🇸🇦 Saudi Arabia exports of alloy steel ingots: 2024 trade data
In 2024, Saudi Arabia exported alloy steel ingots worth $2.2 million (1.1 thousand tonnes). That is 88% less than in 2023. Over 2017-2024 it shrank by about 14% a year on average. The peak in this period was 2023, at $18.2 million.
Public statistics, latest reported year 2024. Values in US dollars.
Exports of alloy steel ingots by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $2.2M | 1.1K t |
| 2023 | $18.2M | 4 t |
| 2022 | $204K | 76 t |
| 2021 | $128K | 161 t |
| 2020 | $789K | 856 t |
| 2019 | $3.7M | 3.9K t |
| 2018 | $8.4M | 8.9K t |
| 2017 | $6.0M | 6.9K t |
Where Saudi Arabia exports alloy steel ingots to
United Arab Emirates alone took 98% of it.
| Destination | Value | Share |
|---|---|---|
| 🇦🇪 United Arab Emirates | $2.1M | 98% |
| 🇧🇭 Bahrain | $42K | 2% |
| 🇴🇲 Oman | $3K | 0.1% |
Types of alloy steel ingots under HS 7224
| 7224.10 | Steel, alloy: ingots and other primary forms | 100% |
| 7224.90 | Steel, alloy: semi-finished products | 0.1% |
Codes and full descriptions: HS heading 7224.
Average export price of alloy steel ingots
The average declared value was about $1.88 per kg, 86% above the world average of $1.01. 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.
Saudi Arabia also imports alloy steel ingots
In 2024, Saudi Arabia imported alloy steel ingots worth $792 thousand (1.1 thousand tonnes). One supplier dominates: China accounted for 84% of the value. Among the main suppliers, United States grew fastest (+560% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| 🇨🇳 China | $668K | 84% |
| 🇺🇸 United States | $56K | 7.1% |
| 🇰🇼 Kuwait | $21K | 2.7% |
| 🇬🇧 United Kingdom | $21K | 2.6% |
| 🇮🇳 India | $15K | 1.9% |
| 🇮🇹 Italy | $9K | 1.1% |
| 🇦🇹 Austria | $2K | 0.2% |
| 🇫🇮 Finland | $0K | 0% |
Who is behind these numbers in Saudi Arabia?
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 7224: Alloy steel in ingots or other primary forms, semi-finished products of other alloy steel.
Alloy steel ingots trade in Saudi Arabia: questions
What is the value of alloy steel ingots imported by Saudi Arabia?
Saudi Arabia imported alloy steel ingots worth $792 thousand in 2024 (1.1 thousand tonnes).
Where does Saudi Arabia import alloy steel ingots from?
The main supplier countries in 2024 were China (84%), United States (7%), Kuwait (3%).
What is the average import price of alloy steel ingots in Saudi Arabia?
The average declared import value was about $0.71 per kg in 2024, against a world average of $1.01 per kg.
Does Saudi Arabia export alloy steel ingots?
Yes. Saudi Arabia exported alloy steel ingots worth $2.2 million in 2024, mainly to United Arab Emirates, Bahrain, Oman.
What is the HS code for alloy steel ingots?
Alloy steel ingots falls under HS heading 7224 (Alloy steel in ingots or other primary forms, semi-finished products of other alloy steel). The six-digit codes under it split the product by type.
How can I find the companies trading alloy steel ingots with Saudi Arabia?
These public statistics stop at country level. EximDataX builds Saudi Arabia trade from the records of its trading partners, updated weekly, so you can see who ships this product there.
Alloy steel ingots trade in other countries
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