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Saudi merchandise imports rise 27% to SAR 60 bln in September
AI Summary
Content Summary: 
Jeddah Islamic Port
Saudi Arabia’s merchandize imports rose by 27% year-on-year (YoY) in September to SAR 60.05 billion, according to data issued by the General Authority for Statistics (GASTAT).
Imports declined by SAR 3.46 billion, or 5% in September, compared to August.
|
Saudi Merchandize Imports (SAR mln) |
||||
|
Month |
2021 |
2022 |
Value |
Variation |
|
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 |
57596 |
+10996 |
+24% |
|
August |
50830 |
63506 |
+12676 |
+25% |
|
September |
47327 |
60047 |
+12720 |
+27% |
|
October |
45852 |
-- |
-- |
-- |
|
November |
49559 |
-- |
-- |
-- |
|
December |
53203 |
-- |
-- |
-- |
The increase in the Kingdom’s imports in September was driven by a SAR 2 billion, or 20% hike, in its machinery and mechanical appliances; electrical equipment and parts thereof, and a SAR 3.64 billion in vehicles, aircraft, vessels and associated transport equipment.
|
Saudi Imports Value in September 2022 (SAR mln) |
||||
|
Product |
September 2021 |
September 2022 |
Change Value |
Change (%) |
|
Machinery and Mechanical Appliances; Electrical Equipment; Parts Thereof |
9931.1 |
11926.2 |
+1995.1 |
+20% |
|
Vehicles, Aircraft, Vessels and Associated Transport Equipment |
5809.0 |
9453.2 |
+3644.2 |
+63% |
|
Products of the Chemical or Allied Industries |
4878.5 |
5552.5 |
+673.9 |
+14% |
|
Base Metals and Articles of Base Metal |
4403.6 |
5547.8 |
+1144.2 |
+26% |
|
Mineral Products |
3432.8 |
4851.4 |
+1418.6 |
+41% |
|
Vegetable Products |
3290.4 |
4200.9 |
+910.5 |
+28% |
|
Prepared Foodstuffs; Beverages, Spirits and Vinegar; Tobacco and Manufactured Tobacco Substitutes |
2681.4 |
2855.1 |
+173.7 |
+6% |
|
Natural or Cultured Pearls, Precious or Semi-Precious Stones and Others |
1416.2 |
2554.1 |
+1137.9 |
+80% |
|
Textiles and Textile Articles |
1988.4 |
2165.5 |
+177.1 |
+9% |
|
Plastics and Articles Thereof; Rubber and Articles Thereof |
1977.3 |
2136.6 |
+159.3 |
+8% |
|
Other |
7518.3 |
8804.1 |
+1285.8 |
+17% |
|
Total |
47327.0 |
60047.3 |
+12720.3 |
+27% |
China topped the Kingdom's list of countries for imports, amounting to SAR 10.86 billion, accounting for 20% of the total value of imports in September.
The US and the UAE came in the second and third positions at 12% and 7%, respectively.
The top 10 exporters to Saudi Arabia accounted for 61.3%, or SAR 36.8 billion, of the Kingdom's total imports in September.
|
Top 10 exporters to Saudi Arabia in September 2022 (SAR mln) |
|||
|
Country |
September 2021 |
September 2022 |
Change (%) |
|
China |
9884.9 |
11856.5 |
+20% |
|
US |
4227.0 |
7032.3 |
+66% |
|
UAE |
3148.3 |
4110.4 |
+31% |
|
India |
3024.1 |
3457.0 |
+14% |
|
Germany |
2209.1 |
2595.5 |
+17% |
|
Switzerland |
814.3 |
1783.8 |
+119% |
|
South Korea |
1304.4 |
1716.4 |
+32% |
|
Japan |
1561.0 |
1605.3 |
+3% |
|
Italy |
1215.6 |
1415.2 |
+16% |
|
UK |
979.1 |
1245.8 |
+27% |
|
Other countries |
18959.0 |
23229.2 |
+23% |
|
Total |
9884.9 |
11856.5 |
+20% |
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