‎Saudi imports from GCC region hit SAR 6B in July

‎Saudi imports from GCC region hit SAR 6B in July ‎Saudi imports from GCC region hit SAR 6B in July

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King Abdulaziz Port in Dammam

Saudi Arabia’s imports from GCC countries declined by 4% year-on-year (YoY) to SAR 6.05 billion in July 2024, according to a recent report by the General Authority for Statistics (GASTAT).

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For more details on merchandise imports from Argaam Tools

The UAE accounted for 60%, or SAR 3.6 billion of total Saudi imports, down 15% YoY.

Saudi Imports from GCC – SAR mln

Country

July 2023

July 2024

Change in Value

Change (%)

UAE

4254.2

3628.0

(626.1)

(15%)

Bahrain

592.9

1094.7

+501.8

+85%

Oman

1237.8

834.7

(403.1)

(33%)

Kuwait

129.5

310.6

+181.1%

+140%

Qatar

94.8

179.2

+84.4%

+89%

Total

6309.2

6047.2

(262.0)

(4%)

 

King Abdulaziz Port in Dammam

Saudi Arabia’s imports from GCC countries declined by 4% year-on-year (YoY) to SAR 6.05 billion in July 2024, according to a recent report by the General Authority for Statistics (GASTAT).

For more details on merchandise imports from Argaam Tools

The UAE accounted for 60%, or SAR 3.6 billion of total Saudi imports, down 15% YoY.

Saudi Imports from GCC – SAR mln

Country

July 2023

July 2024

Change in Value

Change (%)

UAE

4254.2

3628.0

(626.1)

(15%)

Bahrain

592.9

1094.7

+501.8

+85%

Oman

1237.8

834.7

(403.1)

(33%)

Kuwait

129.5

310.6

+181.1%

+140%

Qatar

94.8

179.2

+84.4%

+89%

Total

6309.2

6047.2

(262.0)

(4%)

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