Saudi merchandize imports rise 13% to SAR 45.6 bln in July

22/09/2021 Argaam Special

Jeddah Islamic Port


Saudi Arabia’s merchandize imports rose by 13% year-on-year (YoY) in July to SAR 45.6 billion, according to data issued by the General Authority for Statistics (GASTAT).

 

Imports fell by SAR 1.44 billion, or 3%, in July, compared to June.

 

Saudi Merchandize Imports (SAR mln)*

Month

2020

2021

Value

Variation

January  

46018

47937

+1919

+4%

February

43044

40842

(2202)

(5%)

March  

43319

50723

+7404

+17%

April

41790

49988

+8198

+20%

May

36916

45076

+8160

+22%

June

46143

47078

+935

+2%

July

40298

45634

+5336

+13%

August

40739

--

--

--

September

41995

--

--

--

October

43035

--

--

--

November

48715

--

--

--

December

45479

--

--

--

**Data for 2021 and January 2020 are updated
 

 

The increase in the Kingdom’s imports in July was driven by a 113% hike in its imports of vehicles, aircraft, vessels, and associated transport equipment, and a 19% rise in products of the chemical or allied industries.

 

On the other hand, Saudi imports of vegetable products decreased by SAR 930.3 million, and machinery and mechanical appliances; electrical equipment; and parts thereof retreated by SAR 541.5 million, as the following table shows:

 

Saudi Imports Value in July 2021 (SAR mln)

Product

July 2020

July 2021

Variation Value

Variation (%)

Vehicles, Aircraft, Vessels and Associated Transport Equipment

4355.5

9272.4

+4916.9

+113% 

Machinery and Mechanical Appliances; Electrical Equipment; Parts Thereof

8685.4

8143.9

(541.5)

(6%)

Products of the Chemical or Allied Industries

4367.1

5185.1

+818.0

+19%

Base Metals and Articles of Base Metal

4341.7

4375.9

+34.2

+1 %

Vegetable Products

3056.4

2126.1

(930.3)

(30%)

Prepared Foodstuffs; Beverages, Spirits

and Vinegar; Tobacco and

Manufactured Tobacco Substitutes

2474.7

2045.2

(429.5)

(17%)

Plastics and Articles Thereof; Rubber and

Articles Thereof

1548.5

1906.8

+358.3

+23%

Live Animals and Animal Products

1690.1

1805.9

+115.9

+7%

Mineral Products

1270.0

1743.3

+473.3

+37%

Textiles and Textile Articles

1781.9

1550.3

(231.7)

(13%)

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

934.7

1351.3

+416.6

+45%

Other

5792.1

6127.3

+335.2

+6%

Total

40298.2

45633.5

+5335.3

+13%

 

China topped the Kingdom's list of countries for imports, amounting to SAR 9.94 billion, accounting for 22% of the total value of imports in April.

 

The US and the United Arab Emirates followed in the second and third positions at 11% and 7%, respectively.

 

Top 20 exporters to Saudi Arabia in July 2021 (SAR mln)

Country

July 2020

July 2021

Variation (%)

China

7723.2

9936.9

+29%

USA

3903.2

4832.4

+24%

UAE

3266.9

3065.8

(6%)

India

1772.5

2187.6

+23%

Germany

2009.1

2120.4

 +6%

Japan

885.7

1679.8

+90%

Canada

738.4

1366.5

 +85%

Italy

1397.2

1219.6

(13%)

Belgium

308.8

1135.5

 +268%

Egypt

636.4

1122.9

+76%

France

1076.6

1104.1

+3%

UK

866.6

1045.5

+21%

South Korea

849.9

1026.5

+21%

Spain

621.4

871.9

+40%

Bahrain

1022.5

811.1

(21%)

Brazil

732.3

794.6

+8%

Thailand

672.3

697.5

+4%

Oman

361.1

567.9

+57%

Argentina

487.8

533.0

+9%

Netherlands

512.0

513.6

+0.3% 

Others

10454.3

9000.5

(14%)

Total

40298.2

45633.5

+13% 

 

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