Global Trade Alert
Global Trade Alert

Saudi Arabia: Government increases custom duties on certain goods

Announcement

15 Jul 2024

In July 2024, the Saudi Arabian government announced increasing the import duties of three goods in order to protect and encourage national industries.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

16 Jul 2024

Revocation date:

No revocation date

Updated: 15 Jul 2024
Import tariff In force

On 15 July 2024, the Saudi Arabian government issued Minister of Finance Resolution No. (1-88-1446), increasing the import duties of three goods from 5% to 15%. The stated objective is to "protect ...

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