Insights for Saudi Arabia

MoM insights: In the month-on-month analysis, imports from the United States saw the highest increase with a trade value of 7.91B SAR, reflecting a growth of 917.24M SAR (approximately 13.12%). China followed with 20.67B SAR, increasing by 822.02M SAR (4.14%). Italy also showed a significant rise with 2.73B SAR, up by 311.65M SAR (12.90%). On the lower end, imports from Switzerland decreased significantly by 1.87B SAR to 2.19B SAR (-46.17%). South Africa's imports fell by 682.49M SAR to 156.47M SAR (-81.35%). India also saw a decline of 485.72M SAR to 3.41B SAR (-12.47%). For exports, Japan led with 9.9B SAR, increasing by 1.52B SAR (18.15%). The United States followed with 6.1B SAR, up by 890.99M SAR (17.11%). The Netherlands also had a notable increase to 1.02B SAR, rising by 743.45M SAR (269.25%). Conversely, exports to India dropped by 1.91B SAR to 8.34B SAR (-18.64%). Bahrain's exports decreased by 1.44B SAR to 3.61B SAR (-28.56%). France also saw a decline of 1.26B SAR to 471.41M SAR (-72.76%).

YoY insights: In the year-on-year analysis, imports from the United Arab Emirates increased significantly by 889.27M SAR to 4.79B SAR (22.78%). France also saw a notable rise of 853.26M SAR to 2.38B SAR (55.91%). Japan's imports increased by 580.56M SAR to 3.41B SAR (20.50%). On the downside, imports from Russia fell by 555.66M SAR to 597.19M SAR (-48.20%). Switzerland's imports decreased by 223.06M SAR to 2.19B SAR (-9.26%). Brazil's imports also dropped by 190.56M SAR to 936.82M SAR (-16.90%). For exports, the United Arab Emirates had the highest increase with 11.7B SAR, up by 2.95B SAR (33.70%). The United States followed with 6.1B SAR, increasing by 2.37B SAR (63.70%). Egypt's exports rose by 1.49B SAR to 3.86B SAR (62.47%). On the lower end, Malaysia's exports fell by 1.38B SAR to 1.48B SAR (-48.30%). France's exports decreased by 1.1B SAR to 471.41M SAR (-70.09%). Burma's exports dropped significantly by 792.1M SAR to 10.64M SAR (-98.67%).