Drill bits imports in Saudi Arabia: data, top suppliers and prices
Saudi Arabia imported $95.5 million of drill bits in 2024 (7.2 thousand tonnes). Its share of world imports was 2%. Value rose 21% on 2023. Over 2017-2024 the trade grew strongly, by about 43% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $95.5M | 7.2K t |
| 2023 | $78.9M | 3.7K t |
| 2022 | $57.2M | 5.3K t |
| 2021 | $42.6M | 3.1K t |
| 2020 | $12.8M | 1.1K t |
| 2019 | $9.8M | 616 t |
| 2018 | $10.1M | 589 t |
| 2017 | $8.0M | 556 t |
Where Saudi Arabia imports drill bits from
One supplier dominates: United Arab Emirates accounted for 53% of the value. Among the main suppliers, Germany grew fastest (+540% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| United Arab Emirates | $50.7M | 53% |
| China | $14.9M | 16% |
| Germany | $12.6M | 13% |
| United Kingdom | $2.6M | 2.7% |
| Poland | $2.6M | 2.7% |
| United States | $2.5M | 2.7% |
| Netherlands | $1.3M | 1.3% |
| Switzerland | $1.1M | 1.2% |
| India | $1.1M | 1.1% |
| Ireland | $974K | 1% |
Average import price per kg
The average declared value was about $13.30 per kg, 40% below the world average of $22.32, which often means bulk or lower-grade product.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Drill bits exports from Saudi Arabia
Saudi Arabia exported $11.7 million of drill bits in 2024 (1.7 thousand tonnes). One buyer market dominates: United Arab Emirates accounted for 70% of the value. Among the main buyer markets, China grew fastest, more than tenfold on the year before.
Who is behind these numbers in Saudi Arabia?
The shipment records behind Saudi Arabia drill bits imports (HS 8207.50): 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 8207.50: Tools, interchangeable: (for machine or hand tools, whether or not power-operated), tools for drilling (other than rock).
Common questions
What is the value of drill bits imported by Saudi Arabia?
Saudi Arabia imported drill bits worth $95.5 million in 2024, the latest year with complete public data, about 7.2 thousand tonnes. That ranks it 15th of 220 countries worldwide, with 2% of world imports. The value was up 21% on 2023.
Which countries supply drill bits to Saudi Arabia?
The United Arab Emirates was the largest supplier with 53% of the value ($50.7 million), followed by China (16%) and Germany (13%). The top three together account for 82%, out of 53 supplier countries in total. Germany grew fastest among the top ten, up 540% on the year.
What is the average import price of drill bits per kg?
The average declared import value was about $13.30 per kg in 2024, 40% below the world average of $22.32 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have imports of drill bits to Saudi Arabia changed since 2017?
Imports went from $8.0 million in 2017 to $95.5 million in 2024. 2024 was the highest year in the period. Over 8 years the average was $39.4 million a year.
Does Saudi Arabia also export drill bits?
Yes. Saudi Arabia exported $11.7 million worth of this product in 2024, mainly to the United Arab Emirates, China and Austria. On balance Saudi Arabia is a net importer of this product, by about $83.8 million a year.
What is the HS code for drill bits?
The HS code for drill bits is subheading 8207.50. It sits in HS chapter 82 (tools, implements, cutlery, spoons and forks, of base metal; parts thereof, of base metal). The full list of codes and descriptions is on the HS 8207 page.
How can I find the companies behind this trade?
The totals here are public statistics; EximDataX adds the company names by reading partner countries' customs records for Saudi Arabia. Tell us your product to see it live.
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