🇸🇦 Saudi Arabia imports of electromagnet: 2024 trade data
Saudi Arabia imported $30.5 million of electromagnet in 2024 (3.6 thousand tonnes). Value rose 6% on 2023. Over 2017-2024 the trade grew strongly, by about 17% a year on average.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of electromagnet by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $30.5M | 3.6K t |
| 2023 | $28.7M | 940 t |
| 2022 | $16.3M | 1.1K t |
| 2021 | $13.6M | 773 t |
| 2020 | $10.1M | 507 t |
| 2019 | $13.1M | 571 t |
| 2018 | $10.9M | 557 t |
| 2017 | $10.4M | 520 t |
Where Saudi Arabia imports electromagnet from
The largest suppliers were China (28%), Germany (13%), United States (11%). Among the main suppliers, Turkey grew fastest (+537% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| 🇨🇳 China | $8.5M | 28% |
| 🇩🇪 Germany | $4.0M | 13% |
| 🇺🇸 United States | $3.5M | 11% |
| 🇮🇹 Italy | $2.7M | 8.9% |
| 🇳🇴 Norway | $2.6M | 8.5% |
| 🇬🇧 United Kingdom | $1.1M | 3.6% |
| 🇮🇳 India | $972K | 3.2% |
| 🇦🇹 Austria | $889K | 2.9% |
| 🇹🇷 Turkey | $737K | 2.4% |
| 🇫🇷 France | $577K | 1.9% |
Types of electromagnet under HS 8505
| 8505.90 | Magnets: electro-magnets, holding devices and parts n.e.c. in heading no. 8505 | 44% |
| 8505.19 | Magnets: permanent magnets and articles intended to become permanent magnets after magnetisation, other than of metal | 20% |
| 8505.11 | Magnets: permanent magnets and articles intended to become permanent magnets after magnetisation, of metal | 18% |
| 8505.20 | Magnets: electro-magnetic couplings, clutches and brakes | 18% |
Codes and full descriptions: HS heading 8505.
Average import price of electromagnet
The average declared value was about $8.56 per kg, 45% below the world average of $15.58, 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.
Saudi Arabia also exports electromagnet
Saudi Arabia exported $743 thousand of electromagnet in 2024 (48 tonnes). The largest buyer markets were Ecuador (32%), United Arab Emirates (24%), United States (15%). Among the main buyer markets, United States grew fastest, more than tenfold on the year before.
| Destination | Value | Share |
|---|---|---|
| 🇪🇨 Ecuador | $237K | 32% |
| 🇦🇪 United Arab Emirates | $177K | 24% |
| 🇺🇸 United States | $109K | 15% |
| 🇬🇧 United Kingdom | $96K | 13% |
| 🇩🇪 Germany | $29K | 3.9% |
| 🇪🇬 Egypt | $26K | 3.5% |
| 🇳🇱 Netherlands | $12K | 1.6% |
| 🇮🇳 India | $12K | 1.6% |
| 🇧🇭 Bahrain | $11K | 1.5% |
| 🇦🇺 Australia | $7K | 0.9% |
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 8505: Electro-magnets; permanent magnets, intended permanent magnets; electro-magnetic, permanent magnet chucks, clamps, similar; electromagnetic couplings, clutches, brakes; electro-magnetic lifting heads.
Electromagnet trade in Saudi Arabia: questions
What is the value of electromagnet imported by Saudi Arabia?
Saudi Arabia imported electromagnet worth $30.5 million in 2024 (3.6 thousand tonnes).
Where does Saudi Arabia import electromagnet from?
The main supplier countries in 2024 were China (28%), Germany (13%), United States (11%).
What is the average import price of electromagnet in Saudi Arabia?
The average declared import value was about $8.56 per kg in 2024, against a world average of $15.58 per kg.
Does Saudi Arabia export electromagnet?
Yes. Saudi Arabia exported electromagnet worth $743 thousand in 2024, mainly to Ecuador, United Arab Emirates, United States.
What is the HS code for electromagnet?
Electromagnet falls under HS heading 8505 (Electro-magnets; permanent magnets, intended permanent magnets; electro-magnetic, permanent magnet chucks, clamps, simil). The six-digit codes under it split the product by type.
How can I find the companies trading electromagnet 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.
Electromagnet trade in other countries
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