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Argaam Tools ×
Jeddah Islamic port
Saudi Arabia’s merchandize imports grew by 14% year-on-year (YoY) in March 2021 to SAR 49.4 billion, according to data issued by the General Authority for Statistics (GASTAT).
Imports advanced by 22% in March 2021, compared to February 2021.
Saudi merchandize Imports (SAR mln) |
||||
Month |
2020 |
2021 |
Value |
Variation |
January |
39,732 |
47,937 |
+8,205 |
+21% |
February |
43,044 |
40,371 |
(2,673) |
(6%) |
March |
43,319 |
49,396 |
+6,077 |
+14% |
April |
41,790 |
-- |
-- |
-- |
May |
36,916 |
-- |
-- |
-- |
June |
46,143 |
-- |
-- |
-- |
July |
40,298 |
-- |
-- |
-- |
August |
40,739 |
-- |
-- |
-- |
September |
41,995 |
-- |
-- |
-- |
October |
43,035 |
-- |
-- |
-- |
November |
48,715 |
-- |
-- |
-- |
December |
45,479 |
-- |
-- |
-- |
The increase in the Kingdom’s imports in March 2021 was driven by a rise in import of “vehicles, aircraft, ships, and similar transport equipment” by 30%, at a value of SAR 2.1 billion, and the increase in import of “machines and automatic devices; electrical equipment; parts” by 17%. Import of "natural or cultured pearls, precious stones and others" also increased by 355%.
On the other hand, Saudi imports of “base metals and articles of base metal” decreased by SAR 1.03 billion during the period, as the following table shows:
Saudi Imports Value in March 2021 (SAR mln) |
||||
Product |
March 2020 |
March 2021 |
Variation value |
Variation (%) |
Machinery and mechanical appliances, electrical equipment, parts thereof |
8180.8 |
9565.0 |
+1384.3 |
+17% |
Vehicles, aircraft, vessels, and associated transport equipment |
6810.1 |
8873.7 |
+2063.7 |
+30% |
Products of the chemical or allied industries |
4949.0 |
5300.2 |
+351.2 |
+7% |
Base metals and articles of base metal |
5094.0 |
4061.7 |
(1032.3) |
(20%) |
Vegetable products |
3677.4 |
3016.6 |
(660.8) |
(18%) |
Prepared foodstuffs; beverages, spirits and vinegar; tobacco and manufactured tobacco substitutes |
2538.6 |
2574.1 |
+35.5 |
+1% |
Natural or cultured pearls, precious or semi-precious stones, precious metals, and others |
472.6 |
2149.9 |
+1677.3 |
+355% |
Textiles and textile articles |
1622.5 |
2090.5 |
+468.0 |
+29% |
Plastics and articles thereof; rubber and articles thereof |
1679.0 |
1888.8 |
+209.8 |
+12% |
Live animals; animal products |
1851.0 |
1864.1 |
+13.1 |
+1% |
Other |
6443.8 |
8011.7 |
+1567.9 |
+24% |
Total |
43318.7 |
49396.4 |
+6077.7 |
+14% |
The United Arab Emirates and the US followed in the second and third positions at 10% and 9%, respectively.
Top 20 exporters to Saudi Arabia in March 2021 (SAR mln) |
|||
Country |
March 2020 |
March 2021 |
Variation |
China |
5121.9 |
9375.0 |
+83% |
UAE |
2931.7 |
4914.2 |
+68% |
USA |
4631.8 |
4614.7 |
(0.4%) |
India |
2618.3 |
2709.0 |
+3% |
Japan |
2601.3 |
2348.8 |
(10%) |
Germany |
2899.5 |
2311.2 |
(20%) |
Italy |
1304.3 |
1556.0 |
+19% |
France |
1661.2 |
1398.1 |
(16%) |
UK |
900.7 |
1296.9 |
+44% |
Egypt |
932.5 |
1278.9 |
+37% |
South Korea |
1091.9 |
1228.8 |
+13% |
Spain |
625.2 |
891.8 |
+43% |
Thailand |
1058.3 |
791.1 |
(25%) |
Indonesia |
768.1 |
771.1 |
+0.4% |
Brazil |
810.7 |
751.8 |
(7%) |
Bahrain |
730.3 |
659.7 |
(10%) |
Vietnam |
406.3 |
617.9 |
+52% |
Singapore |
270.2 |
595.0 |
+120% |
Canada |
217.8 |
563.5 |
+159% |
Netherlands |
505.5 |
540.2 |
+7% |
Others |
11167.80 |
10182.70 |
(9%) |
Total |
43255.4 |
49396.3 |
+14% |
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