Saudi merchandize imports rise to SAR 61 bln in August, China top exporter

Jeddah Islamic Port

Saudi Arabia’s merchandize imports rose by 20% year-on-year (YoY) in August to SAR 61.02 billion, according to data issued by the General Authority for Statistics (GASTAT).

 

Imports grew month-on-month (MoM) by SAR 3.78 billion, or 7%, in August.

 

Saudi Merchandize Imports (SAR mln)*

Month

2021

2022

Value

Change

January  

48051

52458

+4407

+9%

February

41041

49132

+8091

+20%

March  

50300

55961

+5661

+11%

April

49703

56372

+6669

+13%

May

44214

54838

+10624

+24%

June

46507

61663

+15156

+33%

July

46600

57238

+10638

+23%

August

50830

61018

+10188

+20%

September

47327

--

--

--

October

45852

--

--

--

November

49559

--

--

--

December

53203

--

--

--

*Data is periodically updated

 

 

The increase in the Kingdom’s imports in August was driven by a 24% YoY hike in its imports of machinery and mechanical appliances, electrical equipment and parts thereof, in addition to imports of other products.

 

Saudi Imports Value in August 2021-2022 (SAR mln)

Product

August 2021

August 2022

Change Value

Change (%)

Machinery and Mechanical Appliances; Electrical Equipment; Parts Thereof

9648.1

11947.2

+2299.1

+24%

Vehicles, Aircraft, Vessels, and Associated Transport Equipment

8580.6

6763.4

(1817.3)

(21%)

Products of the Chemical or Allied Industries

4967.2

6621.9

+1654.7

+33%

Base Metals and Articles of Base Metal

5057.5

5695.2

+637.7

+13%

Mineral Products

3289.2

5166.3

+1877.1

+57%

Vegetable Products

2727.6

3958.3

+1230.6

+45%

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

2179.7

3551.7

+1372.1

+63%

Plastics and Articles Thereof; Rubber and

Articles Thereof

1846.3

2523.1

+676.8

+37%

Live Animals and Animal Products

1439.0

2388.3

+949.3

+66%

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

1666.1

2369.2

+703.1

+42%

Other

9428.5

10033.6

+605.1

+6%

Total

50829.8

61018.2

+10188.4

+20%
 

China topped the Kingdom's list of exporters with SAR 13.04 billion, accounting for 21% of the total value of Saudi imports in August.

 

The US and UAE followed in the second and third positions at 7% and 6%, respectively.

 

The top 10 exporters account for about 61.5% of the Kingdom’s imports, amounting to SAR 37.5 billion, as indicated below:

 

Top 10 Exporters to Saudi Arabia in August 2021-2022 (SAR mln)

Country

August 2021

August 2022

Change (%)

China

10751.3

13043.4

+21%

USA

5491.2

4574.9

(17%)

UAE

4021.3

3906.1

(3%)

India

2875.8

3767.1

+31%

Germany

2470.2

2971.0

+20%

Japan

2162.0

2055.1

(5%)

Egypt

1013.7

1883.9

+86%

South Korea

1095.7

1819.8

+66%

Brazil

609.8

1751.8

+187%

Italy

1691.9

1726.0

+2%

Others

18646.7

23519.1

+26%

Total

50829.8

61018.2

+20%
 
 

Details and Historical Data of Imports

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