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Saudi Arabia’s merchandise imports from GCC countries fell 14% year-on-year (YoY) to SAR 17.3 billion in Q2 2023, according to a recent report by GASTAT.
The UAE accounted for 61.3%, or SAR 10.6 billion of total Saudi imports, down 5% YoY.
|
Saudi Merchandise Imports from GCC – SAR mln |
||||
|
State |
Q2 2022 |
Q2 2023 |
Change |
Change (%) |
|
UAE |
11247 |
10636 |
(611) |
(5%) |
|
Oman |
4755 |
3660 |
(1095) |
(23%) |
|
Bahrain |
3121 |
2476 |
(645) |
(21%) |
|
Kuwait |
881 |
356 |
(525) |
(60%) |
|
Qatar |
215 |
213 |
(2) |
(1%) |
|
Total |
20218 |
17340 |
(2878) |
(14%) |
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