🇸🇦 Saudi Arabia exports of forged and hot-rolled steel bars: 2024 trade data
Saudi Arabia exported $163.3 million of forged and hot-rolled steel bars in 2024 (279.1 thousand tonnes). Its share of world exports was 1%. Value fell 57% from 2023. Over 2017-2024 the trade grew strongly, by about 49% a year on average. The peak in this period was 2023, at $380.2 million.
Public statistics, latest reported year 2024. Values in US dollars.
Exports of forged and hot-rolled steel bars by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $163.3M | 279.1K t |
| 2023 | $380.2M | 416.3K t |
| 2022 | $217.1M | 288.6K t |
| 2021 | $152.2M | 209.8K t |
| 2020 | $51.4M | 101.6K t |
| 2019 | $110.3M | 198.3K t |
| 2018 | $135.6M | 229.4K t |
| 2017 | $10.0M | 18.0K t |
Where Saudi Arabia exports forged and hot-rolled steel bars to
One buyer market dominates: Iraq accounted for 54% of the value. Among the main buyer markets, Sudan grew fastest (+246% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇮🇶 Iraq | $87.8M | 54% |
| 🇭🇰 Hong Kong | $56.2M | 34% |
| 🇸🇩 Sudan | $16.9M | 10% |
| 🇧🇭 Bahrain | $1.3M | 0.8% |
| 🇲🇾 Malaysia | $1.1M | 0.7% |
| 🇨🇳 China | $70K | 0% |
| 🇯🇴 Jordan | $19K | 0% |
| 🇸🇮 Slovenia | $7K | 0% |
| 🇰🇪 Kenya | $0K | 0% |
| 🇹🇷 Turkey | $0K | 0% |
Types of forged and hot-rolled steel bars under HS 7214
| 7214.10 | Iron or non-alloy steel: bars and rods, forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling | 73% |
| 7214.20 | Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced… | 27% |
| 7214.30 | Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, including those twisted after rolling, of free-cutting steel | 0.2% |
| 7214.99 | Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, n.e.c. in heading no. 7214, other than of rectangular cross-section | 0.1% |
Codes and full descriptions: HS heading 7214.
Average export price of forged and hot-rolled steel bars
The average declared value was about $0.59 per kg, close to the world average of $0.67.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Saudi Arabia also imports forged and hot-rolled steel bars
Saudi Arabia imported $33.7 million of forged and hot-rolled steel bars in 2024 (45.5 thousand tonnes). The largest suppliers were Egypt (44%), Hong Kong (16%), China (13%). Among the main suppliers, Egypt grew fastest (+681% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| 🇪🇬 Egypt | $14.7M | 44% |
| 🇭🇰 Hong Kong | $5.3M | 16% |
| 🇨🇳 China | $4.2M | 13% |
| 🇹🇷 Turkey | $4.0M | 12% |
| 🇪🇸 Spain | $1.4M | 4.2% |
| 🇵🇱 Poland | $1.2M | 3.7% |
| 🇩🇪 Germany | $1.2M | 3.6% |
| 🇬🇧 United Kingdom | $752K | 2.2% |
| 🇦🇪 United Arab Emirates | $233K | 0.7% |
| 🇮🇳 India | $167K | 0.5% |
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 7214: Iron or non-alloy steel; bars and rods, not further worked than forged, hot-rolled, hot drawn or hot-extruded, but including those twisted after rolling.
Forged and hot-rolled steel bars trade in Saudi Arabia: questions
What is the value of forged and hot-rolled steel bars imported by Saudi Arabia?
Saudi Arabia imported forged and hot-rolled steel bars worth $33.7 million in 2024 (45.5 thousand tonnes).
Where does Saudi Arabia import forged and hot-rolled steel bars from?
The main supplier countries in 2024 were Egypt (44%), Hong Kong (16%), China (13%).
What is the average import price of forged and hot-rolled steel bars in Saudi Arabia?
The average declared import value was about $0.74 per kg in 2024, against a world average of $0.67 per kg.
Does Saudi Arabia export forged and hot-rolled steel bars?
Yes. Saudi Arabia exported forged and hot-rolled steel bars worth $163.3 million in 2024, mainly to Iraq, Hong Kong, Sudan.
What is the HS code for forged and hot-rolled steel bars?
Forged and hot-rolled steel bars falls under HS heading 7214 (Iron or non-alloy steel; bars and rods, not further worked than forged, hot-rolled, hot drawn or hot-extruded, but inclu). The six-digit codes under it split the product by type.
How can I find the companies trading forged and hot-rolled steel bars 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.
Forged and hot-rolled steel bars trade in other countries
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