Saudi Arabia’s imports from GCC countries rose 0.1% year-on-year (YoY) to SAR 17.6 billion in Q2 2024, according to a recent report by the General Authority for Statistics (GASTAT).
The UAE accounted for 67%, or SAR 11.8 billion of the total Saudi imports, up 9% YoY.
The table below indicates details of Saudi imports from GCC countries in Q2 2024:
Saudi Imports from GCC (SAR mln) | ||||
Country | Q2 2023 | Q2 2024 | Change | Change (%) |
UAE | 10814 | 11802 | +988 | +9% |
Bahrain | 2359 | 2549 | +190 | +8% |
Oman | 3817 | 2420 | (1,396) | (37%) |
Qatar | 215 | 517 | +302 | +141% |
Kuwait | 390 | 328 | (62) | (16%) |
Total | 17594 | 17616 | +22 | +0.1% |
Source : Argaam