Money and business

14.4 billion riyals financing facilities for private sector imports in Saudi Arabia


Commercial banks provided financing facilities for private sector imports in Saudi Arabia (paid credits and collection papers) last November, estimated at 14.4 billion riyals.

The monthly statistical bulletin issued by the Central Bank of Saudi Arabia showed "Sama"that The private sector, decreased on an annual basis last November, by 7%, compared to 15.5 billion riyals in the same month last year.

According to the bulletin, cars came in first place for financing facilities for private sector imports, recording 2.4 billion riyals, rising on a monthly basis by 32.5%, while they decreased on an annual basis by 27.3%.

Building materials came in second place. With financing facilities amounting to 2.3 billion riyals, compared to 1.9 billion riyals in October 2025, and 2.5 billion riyals in November of last year, with a monthly increase of 20.9%, and an annual decrease of 7.8%.

According to the bulletin, food imports came in third place for financing facilities for the private sector, with a value of 1.8 billion riyals, compared to 1.4 billion riyals last October, and 984 million riyals. In November 2024.

Foodstuffs

Foodstuff imports were distributed between 238 million riyals for grains, 46 million riyals for sugar, tea and coffee, 211 million riyals for livestock and meat, 71 million riyals for fruits and vegetables, and 1.2 billion riyals for other foodstuffs.

Appliance imports came in fourth place with financing facilities of 555 million riyals, high. By 88.8% on an annual basis, in November, compared to 294 million riyals in the same month of 2024, and a decrease of 7.6% on a monthly basis.

The value of machinery imports last November amounted to 525 million riyals, a decrease of 20.2%, on a monthly basis, compared to 658 million riyals last October, while it decreased by 26.9% on an annual basis, compared to 718 million riyals per month. Similar to last year.

Financing facilities for imports of other goods last May amounted to about 6.6 billion riyals.

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