Saudi merchandise imports rise 27% to SAR 60 bln in September

10/12/2022 Argaam Special

Saudi merchandise imports rise 27% to SAR 60 bln in September

Jeddah Islamic Port


Saudi Arabia’s merchandize imports rose by 27% year-on-year (YoY) in September to SAR 60.05 billion, according to data issued by the General Authority for Statistics (GASTAT).

 

Imports declined by SAR 3.46 billion, or 5% in September, compared to August.

 

Saudi Merchandize Imports (SAR mln)

Month

2021

2022

Value

Variation

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

57596

+10996

+24%

August

50830

63506

+12676

+25%

September

47327

60047

+12720

+27%

October

45852

--

--

--

November

49559

--

--

--

December

53203

--

--

--

*Data are updated regularly

 

 

The increase in the Kingdom’s imports in September was driven by a SAR 2 billion, or 20% hike, in its machinery and mechanical appliances; electrical equipment and parts thereof, and a SAR 3.64 billion in vehicles, aircraft, vessels and associated transport equipment.

 

Saudi Imports Value in September 2022 (SAR mln)

Product

September 2021

September 2022

Change Value

Change (%)

Machinery and Mechanical Appliances; Electrical Equipment; Parts Thereof

9931.1

11926.2

+1995.1

+20%

Vehicles, Aircraft, Vessels and Associated Transport Equipment

5809.0

9453.2

+3644.2

+63%

Products of the Chemical or Allied Industries

4878.5

5552.5

+673.9

+14%

Base Metals and Articles of Base Metal

4403.6

5547.8

+1144.2

+26%

Mineral Products

3432.8

4851.4

+1418.6

+41%

Vegetable Products

3290.4

4200.9

+910.5

+28%

Prepared Foodstuffs; Beverages, Spirits

and Vinegar; Tobacco and

Manufactured Tobacco Substitutes

2681.4

2855.1

+173.7

+6%

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

1416.2

2554.1

+1137.9

+80%

Textiles and Textile Articles

1988.4

2165.5

+177.1

+9%

Plastics and Articles Thereof; Rubber and

Articles Thereof

1977.3

2136.6

+159.3

+8%

Other

7518.3

8804.1

+1285.8

+17%

Total

47327.0

60047.3

+12720.3

+27%

 

China topped the Kingdom's list of countries for imports, amounting to SAR 10.86 billion, accounting for 20% of the total value of imports in September.

 

The US and the UAE came in the second and third positions at 12% and 7%, respectively.

 

The top 10 exporters to Saudi Arabia accounted for 61.3%, or SAR 36.8 billion, of the Kingdom's total imports in September.

 

Top 10 exporters to Saudi Arabia in September 2022 (SAR mln)

Country

September 2021

September 2022

Change (%)

China

9884.9

11856.5

+20%

US

4227.0

7032.3

+66%

UAE

3148.3

4110.4

+31%

India

3024.1

3457.0

+14%

Germany

2209.1

2595.5

+17%

Switzerland

814.3

1783.8

+119%

South Korea

1304.4

1716.4

+32%

Japan

1561.0

1605.3

+3%

Italy

1215.6

1415.2

+16%

UK

979.1

1245.8

+27%

Other countries

18959.0

23229.2

+23%

Total

9884.9

11856.5

+20%

 
 

 

 

Details and Historical Data of Imports

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