Merchandise Imports in Saudi Arabia
Merchandise imports in Saudi Arabia were worth USD 176 billion in 2022, compared to USD 153 billion ten years earlier, and averaged USD 143 billion over the last decade. For more imports information, visit our dedicated page.
Saudi Arabia Merchandise Imports Chart
Note: This chart displays Imports (USD billion) for Saudi Arabia from 2021 to 2020.
Source: Macrobond.
Saudi Arabia Merchandise Imports Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Merchandise Imports (USD bn) | 140 | 126 | 140 | 176 | 195 |
| Merchandise Imports (ann. var. %) | 11.7 | -10.3 | 11.0 | 25.8 | 11.3 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Saudi Arabian merchandise imports projections for the next ten years from a panel of 9 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable merchandise imports forecast available for Saudi Arabian merchandise imports.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Saudi Arabian merchandise imports projections.
Want to get access to the full dataset of Saudi Arabian merchandise imports forecasts? Send an email to info@focus-economics.com.