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Saudi Arabia’s imports from GCC countries fell 19% year-on-year (YoY) to SAR 5.51 billion in June, according to a recent report by the General Authority for Statistics (GASTAT).
UAE accounted for 65.6%, or SAR 3.61 billion, of the total Saudi imports, down 13% YoY.
Compared with May, the Kingdom’s imports from GCC dropped by 11%, or SAR 715 million.
Saudi Imports from GCC (SAR mln) |
||||
State |
June 2022 |
June 2023 |
Change Value |
Change (%) |
UAE |
4142.5 |
3610.8 |
(531.7) |
(13%) |
Oman |
1363.7 |
1217.2 |
(146.5) |
(11%) |
Bahrain |
817.1 |
527.1 |
(290.0) |
(35%) |
Kuwait |
414.7 |
101.8 |
(312.9) |
(75%) |
Qatar |
32.5 |
48.3 |
15.8 |
49% |
Total |
6770.4 |
5505.3 |
(1265.1) |
(19%) |
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