China is Saudi Arabia’s main merchandise trading partner

Middle EastChina is Saudi Arabia’s main merchandise trading partner

RIYADH, Saudi Arabia: Saudi Arabia’s exports to China amounted to SAR 249.9 billion (16.2% of total exports) in 2022, making the eastern Country the main destination for exports of the Islamic Kingdom.

India and Japan followed next with SAR 157.2 billion (10.2% of total exports) and SAR 152.9 billion (9.9% of total exports) respectively, as per the statistics released by the Saudi General Authority for Statistics (GASTAT).China is Saudi Arabia’s main merchandise trading partner

South Korea, the United States, United Arab Emirates (UAE), Egypt, Taiwan, Singapore and Bahrain were the other Countries that ranked in the top 10 destinations.

The exports of Saudi Arabia to those 10 Countries amounted to SAR 1,021.3 billion, accounting for 66.2% of total exports.

While the imports from China amounted to SAR 149.3 billion (21.0% of total imports) in 2022, making it the main origin for imports of Saudi Arabia.

The US and UAE followed next with imports of SAR 65.0 billion (9.1% of total imports) and SAR 45.1 billion (6.3% of total imports) respectively.

India, Germany, Japan, Egypt, South Korea, Italy and Switzerland were the other Countries that ranked in the top 10 Countries for imports.

The imports of Saudi Arabia from those 10 Countries amounted to SAR 435.8 billion, accounting for 61.2% of total imports.

Top 5 Saudi Arabia’s Customs Ports for imports

Jeddah Islamic Sea Port is one of Saudi Arabia’s most important ports through which goods crossed into the Kingdom at a value of SAR 195.6 billion of imports, corresponding to 27.5% of the total in 2022.

Among the other major ports of entry for the imports were King Abdulaziz Sea Port in Dammam (19.5%), King Khalid Int Airport in Riyadh (11.9%), King Abdulaziz Int Airport in Jeddah (6.1%), and King Khalid International Airport in Dammam (5.8%).

Those five ports together accounted for 70.7% of the total merchandise imports of Saudi Arabia.

Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

Best Fruits for Dengue Patient to Recover Fast

Consuming fruits for dengue fever, which are rich in minerals and vitamins, can help patients recover fast and stay hydrated. Good nutritional status and...
Gold Price in Pakistan Today – 16 September 2023

Gold Price in Pakistan Today – 26 September 2023

On Tuesday (September 26, 2023), the gold rate for one tola of 24-karat in Karachi, Pakistan, is Rs 210,100.000.It's important to note that gold...
KIA sportage price in Pakistan

KIA Sportage Price in Pakistan 2023

KIA is a South Korean automobile manufacturing company renowned for its stylish design, comfort, impressive features, and reliable performance. KIA made its significant entry...
3400 terrorists killed, 837 hideouts destroyed so far under Zarb-e-Azb

Three terrorists including Commander killed in Tirah: ISPR

RAWALPINDI, Pakistan: The security forces conducted an Intelligence-Based Operation (IBO) in Tirah area of Khyber district on the night of September 25/26, 2023 on...

SIFC is an honorable option that would change dynamics of Pak-Gulf relations, reports Arab...

Monitoring Desk: For the first time in its decades of foreign relations with Saudi Arabia, UAE, Qatar, and China, Pakistan is not asking for...