Jeddah Islamic port

Saudi Arabia’s merchandize imports rose by 12% year-on-year (YoY) in the first quarter of 2022 to SAR 156.8 billion, the highest since years, according to data issued by the General Authority for Statistics (GASTAT). 

 

Imports grew by SAR 8.17 billion, or 5%, in Q1 2022, compared to Q4 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

140.42

+12%

Q3 2021

144.64

+18%

Q4 2021

148.61

+8%

Q1 2022

156.78

+12%
* Updated Data.

 

 

The increase in the Kingdom’s Q1 2022 imports was driven by a 32% (SAR 4.46 billion) hike in its imports of products of the chemical or allied industries, and a 14% (SAR 3.97 billion) rise in machinery and mechanical appliances. Imports of mineral products also went up by SAR 3.43 billion. 

 

Saudi Imports Value in Q1 2022 (SAR mln)

Product

Q1 2021

Q1 2022

change value

change (%)

Machinery and Mechanical Appliances; Electrical Equipment; Parts Thereof

28104.3

32069.7

+3965

+14%

Vehicles, Aircraft, Vessels and Associated Transport Equipment

20621.5

22804.7

+2183

+11%

Products of the Chemical or Allied Industries

13964.5

18427.2

+4463

+32%

Base Metals and Articles of Base Metal

11714.9

14698.8

+2984

+25%

Vegetable Products

9382.2

9658.7

+276

+3%

Prepared Foodstuffs; Beverages, Spirits and Vinegar; Tobacco and Manufactured Tobacco Substitutes

7163.7

7738.7

+575

+8%

Mineral Products

4209.3

7635.9

+3427

+81%

Textiles and Textile Articles

5528.9

6093.6

+565

+10%

Plastics and Articles Thereof; Rubber and Articles Thereof

5065.7

5945.7

+880

+17%

Live animals and Animal Products

5140.0

5097.0

(43)

(1%)

Other

28496.9

26605.3

(1892)

(7%)

Total

139392.1

156775.4

+17383

+12%
 

 

China topped the Kingdom's list of countries with imports of SAR 34.7 billion, accounting for 22% of total imports in Q1 2022. 

 

The US and the UAE came in the second and third positions with 9% and 6% of the total imports, respectively. 

 

Top Exporters to Saudi Arabia in Q1 2022 (SAR mln)

Country

Q1 2021

Q1 2022

Change (%)

China

27857.8

34678.3

+24%

USA

16103.3

14018.1

(13%)

UAE

12609.2

9773.5

(22%)

India

7531.0

7955.9

+6%

Germany

6662.1

6367.2

(4%)

Japan

6135.1

5481.5

(11%)

Egypt

3042.2

5089.7

+67%

Italy

4189.9

4818.7

+15%

South Korea

3142.9

4707.4

+50%

France

4699.0

4489.8

(4%)

Others

47419.6

59395.4

+25%

Total

139392.1

156775.4

+12%
 

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