Riyadh – Mubasher: The Saudi merchandise imports rose 2.3% or about SAR 1 billion in October 2017, compared to the year-ago period, the General Authority for Statistics (GASTAT) said on Wednesday.
The Kingdom’s imports increased to SAR 43.88 billion during October 2017, from SAR 42.88 billion in the same period a year earlier, the GASTAT added.
The Saudi body noted that the year-on-year rise was attributed to a growth in machinery appliances and electrical equipment imports with 10.5% to hit SAR 11.36 billion in October 2017, compared to SAR 10.28 billion in the same period the prior year.
Imports of transport equipment and parts thereof increased 1.3%, reaching SAR 7.39 billion during October 2017, versus SAR 7.3 billion in the corresponding period in the year earlier.
Chemical product imports jumped 8.6% year-on-year to SAR 4.86 billion in October, from SAR 4.47 billion.
Imports of arms, ammu parts, and acc. Thereof surged 49.6%, reaching SAR 1.82 billion during October 2017, compared to SAR 1.21 billion in the same month in year before.
Month-on-month, the value of Saudi imports increased by 39.2% or SAR 12.36 billion in October 2017.