Saudi merchandize imports rise to SAR 51.8 bln in January; China top exporter at 24%

07/04/2022 Argaam Special

Jeddah Islamic Port


Saudi Arabia’s merchandize imports rose by 8% year-on-year (YoY) to SAR 51.8 billion in January 2022, according to data issued by the General Authority for Statistics (GASTAT).

Imports declined by SAR 2.5 billion, or 5%, in January from December 2021.

Saudi Merchandize Imports (SAR mln)

Month

2021

2022

Value

Change

January  

47,937

51,806

+3,869

+8%

February

40,842

--

--

--

March  

50,723

--

--

--

April

49,988

--

--

--

May

45,076

--

--

--

June

47,351

--

--

--

July

47,303

--

--

--

August

51,731

--

--

--

September

47,522

--

--

--

October

47,038

--

--

--

November

50,695

--

--

--

December

54,310

--

--

--

*Data is periodically updated.

The increase in the Kingdom’s imports in January was driven by a SAR 2.3 billion hike, or 25%, in its imports of machinery, mechanical appliances, electrical equipment and parts thereof. That is in addition to a 32% rise, or SAR 1.35 billion, in products of the chemical or allied industries.

Saudi Imports Value in January 2022 (SAR mln)

Product

January 2021

January 2022

Change Value

Change (%)

Machinery and Mechanical Appliances; Electrical Equipment; Parts Thereof

9258

11558

2300

+25%

Vehicles, Aircraft, Vessels and Associated Transport Equipment

8163

7793

(370)

(5%)

Products of the Chemical or Allied Industries

4164

5516

1353

+32%

Base Metals and Articles of Base Metal

4033

4551

518

+13%

Vegetable Products

2445

3408

963

+39%

Prepared Foodstuffs; Beverages, Spirits

and Vinegar; Tobacco and

Manufactured Tobacco Substitutes

2339

2696

357

+15%

Plastics and Articles Thereof; Rubber and

Articles Thereof

1523

1964

441

+29%

Textiles and Textile Articles

1598

1880

282

+18%

Natural or Cultured Pearls, Precious or Semi-Precious Stones and Others

1647

1677

30

+2%

Livestock and Articles Thereof

1648

1655

7

+0.4%

Other

11121

9109

(2012)

(18%)

Total

47937

51806

3868

+8%

 

China topped the Kingdom's list of importers, amounting to SAR 12.4 billion, accounting for 24% of the total value of imports in January.

The US and UAE came in second and third, at 10% and 5%, respectively.

Top 10 Exporters to Saudi Arabia in January 2022 (SAR mln)

Country

January 2021

January 2022

Change (%)

China

9622.3

12359.7

+28%

USA

7964.8

4975.2

(38%)

UAE

3746.5

2820.9

(25%)

India

2685.2

2515.2

(6%)

Germany

2217.9

2129.8

(4%)

South Korea

979.3

1945.5

+99%

Japan

1913.5

1749.3

(9%)

France

1824.4

1728.0

(5%)

Egypt

559.2

1572.5

+181%

Italy

1280.0

1486.5

+16%

Other countries

15144.1

18523.0

+22%

Total

47937.3

51805.7

+8%

 

Details and Historical Data of Imports


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