King Abdulaziz Port in Dammam
Saudi Arabia’s imports from GCC countries fell 14% year-on-year (YoY) to SAR 16.4 billion in Q3 2024, according to a recent report by the General Authority for Statistics (GASTAT).
Imports from the UAE declined by 22% YoY to SAR 9.7 billion, accounting for 59% of total Saudi imports.
Bahrain came second, with about SAR 2.9 billion, followed by Oman with SAR 2.5 billion.
The table below indicates details of Saudi imports from GCC countries in Q3 2024:
|
Saudi Imports from GCC (SAR mln) |
||||
|
Country |
Q3 2023 |
Q3 2024 |
Change in Value |
Change (%) |
|
UAE |
12,430 |
9,748 |
(2682) |
(22%) |
|
Bahrain |
2,138 |
2,889 |
+751 |
+35% |
|
Oman |
3,481 |
2,454 |
(1027) |
(29%) |
|
Kuwait |
374 |
744 |
+370 |
+99% |
|
Qatar |
622 |
598 |
(24) |
(4%) |
|
Total |
19,046 |
16,433 |
(2612) |
(14%) |
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