Jeddah Islamic Port
Saudi Arabia’s merchandise imports rose 18% year-on-year (YoY) to SAR 55.1 billion in July 2022, according to data issued by the General Authority for Statistics (GASTAT).
Imports for July fell month-on-month by SAR 5.77 billion, or 9%, as shown below:
|
Saudi Merchandise Imports (SAR mln) |
||||
|
Month |
2021 |
2022 |
Value |
Change |
|
January |
48,051 |
52,458 |
+ 4,407 |
+9% |
|
February |
41,041 |
49,132 |
+ 8,091 |
+20% |
|
March |
50,300 |
55,961 |
+ 5,661 |
+11% |
|
April |
49,703 |
56,372 |
+ 6,669 |
+13% |
|
May |
44,214 |
54,838 |
+ 10,624 |
+24% |
|
June |
46,507 |
60,914 |
+ 14,407 |
+31% |
|
July |
46,600 |
55,146 |
+ 8,546 |
+18% |
|
August |
50,830 |
-- |
-- |
-- |
|
September |
47,327 |
-- |
-- |
-- |
|
October |
45,852 |
-- |
-- |
-- |
|
November |
49,559 |
-- |
-- |
-- |
|
December |
53,203 |
-- |
-- |
-- |
*Data is updated periodically
The increase in the Kingdom’s imports in July was driven by a SAR 3.05 billion, or 160%, rise in mineral products, in addition to other products.
The following table details imports in July 2022 by sections:
|
Saudi Imports Value (SAR mln) |
||||
|
Products |
July 2021 |
July 2022 |
Change Value |
Change (%) |
|
Machinery and Mechanical Appliances; Electrical Equipment; Parts Thereof |
8,329.2 |
9,788.6 |
+1,459.3 |
+18% |
|
Vehicles, Aircraft, Vessels and Associated Transport Equipment |
8,858.5 |
7,165.6 |
(1,692.8) |
(19%) |
|
Products of the Chemical or Allied Industries |
5,217.2 |
5,488.9 |
+271.8 |
+5% |
|
Base Metals and Articles of Base Metals |
4,430.7 |
5,308.0 |
+877.3 |
+20% |
|
Mineral Products |
1,905.9 |
4,955.6 |
+3,049.7 |
+160% |
|
Natural or Cultured Pearls, Precious or Semi-precious Stones, and Other |
1,353.8 |
3,319.8 |
+1,966.0 |
+145% |
|
Vegetable Products |
2,480.6 |
2,831.8 |
+351.1 |
+14% |
|
Prepared Foodstuffs; Beverages, Spirits and Vinegar; Tobacco and Manufactured Tobacco Substitutes |
2,150.5 |
2,616.1 |
+465.5 |
+22% |
|
Livestock and Articles Thereof |
1,820.5 |
2,280.6 |
+460.1 |
+25% |
|
Rubber and Articles Thereof |
1,919.5 |
2,209.6 |
+290.1 |
+15% |
|
Other |
8,133.2 |
9,181.6 |
+1,048.4 |
+13% |
|
Total |
46,599.6 |
55,146.1 |
+8,546.5 |
+18% |
Saudi Arabia’s largest imports came from China, amounting to SAR 12.05 billion and accounting for 22% of the total value of imports in July.
The US and the UAE came in second and third with a share of 8% and 7%, respectively.
The top 10 import countries accounted for about 63.4% of the total imports, equivalent to SAR 34.9 billion, as the following table shows:
|
Top 10 Exporters to Saudi Arabia (SAR mln) |
|||
|
Country |
July 2021 |
July 2022 |
Change |
|
China |
9,838.9 |
12,047.5 |
+22% |
|
USA |
5,145.3 |
4,235.3 |
(18%) |
|
UAE |
3,140.0 |
3,794.9 |
+21% |
|
India |
2,212.2 |
3,510.4 |
+59% |
|
Germany |
2,127.1 |
2,031.9 |
(4%) |
|
Switzerland |
457.8 |
2,023.3 |
+342% |
|
Oman |
568.0 |
1,972.8 |
+247% |
|
Egypt |
1,132.9 |
1,923.9 |
+70% |
|
Japan |
1,735.5 |
1,857.5 |
+7% |
|
Italy |
1,239.3 |
1,549.4 |
+25% |
|
Others |
19,002.7 |
20,199.4 |
+6% |
|
Total |
46,599.6 |
55,146.1 |
+18% |
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