‎Saudi Arabia’s GCC Q4 2024 imports reach SAR 18.4B, UAE leads with 69%

‎Saudi Arabia’s GCC Q4 2024 imports reach SAR 18.4B, UAE leads with 69% ‎Saudi Arabia’s GCC Q4 2024 imports reach SAR 18.4B, UAE leads with 69%

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King Abdulaziz Port in Dammam

Saudi Arabia’s merchandise imports from Gulf Cooperation Council (GCC) countries totaled SAR 18.4 billion in Q4 2024, reflecting a 15% decline year-over-year (YoY), according to data from the General Authority for Statistics (GASTAT).

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The UAE accounted for 69% of total Saudi imports during the period, amounting to SAR 12.6 billion, a 12% decrease from Q4 2023.

Oman ranked second with SAR 2.6 billion in imports, followed by Bahrain with SAR 2.1 billion.

Below is a breakdown of Saudi Arabia’s imports from GCC countries in Q4 2024:

Saudi Arabia’s Imports from GCC (SAR mln)

Country

Q4 2023

Q4 2024

Change in Value

Change (%)

United Arab Emirates

14,394.9

12,634.4

(1,760.5)

(12%)

Oman

3,628.5

2,634.7

(993.8)

(27%)

Bahrain

2,879.5

2,144.6

(735.0)

(26%)

Kuwait

358.4

603.7

+245.3

+68%

Qatar

254.1

337.2

+83.2

+33%

Total

21,515.5

18,354.6

(3,160.9)

(15%)

 

King Abdulaziz Port in Dammam

Saudi Arabia’s merchandise imports from Gulf Cooperation Council (GCC) countries totaled SAR 18.4 billion in Q4 2024, reflecting a 15% decline year-over-year (YoY), according to data from the General Authority for Statistics (GASTAT).

The UAE accounted for 69% of total Saudi imports during the period, amounting to SAR 12.6 billion, a 12% decrease from Q4 2023.

Oman ranked second with SAR 2.6 billion in imports, followed by Bahrain with SAR 2.1 billion.

Below is a breakdown of Saudi Arabia’s imports from GCC countries in Q4 2024:

Saudi Arabia’s Imports from GCC (SAR mln)

Country

Q4 2023

Q4 2024

Change in Value

Change (%)

United Arab Emirates

14,394.9

12,634.4

(1,760.5)

(12%)

Oman

3,628.5

2,634.7

(993.8)

(27%)

Bahrain

2,879.5

2,144.6

(735.0)

(26%)

Kuwait

358.4

603.7

+245.3

+68%

Qatar

254.1

337.2

+83.2

+33%

Total

21,515.5

18,354.6

(3,160.9)

(15%)

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