Saudi private sector imports financed by commercial banks rose by 4.5% in June

By: Mohamed Alabdullah

Saudi private sector imports financed by commercial banks (including letters of credit and notes under collection) rose by 4.5% in June 2025 compared to May 2025, reaching SAR 15.162 billion in June, compared to SAR 14.503 billion in May.

The monthly statistical bulletin issued by the Saudi Central Bank indicated that private sector imports financed by commercial banks (paid letters of credit and notes under collection) are distributed across seven sectors (foodstuffs, textiles and clothing, building materials, automobiles, machinery, appliances, and other goods). It added that the volume of private sector imports financed by commercial banks in the “foodstuffs” sector amounted to SAR 1.306 billion in June 2025, compared to SAR 1.425 billion in May 2025. The bulletin also stated that the volume of private sector imports financed by commercial banks in the “textiles and clothing” sector amounted to SAR 47 million in June 2025, compared to SAR 59 million in May 2025. In the “building materials” sector, imports amounted to SAR 2.449 billion in June 2025, compared to SAR 2.099 billion in May 2025. In the “automotive” sector, imports amounted to SAR 2.645 billion in June 2025, compared to SAR 2.645 billion in May 2025. 2.010 billion in May 2025.

The bulletin added that the volume of private sector imports financed by commercial banks in the “Machinery” sector amounted to 928 million riyals in June 2025, compared to 1.090 billion riyals in May 2025. Meanwhile, in the “Equipment” sector, it amounted to 295 million riyals in June 2025, compared to 244 million riyals in May 2025. In the “Other Goods” sector, it amounted to 7.491 billion riyals in June 2025, compared to 7.577 billion riyals in May 2025.

The bulletin confirmed that private sector imports financed by commercial banks (credits paid and notes under collection) increased by 9.9% year-on-year, reaching 15.162 billion riyals in June 2025, compared to 13.795 billion riyals in June 2024.

The bulletin indicated that the volume of private sector imports financed by commercial banks in the ” The food sector reached 1.306 billion riyals in June 2025, compared to 1.074 billion riyals in June 2024. The textiles and clothing sector reached 47 million riyals in June 2025, compared to 40 million riyals in June 2024. The building materials sector reached 2.449 billion riyals in June 2025, compared to 2.257 billion riyals in June 2024. The automobile sector reached 2.645 billion riyals in June 2025, compared to 3.095 billion riyals in June 2024.

The bulletin stated that the volume of private sector imports financed by commercial banks in the machinery sector reached 928 million riyals in June 2025, compared to 804 million riyals in June 2024. The appliances sector reached 295 million riyals in June 2025, compared to 299 million riyals in June 2024. Other goods” amounted to 7.491 billion riyals in June 2025, compared to 6.226 billion riyals in June 2024.