A Saudi Port
The Saudi merchandise imports rose 1% year-on-year (YoY) to almost SAR 57.9 billion in April, according to data issued by the General Authority for Statistics (GASTAT).
Imports dropped by 16%, or nearly SAR 11.15 billion, month-on-month (MoM), as follows:
|
Saudi Merchandise Imports* (SAR mln) |
||||
|
Month |
2022 |
2023 |
Value |
YoY Change (%) |
|
January |
52351 |
67687 |
15336 |
29% |
|
February |
49266 |
57314 |
8048 |
16% |
|
March |
56288 |
69041 |
12753 |
23% |
|
April |
57324 |
57896 |
572 |
1% |
|
May |
55959 |
-- |
-- |
-- |
|
June |
62071 |
-- |
-- |
-- |
|
July |
57556 |
-- |
-- |
-- |
|
August |
63797 |
-- |
-- |
-- |
|
September |
61459 |
-- |
-- |
-- |
|
October |
66275 |
-- |
-- |
-- |
|
November |
64754 |
-- |
-- |
-- |
|
December |
64939 |
-- |
-- |
-- |
Imports of machinery and mechanical appliances, electrical equipment and parts thereof topped imports in April, representing 11.4% of the total Saudi imports.
The table below shows details of Saudi imports in April by segment:
|
Saudi Imports Value in April (SAR mln) |
||||
|
Segment |
April 2022 |
April 2023 |
Value |
Change |
|
Machinery and Mechanical Appliances; Electrical Equipment; Parts Thereof |
10521.7 |
11415.7 |
894.0 |
8% |
|
Vehicles, Aircraft, Vessels and Associated Transport Equipment |
8217.4 |
9839.7 |
1622.4 |
20% |
|
Mineral Products |
4838.5 |
5987.2 |
1148.7 |
24% |
|
Products of the Chemical or Allied Industries |
5479.1 |
5885.2 |
406.1 |
7% |
|
Base Metals and Articles of Base Metal |
5646.6 |
4658.3 |
(988.3) |
(18%) |
|
Vegetable Products |
3767.5 |
2984.4 |
(783.1) |
(21%) |
|
Prepared Foodstuffs; Beverages, Spirits and Vinegar; Tobacco and Manufactured Tobacco Substitutes |
2662.6 |
2463.1 |
(199.4) |
(7%) |
|
Natural or Cultured Pearls, Precious or Semi-Precious Stones and Others |
1682.8 |
2215.7 |
532.9 |
32% |
|
Plastics and Articles Thereof; Rubber and Articles Thereof |
2358.1 |
2089.2 |
(268.9) |
(11%) |
|
Others |
12150.3 |
10357.9 |
(1792.5) |
(15%) |
|
Total |
57324.4 |
57896.4 |
572.0 |
1% |
China topped the Kingdom's importers, with approximately SAR 11.3 billion, accounting for 19% of the total in April.
The US and India took the second and third positions, with SAR 5 billion and SAR 3.4 million imports respectively.
The top 10 exporters to Saudi Arabia accounted for almost 63%, or SAR 36.5 billion, of the Kingdom's total imports in April, as shown below:
|
Top 10 Exporters to Saudi Arabia in April (SAR mln) |
|||
|
Country |
April 2022 |
April 2023 |
Change |
|
China |
11073.9 |
11294.4 |
2% |
|
US |
5642.2 |
4993.1 |
(12%) |
|
India |
3852.2 |
3387.1 |
(12%) |
|
UAE |
3560.4 |
3340.2 |
(6%) |
|
Germany |
2326.9 |
3192.6 |
37% |
|
Japan |
2658.2 |
2720.2 |
2% |
|
South Korea |
1566.7 |
2081.5 |
33% |
|
Greece |
551.9 |
1970.0 |
257% |
|
Switzerland |
1217.9 |
1861.3 |
53% |
|
Italy |
1611.6 |
1659.4 |
3% |
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