🇸🇦 Saudi Arabia exports of aluminium ingots: 2024 trade data
Exports of aluminium ingots by Saudi Arabia reached $815.5 million in 2024 (338.7 thousand tonnes). Its share of world exports was 1%. That is close to the 2023 level. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2022, at $1.39 billion.
Public statistics, latest reported year 2024. Values in US dollars.
Exports of aluminium ingots by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $815.5M | 338.7K t |
| 2023 | $798.9M | 328.4K t |
| 2022 | $1.39B | 482.0K t |
| 2021 | $1.21B | 490.8K t |
| 2020 | $794.8M | 437.4K t |
| 2019 | $920.2M | 463.0K t |
| 2018 | $1.30B | 566.7K t |
| 2017 | $1.14B | 562.8K t |
Where Saudi Arabia exports aluminium ingots to
Most of it went to South Korea (16%), Japan (15%), Italy (11%). Trade is spread widely: the top three buyer markets together make up only 41%. Among the main buyer markets, France grew fastest (+197% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇰🇷 South Korea | $127.5M | 16% |
| 🇯🇵 Japan | $119.1M | 15% |
| 🇮🇹 Italy | $89.3M | 11% |
| 🇹🇭 Thailand | $84.4M | 10% |
| 🇲🇾 Malaysia | $75.2M | 9.2% |
| Taiwan | $69.4M | 8.5% |
| 🇫🇷 France | $33.2M | 4.1% |
| 🇧🇭 Bahrain | $28.3M | 3.5% |
| 🇪🇬 Egypt | $24.9M | 3.1% |
| 🇻🇳 Vietnam | $23.8M | 2.9% |
Types of aluminium ingots under HS 7601
| 7601.10 | Aluminium: unwrought, (not alloyed) | 85% |
| 7601.20 | Aluminium: unwrought, alloys | 15% |
Codes and full descriptions: HS heading 7601.
Average export price of aluminium ingots
The average declared value was about $2.41 per kg, close to the world average of $2.57.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Saudi Arabia also imports aluminium ingots
Saudi Arabia imported $445.8 million of aluminium ingots in 2024 (163.9 thousand tonnes). Its share of world imports was 1%. One supplier dominates: Bahrain accounted for 78% of the value. Among the main suppliers, Russia grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| 🇧🇭 Bahrain | $347.2M | 78% |
| 🇦🇪 United Arab Emirates | $36.1M | 8.1% |
| 🇷🇺 Russia | $25.0M | 5.6% |
| 🇨🇳 China | $17.3M | 3.9% |
| 🇮🇳 India | $9.9M | 2.2% |
| 🇶🇦 Qatar | $4.0M | 0.9% |
| 🇳🇬 Nigeria | $1.2M | 0.3% |
| 🇴🇲 Oman | $1.1M | 0.3% |
| 🇲🇾 Malaysia | $579K | 0.1% |
| 🇪🇸 Spain | $404K | 0.1% |
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 7601: Aluminium; unwrought.
Aluminium ingots trade in Saudi Arabia: questions
What is the value of aluminium ingots imported by Saudi Arabia?
Saudi Arabia imported aluminium ingots worth $445.8 million in 2024 (163.9 thousand tonnes).
Where does Saudi Arabia import aluminium ingots from?
The main supplier countries in 2024 were Bahrain (78%), United Arab Emirates (8%), Russia (6%).
What is the average import price of aluminium ingots in Saudi Arabia?
The average declared import value was about $2.72 per kg in 2024, against a world average of $2.57 per kg.
Does Saudi Arabia export aluminium ingots?
Yes. Saudi Arabia exported aluminium ingots worth $815.5 million in 2024, mainly to South Korea, Japan, Italy.
What is the HS code for aluminium ingots?
Aluminium ingots falls under HS heading 7601 (Aluminium; unwrought). The six-digit codes under it split the product by type.
How can I find the companies trading aluminium 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.
Aluminium ingots trade in other countries
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