Carbon steel seamless drill pipe imports in Saudi Arabia: data, top suppliers and prices
In 2024, Saudi Arabia imported carbon steel seamless drill pipe worth $63.6 million (14.3 thousand tonnes). That makes it the 2nd largest importer of this product worldwide, out of 175 countries. Value fell 44% from 2023. Over 2017-2024 the trade grew strongly, by about 30% a year on average. The peak in this period was 2023, at $113.5 million.
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 | $63.6M | 14.3K t |
| 2023 | $113.5M | 28.2K t |
| 2022 | $58.2M | 12.9K t |
| 2021 | $24.5M | 5.1K t |
| 2020 | $35.8M | 7.9K t |
| 2019 | $47.6M | 10.1K t |
| 2018 | $53.1M | 12.4K t |
| 2017 | $10.2M | 3.3K t |
Where Saudi Arabia imports carbon steel seamless drill pipe from
China alone supplied 93% of it.
| Supplier country | Value | Share |
|---|---|---|
| China | $59.3M | 93% |
| Austria | $2.7M | 4.2% |
| India | $335K | 0.5% |
| Bahrain | $251K | 0.4% |
| United States | $238K | 0.4% |
| Sweden | $103K | 0.2% |
| Russia | $103K | 0.2% |
| Germany | $97K | 0.2% |
| United Arab Emirates | $87K | 0.1% |
| France | $77K | 0.1% |
Average import price per kg
The average declared value was about $4.44 per kg, 48% above the world average of $3.01. 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.
Carbon steel seamless drill pipe exports from Saudi Arabia
In 2024, Saudi Arabia exported carbon steel seamless drill pipe worth $5.5 million (4.2 thousand tonnes). Its share of world exports was 1%. Most of it went to United Arab Emirates (47%), China (21%), India (20%). Among the main buyer markets, United Arab Emirates grew fastest (+458% on the year before).
| Destination | Value | Share |
|---|---|---|
| United Arab Emirates | $2.6M | 47% |
| China | $1.2M | 21% |
| India | $1.1M | 20% |
| Singapore | $235K | 4.3% |
| Qatar | $147K | 2.7% |
| Bahrain | $117K | 2.1% |
| Egypt | $86K | 1.6% |
| United States | $37K | 0.7% |
| Yemen | $9K | 0.2% |
| Germany | $2K | 0% |
Who is behind these numbers in Saudi Arabia?
The shipment records behind Saudi Arabia carbon steel seamless drill pipe imports (HS 7304.23): 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 7304.23: Iron or steel (excluding cast iron or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gas.
Common questions
What is the value of carbon steel seamless drill pipe imported by Saudi Arabia?
Saudi Arabia imported carbon steel seamless drill pipe worth $63.6 million in 2024, the latest year with complete public data, about 14.3 thousand tonnes. That ranks it 2nd of 175 countries worldwide, with 9% of world imports. The value was down 44% on 2023.
Which countries supply carbon steel seamless drill pipe to Saudi Arabia?
China was the largest supplier with 93% of the value ($59.3 million), followed by Austria (4%) and India (1%). The top three together account for 98%, out of 32 supplier countries in total. Russia grew fastest among the top ten, up 511% on the year.
What is the average import price of carbon steel seamless drill pipe per kg?
The average declared import value was about $4.44 per kg in 2024, 48% above the world average of $3.01 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have imports of carbon steel seamless drill pipe to Saudi Arabia changed since 2017?
Imports went from $10.2 million in 2017 to $63.6 million in 2024, an increase of 521%. The peak was 2023 at $113.5 million. Over 8 years the average was $50.8 million a year.
Does Saudi Arabia also export carbon steel seamless drill pipe?
Yes. Saudi Arabia exported $5.5 million worth of this product in 2024, mainly to the United Arab Emirates, China and India. On balance Saudi Arabia is a net importer of this product, by about $58.1 million a year.
What is the HS code for carbon steel seamless drill pipe?
The HS code for carbon steel seamless drill pipe is subheading 7304.23. It sits in HS chapter 73 (iron or steel articles). The full list of codes and descriptions is on the HS 7304 page.
How can I find the companies behind this trade?
EximDataX rebuilds Saudi Arabia trade from the customs records of its trading partners, so the companies shipping to and from it are visible. Ask for a live look at your product.
Same product, other countries
World carbon steel seamless drill pipe trade: top importers and exporters
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