Forged steel articles exports from Kuwait: data, top buyers and prices
In 2024, Kuwait exported forged steel articles worth $2.3 million (82 tonnes). Value fell 17% from 2023. Over 2017-2024 the trade grew strongly, by about 40% a year on average. The peak in this period was 2022, at $3.0 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $2.3M | 82 t |
| 2023 | $2.7M | 50 t |
| 2022 | $3.0M | 582 t |
| 2021 | $450K | 74 t |
| 2020 | $28K | 58 t |
| 2019 | $35K | 8 t |
| 2018 | $103K | 76 t |
| 2017 | $216K | 801 t |
Where Kuwait exports forged steel articles to
The largest buyer markets were United Arab Emirates (50%), Saudi Arabia (31%), Bahrain (8%).
| Destination | Value | Share |
|---|---|---|
| United Arab Emirates | $1.1M | 50% |
| Saudi Arabia | $693K | 31% |
| Bahrain | $188K | 8.3% |
| Qatar | $94K | 4.2% |
| Oman | $91K | 4% |
| United Kingdom | $51K | 2.3% |
| Iraq | $22K | 1% |
| Egypt | $0K | 0% |
| Morocco | $0K | 0% |
Average export price per kg
The average declared value was about $27.74 per kg, 484% above the world average of $4.75. 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.
Forged steel articles imports to Kuwait
In 2024, Kuwait imported forged steel articles worth $1.9 million (316 tonnes). Most of the value came from China (30%), South Korea (20%), Italy (19%). Among the main suppliers, Netherlands grew fastest (+813% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| China | $552K | 30% |
| South Korea | $370K | 20% |
| Italy | $352K | 19% |
| Spain | $211K | 11% |
| India | $101K | 5.4% |
| United States | $66K | 3.5% |
| United Arab Emirates | $44K | 2.3% |
| Netherlands | $43K | 2.3% |
| Bangladesh | $28K | 1.5% |
| Turkey | $26K | 1.4% |
Who is behind these numbers in Kuwait?
The shipment records behind Kuwait forged steel articles exports (HS 7326.19): companies, dates, quantities and declared values.
Shipment records are in the platform
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Mirror data: built from the shipment records of the countries that trade with it.
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 7326.19: Iron or steel: articles n.e.c. in item no. 7326.11, forged or stamped, but not further worked.
Common questions
What is the value of forged steel articles exported by Kuwait?
Kuwait exported forged steel articles worth $2.3 million in 2024, the latest year with complete public data, about 82 tonnes. That ranks it 55th of 164 countries worldwide, with 0% of world exports. The value was down 17% on 2023.
Which countries buy forged steel articles from Kuwait?
The United Arab Emirates was the largest buyer with 50% of the value ($1.1 million), followed by Saudi Arabia (31%) and Bahrain (8%). The top three together account for 89%, out of 9 buyer countries in total. Saudi Arabia grew fastest among the top ten, up 25% on the year.
What is the average export price of forged steel articles per kg?
The average declared export value was about $27.74 per kg in 2024, 484% above the world average of $4.75 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have exports of forged steel articles from Kuwait changed since 2017?
Exports went from $216 thousand in 2017 to $2.3 million in 2024, an increase of 951%. The peak was 2022 at $3.0 million. Over 8 years the average was $1.1 million a year.
Does Kuwait also import forged steel articles?
Yes. Kuwait imported $1.9 million worth of this product in 2024, mainly from China, South Korea and Italy. On balance Kuwait is a net exporter of this product, by about $394 thousand a year.
What is the HS code for forged steel articles?
The HS code for forged steel articles is subheading 7326.19. It sits in HS chapter 73 (iron or steel articles). The full list of codes and descriptions is on the HS 7326 page.
How can I find the companies behind this trade?
The totals here are public statistics; EximDataX adds the company names by reading partner countries' customs records for Kuwait. Tell us your product to see it live.
Same product, other countries
World forged steel articles trade: top importers and exporters
More trade data for Kuwait
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