🇸🇦 Saudi Arabia imports of copper ingots: 2024 trade data
Imports of copper ingots by Saudi Arabia reached $1.49 billion in 2024 (161.4 thousand tonnes). Its share of world imports was 2%. Value rose 22% on 2023. Over 2017-2024 the trade grew strongly, by about 52% a year on average.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of copper ingots by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $1.49B | 161.4K t |
| 2023 | $1.22B | 141.6K t |
| 2022 | $1.04B | 121.4K t |
| 2021 | $713.9M | 79.9K t |
| 2020 | $11.5M | 1.7K t |
| 2019 | $17.2M | 2.6K t |
| 2018 | $65.2M | 10.0K t |
| 2017 | $78.9M | 12.8K t |
Where Saudi Arabia imports copper ingots from
DR Congo alone supplied 58% of it. Among the main suppliers, Poland grew fastest (+372% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| 🇨🇩 DR Congo | $857.7M | 58% |
| 🇨🇬 Republic of the Congo | $403.5M | 27% |
| 🇿🇲 Zambia | $97.5M | 6.5% |
| 🇵🇱 Poland | $59.5M | 4% |
| 🇮🇳 India | $31.3M | 2.1% |
| 🇺🇿 Uzbekistan | $10.1M | 0.7% |
| 🇹🇷 Turkey | $9.4M | 0.6% |
| 🇦🇿 Azerbaijan | $4.8M | 0.3% |
| 🇨🇭 Switzerland | $3.8M | 0.3% |
| Taiwan | $3.8M | 0.3% |
Types of copper ingots under HS 7403
| 7403.11 | Copper: refined, unwrought, cathodes and sections of cathodes | 98% |
| 7403.12 | Copper: refined, unwrought, wire-bars | 1.1% |
| 7403.21 | Copper: copper-zinc base alloys (brass) unwrought | 0.3% |
| 7403.19 | Copper: refined, unwrought, n.e.c. in item no. 7403.1 | 0.2% |
| 7403.29 | Copper: copper alloys n.e.c. in heading no. 7403 (other than master alloys of heading no. 7405) | 0.2% |
| 7403.22 | Copper: copper-tin base alloys (bronze) unwrought | 0.1% |
| 7403.13 | Copper: refined, unwrought, billets | 0% |
Codes and full descriptions: HS heading 7403.
Average import price of copper ingots
The average declared value was about $9.24 per kg, close to the world average of $9.12.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Saudi Arabia also exports copper ingots
Saudi Arabia exported $25.2 million of copper ingots in 2024 (3.4 thousand tonnes). Most of it went to China (46%), Egypt (11%), Italy (9%). Among the main buyer markets, China grew fastest (+914% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇨🇳 China | $11.6M | 46% |
| 🇪🇬 Egypt | $2.8M | 11% |
| 🇮🇹 Italy | $2.3M | 9.1% |
| 🇺🇸 United States | $1.5M | 6.1% |
| 🇹🇭 Thailand | $1.3M | 5.3% |
| 🇮🇶 Iraq | $1.3M | 5% |
| 🇵🇱 Poland | $1.2M | 4.6% |
| 🇸🇩 Sudan | $812K | 3.2% |
| 🇰🇼 Kuwait | $652K | 2.6% |
| 🇱🇧 Lebanon | $434K | 1.7% |
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 7403: Copper; refined and copper alloys, unwrought.
Copper ingots trade in Saudi Arabia: questions
What is the value of copper ingots imported by Saudi Arabia?
Saudi Arabia imported copper ingots worth $1.49 billion in 2024 (161.4 thousand tonnes).
Where does Saudi Arabia import copper ingots from?
The main supplier countries in 2024 were DR Congo (58%), Republic of the Congo (27%), Zambia (7%).
What is the average import price of copper ingots in Saudi Arabia?
The average declared import value was about $9.24 per kg in 2024, against a world average of $9.12 per kg.
Does Saudi Arabia export copper ingots?
Yes. Saudi Arabia exported copper ingots worth $25.2 million in 2024, mainly to China, Egypt, Italy.
What is the HS code for copper ingots?
Copper ingots falls under HS heading 7403 (Copper; refined and copper alloys, unwrought). The six-digit codes under it split the product by type.
How can I find the companies trading copper 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.
Copper ingots trade in other countries
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