Reduced iron and sponge iron imports in Egypt: data, top suppliers and prices
Imports of reduced iron and sponge iron by Egypt reached $79.2 million in 2024 (201.8 thousand tonnes). Its share of world imports was 2%. Value rose 100% on 2023. Over 2017-2024 the trade grew strongly, by about 191% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $79.2M | 201.8K t |
| 2023 | $39.5M | 858 t |
| 2022 | $56.4M | 119.1K t |
| 2021 | $8.7M | 20.9K t |
| 2020 | $2K | - |
| 2019 | $9K | 12 t |
| 2018 | $528K | 1.4K t |
| 2017 | $45K | 70 t |
Where Egypt imports reduced iron and sponge iron from
Russia alone supplied 54% of it.
| Supplier country | Value | Share |
|---|---|---|
| Russia | $43.0M | 54% |
| Libya | $34.8M | 44% |
| United States | $1.3M | 1.6% |
| China | $53K | 0.1% |
| France | $0K | 0% |
| Germany | $0K | 0% |
Product types under HS 7203
| 7203.10 | Ferrous products: obtained by direct reduction of iron ore, in lumps, pellets or similar forms | 96% |
| 7203.90 | Ferrous products: spongy ferrous products and iron having a minimum purity by weight of 99.94%, in lumps, pellets or similar forms | 4.4% |
Codes and full descriptions: HS heading 7203.
Average import price per kg
The average declared value was about $0.39 per kg, 30% above the world average of $0.30. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in Egypt?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Mirror data: built from the shipment records of the countries that trade with it.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 7203: Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or the like; iron having a minimum purity of 99.94%, in lumps, pellets or similar forms.
Common questions
What is the value of reduced iron and sponge iron imported by Egypt?
Egypt imported reduced iron and sponge iron worth $79.2 million in 2024, the latest year with complete public data, about 201.8 thousand tonnes. That ranks it 18th of 147 countries worldwide, with 2% of world imports. The value was up 100% on 2023.
Which countries supply reduced iron and sponge iron to Egypt?
Russia was the largest supplier with 54% of the value ($43.0 million), followed by Libya (44%) and the United States (2%). The top three together account for 100%, out of 6 supplier countries in total. China grew fastest among the top ten, up 425% on the year.
What is the average import price of reduced iron and sponge iron per kg?
The average declared import value was about $0.39 per kg in 2024, 30% above the world average of $0.30 per kg. It is total declared value divided by total weight, so it blends every grade and size; use it as a benchmark, not a quote. Prices per shipment and per company are in EximDataX.
How have imports of reduced iron and sponge iron to Egypt changed since 2017?
Imports went from $45 thousand in 2017 to $79.2 million in 2024. 2024 was the highest year in the period. Monthly and weekly movements since then are in EximDataX.
Does Egypt also export reduced iron and sponge iron?
Yes. Egypt exported $1.3 million worth of this product in 2024, mainly to Germany, India and Kuwait. On balance Egypt is a net importer of this product, by about $77.9 million a year.
What is the HS code for reduced iron and sponge iron?
The HS code for reduced iron and sponge iron is heading 7203. In Egypt the largest six-digit codes were 7203.10 (96% of the value) and 7203.90 (4%). It sits in HS chapter 72 (iron and steel). The full list of codes and descriptions is on the HS 7203 page.
How can I find the companies behind this trade?
Public statistics stop at country totals. EximDataX rebuilds Egypt trade from the customs records of its trading partners, updated weekly, so you can see the companies that ship to and from it. Tell us your product and we will show you the latest records on a live call.
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