A commercial carrier
Saudi Arabia’s merchandise imports grew by 15% year-on-year (YoY) in February to SAR 56.6 billion, according to data issued by the General Authority for Statistics (GASTAT).
Meanwhile, imports fell 16%, or about about SAR 11.1 billion, month-on-month (MoM).
|
Saudi Merchandise Imports (SAR mln)* |
||||
|
Month |
2022 |
2023 |
Value |
Change |
|
January |
52458 |
67635 |
+15177 |
+29% |
|
February |
49132 |
56584 |
+7452 |
+15% |
|
March |
55961 |
-- |
-- |
-- |
|
April |
56372 |
-- |
-- |
-- |
|
May |
54838 |
-- |
-- |
-- |
|
June |
61663 |
-- |
-- |
-- |
|
July |
57596 |
-- |
-- |
-- |
|
August |
63790 |
-- |
-- |
-- |
|
September |
61131 |
-- |
-- |
-- |
|
October |
66242 |
-- |
-- |
-- |
|
November |
64751 |
-- |
-- |
-- |
|
December |
64760 |
-- |
-- |
-- |
The increase in the Kingdom’s imports was driven by machinery and mechanical appliances, which accounted for 20.8% of total imports, followed by transport equipment and parts thereof, representing 16.3%.
|
Saudi Imports Value in February 2023 (SAR mln) |
||||
|
Product |
February 2022 |
February 2023 |
Change value |
Change (%) |
|
Machinery and Mechanical Appliances; Electrical Equipment; Parts Thereof |
9849.9 |
11749.0 |
+1899.1 |
+19% |
|
Vehicles, Aircraft, Vessels and Associated Transport Equipment |
6368.0 |
9250.0 |
+2882.0 |
+45% |
|
Products of the Chemical or Allied Industries |
6048.7 |
5706.2 |
(342.5) |
(6%) |
|
Base Metals and Articles of Base Metals |
4788.7 |
5532.9 |
+744.2 |
+16% |
|
Metal Products |
2936.1 |
3192.3 |
+256.2 |
+9% |
|
Vegetable Products |
2616.6 |
2991.2 |
+374.6 |
+14% |
|
Prepared Foodstuffs; Beverages, Spirits and Vinegar; Tobacco and Manufactured Tobacco Substitutes |
2523.9 |
2862.4 |
+338.4 |
+13% |
|
Natural or Cultured Pearls, Precious or Semi-Precious Stones and Others |
1328.4 |
2196.8 |
+868.4 |
+65% |
|
Textiles and Textile Articles Plastics and Articles Thereof; |
1964.4 |
2169.3 |
+204.9 |
+10% |
|
Plastics and Articles Thereof; Rubber and Articles Thereof |
1920.5 |
2054.2 |
+133.8 |
+7% |
|
Other |
8786.4 |
8879.2 |
+92.8 |
+1% |
|
Total |
49131.5 |
56583.5 |
+7452.0 |
+15% |
China topped the Kingdom's list of exporters with SAR 13.2 billion, accounting for 23% of the total value of Saudi imports in February. The US and UAE followed in the second and third positions at 9% and 7%, respectively.
The top 10 exporters accounted for about 64.4%, or SAR 36.4 billion, of the Kingdom’s imports, as indicated below:
|
Top 10 Exporters to Saudi Arabia in February 2023 (SAR mln) |
|||
|
Country |
February 2022 |
February 2023 |
Change (%) |
|
China |
11124.1 |
13249.9 |
+19% |
|
US |
4737.0 |
5055.0 |
+7% |
|
UAE |
3125.2 |
3813.2 |
+22% |
|
India |
2372.1 |
3330.3 |
+40% |
|
Germany |
2007.9 |
2576.9 |
+28% |
|
Japan |
1552.3 |
2282.2 |
+47% |
|
South Korea |
1225.3 |
1813.9 |
+48% |
|
Italy |
1587.4 |
1495.7 |
(6%) |
|
Switzerland |
960.2 |
1415.0 |
+47% |
|
Egypt |
1825.0 |
1406.8 |
(23%) |
|
Other Countries |
18615.1 |
20144.5 |
+8% |
|
Total |
49131.5 |
56583.5 |
+15% |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}