Saudi importation of transportation, machinery and equipment on the rise
In the KSA’ Ministry of Finance
website, it describes the data of imported Machinery & Electrical
Equipment, and Transportation Equipment from year 2000 to year 2012 steadily
increase. Given the trend, we can say that it will be more from 2013 to end
2014. Obviously, machinery and
electrical equipment are far higher than transportation equipment in terms of
monetary value because of the high cost of purchase and importation of
equipments (light and heavy) which are used in construction, oil related works
and activities in the kingdom.
However the data does not show
exactly the details of the equipment and machinery as to its type, category,
application and quantity.
Reference:
http://www.mof.gov.sa/English/DownloadsCenter/Pages/Statistics.aspx
Cars and Delivery Trucks at the highest importation point
In another statistics conducted
by Observatory of Economic Complexity of the Massachusets of Institute of Technology
( http://atlas.media.mit.edu/profile/country/sau/)
about Saudi Arabia it shows that CARS AND DELIVERY TRUCKS earned highest
points in goods imported by the kingdom from countries like China, US, South
Korea, Germany, and India. This definitely exclude machineries and equipment
for the construction, and oil and gas sector.
It is no wonder why the number of
cars stolen also increases as will be related in the next paragraph. Since the
number of cars in the kingdom increases the demand for spare parts also
increased which is for some people is an opportunity for business selling spare
parts from stolen and disassembled cars.
More Statistics Report
1. Number of cars
imported to Saudi Arabia. 777,000 units on the year 2013 and most probably
893,553 units this 2014.
2. Equipment/
machineries, trucks/ car maker latest export of vehicles to KSA from any year
to latest.
Toyota, Hyundai, Chrysler, Ford, GM and Jaguar Land Rover
3. Cars running in KSA,
example: Kia Toyota ford…and statistics, each car share in the market.. let
say, out of 1million Saudi residents, there are 600k KIA users, 100K Toyota,
etc.