Saudi Arabian imports from the GCC decrease by 2.5% YoY in July

UAE accounted for 66 percent of Saudi trade with its Gulf neighbors. (Shutterstock)

• Saudi Arabia imported $1.28 billion of goods from fellow GCC countries in July

CAIRO: Saudi Arabia imported SR4.8 billion ($1.28 billion) worth of goods from fellow GCC countries in July 2021, down by 2.5 percent from a year ago, according to the General Authority of Statistics.

The UAE accounted for 66 percent of GCC traded goods with Saudi Arabia in July. However, the Kingdom recorded a 6.2 percent decrease in imports from its Gulf neighbor.

Saudi imports from Bahrain saw the biggest decrease among GCC countries with a drop of 21 percent to SR811 million.