Jeddah Islamic Port
Saudi Arabia’s merchandize imports rose 29% year-on-year (YoY) to SAR 59.9 billion in June 2022, according to data issued by the General Authority for Statistics (GASTAT).
Imports for June increased MoM by SAR 5.31 billion, or 10%, as shown below:
|
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 |
54637 |
+ 10423 |
+24% |
|
June |
46507 |
59944 |
+ 13437 |
+29% |
|
July |
46600 |
-- |
-- |
-- |
|
August |
50830 |
-- |
-- |
-- |
|
September |
47327 |
-- |
-- |
-- |
|
October |
45852 |
-- |
-- |
-- |
|
November |
49559 |
-- |
-- |
-- |
|
December |
53203 |
-- |
-- |
-- |
*Data updated periodically
The increase in the Kingdom’s imports in June was driven by a SAR 3.29 billion, or 135%, rise in “metal products” and a SAR 2.55 billion, or 29%, increase in "machinery and mechanical appliances; electrical equipment; parts thereof". This is in addition to other sections.
The following table details imports in June 2022 by sections:
|
Saudi Imports Value (SAR mln) |
||||
|
Section |
June 2021 |
June 2022 |
Change |
Change % |
|
Machinery and Mechanical Appliances; Electrical Equipment; Parts Thereof |
8,771.7 |
11,322.6 |
+2,550.9 |
+29% |
|
Vehicles, Aircraft, Vessels and Associated Transport Equipment |
6,689.7 |
6,811.1 |
+121.4 |
+2% |
|
Products of the Chemical or Allied Industries |
5,704.6 |
6,278.4 |
+573.8 |
+10% |
|
Metal Products |
2,441.8 |
5,728.1 |
+3,286.3 |
+135% |
|
Base Metals and Articles of Base Metals |
4,162.0 |
5,707.4 |
+1,545.4 |
+37% |
|
Vegetable Products |
2,863.5 |
3,444.3 |
+580.8 |
+20% |
|
Natural or Cultured Pearls, Precious or Semi-precious Stones, and Other |
1,642.6 |
2,858.2 |
+1,215.6 |
+74% |
|
Prepared Foodstuffs; Beverages, Spirits and Vinegar; Tobacco and Manufactured Tobacco Substitutes |
2,535.7 |
2,816.7 |
+281.0 |
+11% |
|
Livestock and Articles Thereof |
1,562.3 |
2,741.5 |
+1,179.3 |
+75% |
|
Rubber and Articles Thereof |
2,026.3 |
2,564.7 |
+5,38.3 |
+27% |
|
Other |
8,106.6 |
9,671.3 |
+1,564.7 |
+19% |
|
Total |
46,506.8 |
59,944.4 |
+13,437.6 |
+29% |
Saudi Arabia’s largest imports came from China, amounting to SAR 12.7 billion and accounting for 21% of the total value of imports in June.
The US and the UAE came in second and third, at 8% and 7%, respectively.
The top 10 countries, from which imports were made, accounted for about 62.4% of the total imports, equivalent to SAR 37.4 billion, as the following table shows:
|
Top 10 Exporters to Saudi Arabia (SAR mln) |
|||
|
Country |
June 2021 |
June 2022 |
Change |
|
China |
8,114.4 |
12,686.7 |
+56% |
|
USA |
4,714.4 |
4,640.6 |
(2%) |
|
UAE |
4,539.3 |
4,131.0 |
(9%) |
|
Egypt |
1,035.8 |
3,413.5 |
+230% |
|
India |
2,647.2 |
3,188.6 |
+20% |
|
Germany |
2,409.4 |
2,552.0 |
+6% |
|
Japan |
1,681.6 |
1,765.6 |
+5% |
|
South Korea |
845.7 |
1,736.5 |
+105% |
|
Italy |
1,610.5 |
1,644.7 |
+2% |
|
Switzerland |
522.5 |
1,631.3 |
+212% |
|
Others |
18,386.1 |
22,553.9 |
+23% |
|
Total |
46,506.8 |
59,944.4 |
+29% |
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