🇶🇦 Qatar exports of reduced iron and sponge iron: 2024 trade data
Qatar exported $66.5 million of reduced iron and sponge iron in 2024 (173.1 thousand tonnes). It ranks 10th of 96 countries for exports of this product. Value fell 62% from 2023. Over 2017-2024 the trade grew strongly, by about 44% a year on average. The peak in this period was 2022, at $229.9 million.
Public statistics, latest reported year 2024. Values in US dollars.
Exports of reduced iron and sponge iron by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $66.5M | 173.1K t |
| 2023 | $176.7M | 292.3K t |
| 2022 | $229.9M | 501.6K t |
| 2021 | $60.0M | 231.7K t |
| 2020 | $423K | 4.2K t |
| 2019 | $568K | 1.8K t |
| 2018 | $0K | - |
| 2017 | $5.2M | 18.7K t |
Where Qatar exports reduced iron and sponge iron to
One buyer market dominates: Kuwait accounted for 95% of the value.
| Destination | Value | Share |
|---|---|---|
| 🇰🇼 Kuwait | $62.9M | 95% |
| 🇯🇵 Japan | $3.6M | 5.4% |
| 🇸🇦 Saudi Arabia | $19K | 0% |
| 🇧🇪 Belgium | $2K | 0% |
| 🇨🇿 Czech Republic | $1K | 0% |
| 🇮🇩 Indonesia | $0K | 0% |
Average export price of reduced iron and sponge iron
The average declared value was about $0.38 per kg, 27% 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 Qatar?
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.
Reduced iron and sponge iron trade in Qatar: questions
Does Qatar export reduced iron and sponge iron?
Yes. Qatar exported reduced iron and sponge iron worth $66.5 million in 2024, mainly to Kuwait, Japan, Saudi Arabia.
What is the HS code for reduced iron and sponge iron?
Reduced iron and sponge iron falls under HS heading 7203 (Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or the li). The six-digit codes under it split the product by type.
How can I find the companies trading reduced iron and sponge iron with Qatar?
These public statistics stop at country level. EximDataX builds Qatar trade from the records of its trading partners, updated weekly, so you can see who ships this product there.
Reduced iron and sponge iron trade in other countries
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