360.6 |
+935.9 |
+13% |
Total |
44214.2 |
53861.6 |
+9647.5 |
+22% |
The US and UAE came in second and third, at 10% and 6%, respectively.
The top 10 countries from which imports were made accounted for about 62.3% of the total imports, equivalent to SAR 33.5 billion, as the following table shows:
Top 10 Exporters to Saudi Arabia in May 2022 (SAR mln) |
|||
Country |
May 2021 |
May 2022 |
Change |
China |
8019.6 |
10159.7 |
+27% |
USA |
4679.5 |
5155.4 |
+10% |
UAE |
4117.1 |
3500.1 |
(15%) |
India |
2087.2 |
3170.4 |
+52% |
Germany |
2682.9 |
2208.2 |
(18%) |
Switzerland |
549.2 |
2003.5 |
+265% |
Oman |
699.5 |
1977.1 |
+183% |
Japan |
1812.9 |
1899.4 |
+5% |
Egypt |
1515.0 |
1847.3 |
+22% |
Italy |
1498.3 |
1610.8 |
+8% |
Other countries |
16553.0 |
20329.9 |
+23% |
Total |
44214.2 |
53861.6 |
+22% |
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