‎Saudi imports from GCC hit SAR 16.4B in Q3 2024

‎Saudi imports from GCC hit SAR 16.4B in Q3 2024 ‎Saudi imports from GCC hit SAR 16.4B in Q3 2024

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King Abdulaziz Port in Dammam

Saudi Arabia’s imports from GCC countries fell 14% year-on-year (YoY) to SAR 16.4 billion in Q3 2024, according to a recent report by the General Authority for Statistics (GASTAT).

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The UAE accounted for 59%, or SAR 9.7 billion of the total Saudi imports, down 22% YoY.

Bahrain came second, with about SAR 2.9 billion, followed by Oman with SAR 2.5 billion.

The table below indicates details of Saudi imports from GCC countries in Q3 2024:

Saudi Imports from GCC (SAR mln)

Country

Q3 2023

Q3 2024

Change in Value

Change (%)

UAE

12430

9748

(2682)

(22%)

Bahrain

2138

2889

+751

+35%

Oman

3481

2454

(1027)

(29%)

Kuwait

374

744

+370

+99%

Qatar

622

598

(24)

(4%)

Total

19046

16433

(2612)

(14%)

 

King Abdulaziz Port in Dammam

Saudi Arabia’s imports from GCC countries fell 14% year-on-year (YoY) to SAR 16.4 billion in Q3 2024, according to a recent report by the General Authority for Statistics (GASTAT).

The UAE accounted for 59%, or SAR 9.7 billion of the total Saudi imports, down 22% YoY.

Bahrain came second, with about SAR 2.9 billion, followed by Oman with SAR 2.5 billion.

The table below indicates details of Saudi imports from GCC countries in Q3 2024:

Saudi Imports from GCC (SAR mln)

Country

Q3 2023

Q3 2024

Change in Value

Change (%)

UAE

12430

9748

(2682)

(22%)

Bahrain

2138

2889

+751

+35%

Oman

3481

2454

(1027)

(29%)

Kuwait

374

744

+370

+99%

Qatar

622

598

(24)

(4%)

Total

19046

16433

(2612)

(14%)

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