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Saudi merchandise imports surge 39% to SAR 63.9 bln in October
AI Summary
Content Summary: 
Jeddah Islamic Port
Saudi Arabia’s merchandize imports surged by 39% year-on-year (YoY) in October to SAR 63.9 billion, according to data issued by the General Authority for Statistics (GASTAT).
Imports rose by SAR 2.76 billion, or 5%, in October, compared to September.
|
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 |
63790 |
+12960 |
+25% |
|
September |
47327 |
61131 |
+13804 |
+27% |
|
October |
45852 |
63890 |
+18038 |
+39% |
|
November |
49559 |
-- |
-- |
-- |
|
December |
53203 |
-- |
-- |
-- |
The YoY increase in the Kingdom’s imports in October was driven by a SAR 5.8 billion, or 111%, rise in its vehicles, aircraft, vessels and associated transport equipment. In addition, machinery and mechanical appliances; electrical equipment; parts thereof rose by SAR 2.48 billion, or 25%, YoY.
|
Saudi Imports Value in October 2022 (SAR mln) |
||||
|
Product |
October 2021 |
October 2022 |
Change Value |
Change (%) |
|
Machinery and Mechanical Appliances; Electrical Equipment; Parts Thereof |
9993.5 |
12472.9 |
+2479.4 |
+25% |
|
Vehicles, Aircraft, Vessels and Associated Transport Equipment |
5219.2 |
10988.8 |
+5769.7 |
+111% |
|
Products of the Chemical or Allied Industries |
5112.5 |
6044.1 |
+931.6 |
+18% |
|
Base Metals and Articles of Base Metal |
4557.0 |
5387.1 |
+830.1 |
+18% |
|
Mineral Products |
2832.3 |
5193.4 |
+2361.1 |
+83% |
|
Vegetable Products |
2620.8 |
3147.7 |
+526.9 |
+20% |
|
Natural or Cultured Pearls, Precious or Semi-Precious Stones and Others |
1955.9 |
3080.5 |
+1124.6 |
+57% |
|
Prepared Foodstuffs; Beverages, Spirits and Vinegar; Tobacco and Manufactured Tobacco Substitutes |
2343.4 |
2775.0 |
+431.6 |
+18% |
|
Plastics and Articles Thereof; Rubber and Articles Thereof |
1740.1 |
2437.8 |
+697.7 |
+40% |
|
Textiles and Textile Articles |
1831.2 |
2232.5 |
+401.3 |
+22% |
|
Other |
7646.3 |
10130.4 |
+2484.1 |
+32% |
|
Total |
45852.0 |
63890.2 |
+18038.2 |
+39% |
China topped the Kingdom's list of countries for imports, amounting to SAR 13.2 billion, accounting for 21% of the total value of imports in October.
The US and the UAE took the second and third positions with a share of 9% and 6%, respectively.
The top 10 exporters to Saudi Arabia accounted for 62.7%, or SAR 40.04 billion, of the Kingdom's total imports in October.
|
Top 10 exporters to Saudi Arabia in October 2022 (SAR mln) |
|||
|
Country |
October 2021 |
October 2022 |
Change (%) |
|
China |
8877.6 |
13161.1 |
+48% |
|
US |
4424.6 |
5969.7 |
+35% |
|
UAE |
4044.6 |
4018.6 |
(1%) |
|
India |
2260.2 |
3294.6 |
+46% |
|
Germany |
2397.6 |
2752.6 |
+15% |
|
Egypt |
1598.6 |
2642.3 |
+65% |
|
Japan |
1388.7 |
2434.2 |
+75% |
|
Switzerland |
768.4 |
2119.1 |
+176% |
|
Singapore |
253.5 |
2001.9 |
+690% |
|
South Korea |
1092.1 |
1646.8 |
+51% |
|
Other countries |
18746.1 |
23849.4 |
+27% |
|
Total |
45852.0 |
63890.2 |
+39% |
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