Jeddah Islamic Port
Saudi Arabia’s merchandize imports rose by 20% year-on-year (YoY) in August to SAR 61.02 billion, according to data issued by the General Authority for Statistics (GASTAT).
Imports grew month-on-month (MoM) by SAR 3.78 billion, or 7%, in August.
|
Saudi Merchandize 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 |
56372 |
+6669 |
+13% |
|
May |
44214 |
54838 |
+10624 |
+24% |
|
June |
46507 |
61663 |
+15156 |
+33% |
|
July |
46600 |
57238 |
+10638 |
+23% |
|
August |
50830 |
61018 |
+10188 |
+20% |
|
September |
47327 |
-- |
-- |
-- |
|
October |
45852 |
-- |
-- |
-- |
|
November |
49559 |
-- |
-- |
-- |
|
December |
53203 |
-- |
-- |
-- |
*Data is periodically updated
The increase in the Kingdom’s imports in August was driven by a 24% YoY hike in its imports of machinery and mechanical appliances, electrical equipment and parts thereof, in addition to imports of other products.
|
Saudi Imports Value in August 2021-2022 (SAR mln) |
||||
|
Product |
August 2021 |
August 2022 |
Change Value |
Change (%) |
|
Machinery and Mechanical Appliances; Electrical Equipment; Parts Thereof |
9648.1 |
11947.2 |
+2299.1 |
+24% |
|
Vehicles, Aircraft, Vessels, and Associated Transport Equipment |
8580.6 |
6763.4 |
(1817.3) |
(21%) |
|
Products of the Chemical or Allied Industries |
4967.2 |
6621.9 |
+1654.7 |
+33% |
|
Base Metals and Articles of Base Metal |
5057.5 |
5695.2 |
+637.7 |
+13% |
|
Mineral Products |
3289.2 |
5166.3 |
+1877.1 |
+57% |
|
Vegetable Products |
2727.6 |
3958.3 |
+1230.6 |
+45% |
|
Prepared Foodstuffs; Beverages, Spirits and Vinegar; Tobacco and Manufactured Tobacco Substitutes |
2179.7 |
3551.7 |
+1372.1 |
+63% |
|
Plastics and Articles Thereof; Rubber and Articles Thereof |
1846.3 |
2523.1 |
+676.8 |
+37% |
|
Live Animals and Animal Products |
1439.0 |
2388.3 |
+949.3 |
+66% |
|
Natural or Cultured Pearls, Precious or Semi-Precious Stones and Others |
1666.1 |
2369.2 |
+703.1 |
+42% |
|
Other |
9428.5 |
10033.6 |
+605.1 |
+6% |
|
Total |
50829.8 |
61018.2 |
+10188.4 |
+20% |
China topped the Kingdom's list of exporters with SAR 13.04 billion, accounting for 21% of the total value of Saudi imports in August.
The US and UAE followed in the second and third positions at 7% and 6%, respectively.
The top 10 exporters account for about 61.5% of the Kingdom’s imports, amounting to SAR 37.5 billion, as indicated below:
|
Top 10 Exporters to Saudi Arabia in August 2021-2022 (SAR mln) |
|||
|
Country |
August 2021 |
August 2022 |
Change (%) |
|
China |
10751.3 |
13043.4 |
+21% |
|
USA |
5491.2 |
4574.9 |
(17%) |
|
UAE |
4021.3 |
3906.1 |
(3%) |
|
India |
2875.8 |
3767.1 |
+31% |
|
Germany |
2470.2 |
2971.0 |
+20% |
|
Japan |
2162.0 |
2055.1 |
(5%) |
|
Egypt |
1013.7 |
1883.9 |
+86% |
|
South Korea |
1095.7 |
1819.8 |
+66% |
|
Brazil |
609.8 |
1751.8 |
+187% |
|
Italy |
1691.9 |
1726.0 |
+2% |
|
Others |
18646.7 |
23519.1 |
+26% |
|
Total |
50829.8 |
61018.2 |
+20% |
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