Insights for Saudi Arabia

MoM insights: In the month-on-month analysis, imports from Switzerland saw the highest increase with a trade value of 4.06B, reflecting a significant rise of 2.32B (133.32%). The United Arab Emirates followed with a trade value of 5.15B, increasing by 861.11M (20.08%). Japan also showed a notable increase with a trade value of 3.52B, up by 802.66M (29.54%). On the lower end, imports from China decreased to 19.85B, down by 1.38B (-6.51%). The Netherlands saw a decline to 695.63M, down by 294.48M (-29.74%). Italy's imports also fell to 2.42B, decreasing by 237.71M (-8.95%). For exports, Japan led with a trade value of 8.38B, increasing by 2.42B (40.56%). Bahrain followed with 5.06B, up by 1.95B (62.97%). The United States had a trade value of 5.21B, increasing by 1.77B (51.40%). On the downside, South Korea's exports dropped to 7.38B, down by 1.14B (-13.39%). The Netherlands saw a significant decline to 276.12M, down by 748.7M (-73.06%). Togo's exports fell to 288.85M, decreasing by 635.49M (-68.77%).

YoY insights: In the year-on-year analysis, imports from China increased to 19.85B, with a value change of 2.27B (12.89%). Switzerland's imports rose to 4.06B, up by 2.25B (124.79%). The United States also saw an increase to 6.99B, with a value change of 1.3B (22.77%). On the lower end, imports from Canada decreased to 229.04M, down by 1.02B (-81.63%). Greece's imports fell to 85.77M, down by 530.87M (-86.09%). South Korea's imports decreased to 1.52B, down by 348.27M (-18.59%). For exports, the United Arab Emirates led with a trade value of 11.38B, increasing by 4.33B (61.33%). The United States followed with 5.21B, up by 2.81B (117.20%). Bahrain's exports rose to 5.06B, increasing by 2.73B (117.73%). On the downside, South Korea's exports fell to 7.38B, down by 942.22M (-11.33%). The Netherlands saw a decline to 276.12M, down by 874.41M (-76.00%). Oman's exports decreased to 841.74M, down by 783.89M (-48.22%).