Jeddah Islamic Port
Saudi Arabia’s merchandize imports rose by 18% year-on-year (YoY) in the third quarter of 2021 to SAR 144.6 billion, according to data issued by the General Authority for Statistics (GASTAT).
Imports grew by SAR 2.23 billion, or 2%, in Q3 2021, compared to Q2 2021.
|
Saudi Merchandize Imports |
||
|
Period |
Value (SAR bln) |
Variation (%) |
|
Q1 2020 |
132.38 |
+0.1% |
|
Q2 2020 |
124.85 |
(18%) |
|
Q3 2020 |
123.03 |
(15%) |
|
Q4 2020 |
137.23 |
(5%) |
|
Q1 2021 |
139.50 |
+5% |
|
Q2 2021* |
142.42 |
+14% |
|
Q3 2021 |
144.64 |
+18% |
*Data for Updated
The increase in the Kingdom’s imports in Q3 2021 was driven by a 58% (SAR 9.27 billion) increase in its imports of vehicles, aircraft, vessels and associated transport equipment and a 48% (SAR 2.79 billion) rise in mineral products. Imports of products of the chemical or allied industries also increased by 17% (SAR 2.22 billion).
|
Saudi Imports Value in Q3 2021 (SAR mln) |
||||
|
Product |
Q3 2020 |
Q3 2021 |
Variation value |
Variation (%) |
|
Machinery and Mechanical Appliances; Electrical Equipment; Parts Thereof |
25703.5 |
27577.1 |
+1873.6 |
+7% |
|
Vehicles, Aircraft, Vessels and Associated Transport Equipment |
15968.9 |
25243.6 |
+9274.7 |
+58% |
|
Products of the Chemical or Allied Industries |
12807.9 |
15029.5 |
+2221.5 |
+17% |
|
Base Metals and Articles of Base Metal |
12112.8 |
13790.8 |
+1677.9 |
+14% |
|
Mineral Products |
5779.4 |
8572.9 |
+2793.5 |
+48% |
|
Vegetable Products |
8866.7 |
7787.5 |
(1079.2) |
(12%) |
|
Prepared Foodstuffs; Beverages, Spirits and Vinegar; Tobacco and Manufactured Tobacco Substitutes |
7182.1 |
6743.1 |
(438.9) |
(6%) |
|
Plastics and Articles Thereof; Rubber and Articles Thereof |
4902.8 |
5717.4 |
+814.6 |
+17% |
|
Textiles and Textile Articles |
5151.2 |
5224.6 |
+73.4 |
+1% |
|
Live animals and Animal Products |
4769.6 |
4700.2 |
(69.4) |
(1%) |
|
Other |
19787.7 |
24258.0 |
+4470.3 |
+23% |
|
Total |
123032.6 |
144644.7 |
+21612.1 |
+18% |
China topped the Kingdom's list of countries for imports, amounting to SAR 30.9 billion, accounting for 21% of the total value of imports in Q3 2021.
The US and the United Arab Emirates followed in the second and third positions at 10% and 7%, respectively.
|
Top Exporters to Saudi Arabia in Q3 2021 (SAR mln) |
|||
|
Country |
Q3 2020 |
Q3 2021 |
Variation |
|
China |
24268.2 |
30914.8 |
+27% |
|
USA |
12569.3 |
14834.3 |
+18% |
|
UAE |
8847.4 |
10360.1 |
+17% |
|
India |
5948.0 |
8085.5 |
+36% |
|
Germany |
6266.8 |
6711.4 |
+7% |
|
Japan |
3460.9 |
5416.6 |
+57% |
|
Egypt |
1920.6 |
4142.9 |
+116% |
|
Italy |
4195.3 |
4106.5 |
(2%) |
|
France |
3381.7 |
3593.1 |
+6% |
|
South Korea |
2738.5 |
3409.7 |
+25% |
|
Others |
49435.70 |
53069.80 |
+7% |
|
Total |
123032.6 |
144644.7 |
+18% |
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