Arab Press

بالشعب و للشعب
Friday, Aug 08, 2025

48.5% increase in value of Saudi international trade in a year

48.5% increase in value of Saudi international trade in a year

The value of Saudi Arabia’s international trade posted a new record with an annual increase of 48.5 percent after its volume reaching SR516 billion in the first quarter of 2022.
The annual increase in the value of international trade during the year amounted to SR168.6 billion up from SR347.4 billion in the first quarter of 2021 reaching SR516 billion in the first quarter of this year.

International trade recorded continuous growth during the past five years. It rose by 11.1 percent from SR333.094 million to SR370.290 million in 2018.

The increase in 2019 was 3 percent, reaching SR381.279 million, and it jumped in 2020 by 15 percent reaching SR324.053 9 million and in 2021 it increased by 7.2 percent, amounting to SR347.423 million while the increase in 2022 was by 48.5 percent, reaching SR516.051 million.

The Kingdom’s merchandise exports registered a record increase as well, with an annual rise of 72.7 percent, to register exports worth SR359.2 billion, which is the largest value of quarterly exports during the past five years.

The value of annual exports reached SR207.373.8 million in 2017; an increase 17.8 percent in 2018 reaching SR244.235.0 million; an increase of 2 percent in 2019 reaching 249.087.3 million, and a decline in 2020 with the beginning of the coronavirus pandemic reaching SR191.673 million, down by 23.1 percent.

The merchandise exports again recorded a rise in 2021 reaching SR208.031 million, an increase of 8.5 percent, and posted the highest rise during the current year, reaching SR359.276 million.

The Kingdom’s merchandise imports increased during the year 2022 by 12.5 percent, recording an import value of SR156.775 million during the first quarter of this year, which is the largest relative increase recorded by quarterly imports.

Merchandise imports rose from SR125.720 million in 2017 to SR126.055 million in 2018, an increase of 0.3 percent, and rose in 2019 to SR132.191.8 million with a growth of 4.9 percent, to rise in 2020 slightly and reach SR132.380 million, with a relative increase of 0.1 percent, while it rose in 2021 to 139.392 million, an increase of 5.3 percent, to reach SR156.775 million in 2022.
Newsletter

Related Articles

Arab Press
0:00
0:00
Close
British Labour Government Utilizes Counter-Terrorism Tools for Social Media Monitoring Against Legitimate Critics
WhatsApp Deletes 6.8 Million Scam Accounts Amid Rising Global Fraud
Texas Residents Face Water Restrictions While AI Data Centers Consume Millions of Gallons
India Rejects U.S. Tariff Threat, Defends Russian Oil Purchases
United States Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile
Thousands of Private ChatGPT Conversations Accidentally Indexed by Google
China Tightens Mineral Controls, Curtailing Critical Inputs for Western Defence Contractors
JPMorgan and Coinbase Unveil Partnership to Let Chase Cardholders Buy Crypto Directly
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
WhatsApp Users Targeted in New Scam Involving Account Takeovers
Trump Deploys Nuclear Submarines After Threats from Former Russian President Medvedev
Germany’s Economic Breakdown and the Return of Militarization: From Industrial Collapse to a New Offensive Strategy
Germany Enters Fiscal Crisis as Cabinet Approves €174 Billion in New Debt
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
UN's Top Court Declares Environmental Protection a Legal Obligation Under International Law
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
Japanese Prime Minister Vows to Stay After Coalition Loses Upper House Majority
President Trump Diagnosed with Chronic Venous Insufficiency After Leg Swelling
Man Dies After Being Pulled Into MRI Machine Due to Metal Chain in New York Clinic
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
Iranian President Reportedly Injured During Israeli Strike on Secret Facility
Kurdistan Workers Party Takes Symbolic Step Towards Peace in Northern Iraq
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
AI Raises Alarms Over Long-Term Job Security
Russia Formally Recognizes Taliban Government in Afghanistan
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Mediators Edge Closer to Israel-Hamas Ceasefire Agreement
Germany Seeks Taliban Deal to Deport Afghan Migrants
Emirates Airline Expands Market Share with New $20 Million Campaign
Robots Compete in Football Tournament in China Amid Injuries
China Unveils Miniature Insect-Like Surveillance Drone
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Iran Executes Alleged Israeli Spies and Arrests Hundreds Amid Post-War Crackdown
Trump Asserts Readiness for Further Strikes on Iran Amid Nuclear Tensions
Qatar Airways Clears Backlog of Passengers Following Missile Threats
Iran's Parliament Votes to Suspend Cooperation with Nuclear Watchdog
Trump Announces Upcoming US-Iran Meeting Amid Controversial Airstrikes
Trump Moves to Reshape Middle East Following Israel-Iran Conflict
NATO Leaders Endorse Plan for Increased Defence Spending
U.S. Crude Oil Prices Drop Below $65 Amid Market Volatility
“You Have 12 Hours to Flee”: Israeli Threat Campaign Targets Surviving Iranian Officials
Oman Set to Introduce Personal Income Tax, First in Gulf
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
×