A commercial carrier
Saudi Arabia's exports of chemical industry and related products reached nearly SAR 6.65 billion in April 2023, marking a year-on-year (YoY) decrease of 34%.
Compared to March, exports of chemical products fell by SAR 872 million, or 12%.
Exports of chemicals represented 35% of total non-oil exports in April, amounting to SAR 19.22 billion, as shown in the following table:
|
Export of Chemical Industry & Related Products (SAR mln) |
||||
|
Month |
2022 |
2023 |
Change (%) |
Chemical products to total non-oil exports (%) |
|
January |
7519.0 |
7035.2 |
(6%) |
31% |
|
February |
8734.6 |
6933.6 |
(20%) |
33% |
|
March |
10339.4 |
7519.9 |
(28%) |
31% |
|
April |
10028.1 |
6647.9 |
(34%) |
35% |
|
May |
9859.4 |
-- |
-- |
-- |
|
June |
10519.5 |
-- |
-- |
-- |
|
July |
9579.3 |
-- |
-- |
-- |
|
August |
9518.3 |
-- |
-- |
-- |
|
September |
9702.2 |
-- |
-- |
-- |
|
October |
10196.8 |
-- |
-- |
-- |
|
November |
8833.9 |
-- |
-- |
-- |
|
December |
8122.0 |
-- |
-- |
-- |
India topped the list of countries importing chemical products from Saudi Arabia with nearly SAR 1.09 billion, accounting for 17% of the total exports of chemical products in April. China and the United States followed at 16.5% and 11%, respectively, as shown in the table below:
|
Major Importers from Saudi Arabia in April 2023 (SAR mln) |
||
|
Country |
Value |
Percentage to total chemical products exports |
|
India |
1099.9 |
16.5% |
|
China |
1099.0 |
16.5% |
|
US |
711.8 |
10.7% |
|
UAE |
361.3 |
5.4% |
|
Belgium |
338.5 |
5.1% |
|
Brazil |
312.5 |
4.7% |
|
Singapore |
272.7 |
4.1% |
|
Thailand |
236.7 |
3.6% |
|
Australia |
232.6 |
3.5% |
|
South Korea |
146.7 |
2.2% |
|
Bangladesh |
139.8 |
2.1% |
|
Pakistan |
135.9 |
2.0% |
|
Egypt |
129.2 |
1.9% |
|
Other countries |
1431.2 |
21.5% |
|
Total |
6647.9 |
100 % |
On the other hand, the Kingdom's imports of chemical and industry-related products amounted to SAR 5.89 billion during the month, up by 7% YoY.
Compared to March, imports of chemical and industry-related products in April 2023 edged down by SAR 735.3 million, or 11%.
Imports of chemical and industry-related products during April accounted for 10% of the total imports amounting to SAR 57.9 billion.
The following table Saudi Arabia’s imports of chemical products:
|
Saudi Arabia’s Imports of Chemical and Industry-Related Products (SAR mln) |
||||
|
Month |
Imports 2022 |
Imports 2023 |
Change (%) |
Percentage to total imports |
|
January |
5538.9 |
6039.8 |
+9% |
9% |
|
February |
6048.7 |
5706.2 |
(5%) |
10% |
|
March |
6843.4 |
6620.5 |
(3%) |
10% |
|
April* |
5479.1 |
5885.2 |
+7% |
10% |
|
May |
5420.3 |
-- |
-- |
-- |
|
June |
6278.4 |
-- |
-- |
-- |
|
July |
5488.9 |
-- |
-- |
-- |
|
August |
6621.9 |
-- |
-- |
-- |
|
September |
5552.5 |
-- |
-- |
-- |
|
October |
6044.1 |
-- |
-- |
-- |
|
November |
5660.1 |
-- |
-- |
-- |
|
December |
5641.5 |
-- |
-- |
-- |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}