Hot-rolled steel coil thick imports in Saudi Arabia: data, top suppliers and prices
Saudi Arabia imported $396.6 million of hot-rolled steel coil thick in 2024 (641.8 thousand tonnes). It ranks 1st of 157 countries for imports of this product. That is 600% more than in 2023. Over 2017-2024 the trade grew strongly, by about 64% a year on average.
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 | $396.6M | 641.8K t |
| 2023 | $56.7M | 236.5K t |
| 2022 | $234.5M | 305.1K t |
| 2021 | $161.9M | 214.7K t |
| 2020 | $98.4M | 191.3K t |
| 2019 | $40.5M | 68.5K t |
| 2018 | $21.5M | 32.3K t |
| 2017 | $12.4M | 25.9K t |
Where Saudi Arabia imports hot-rolled steel coil thick from
One supplier dominates: China accounted for 100% of the value. Among the main suppliers, China grew fastest (+621% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| China | $395.0M | 100% |
| South Korea | $718K | 0.2% |
| Japan | $306K | 0.1% |
| Netherlands | $264K | 0.1% |
| Belgium | $108K | 0% |
| India | $75K | 0% |
| United States | $49K | 0% |
| Turkey | $49K | 0% |
| France | $25K | 0% |
| Norway | $22K | 0% |
Average import price per kg
The average declared value was about $0.62 per kg, close to the world average of $0.64.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Hot-rolled steel coil thick exports from Saudi Arabia
Exports of hot-rolled steel coil thick by Saudi Arabia reached $3.8 million in 2024 (4.7 thousand tonnes). The largest buyer markets were Poland (30%), Italy (24%), United Arab Emirates (22%). Among the main buyer markets, United Arab Emirates grew fastest (+114% on the year before).
| Destination | Value | Share |
|---|---|---|
| Poland | $1.2M | 30% |
| Italy | $900K | 24% |
| United Arab Emirates | $833K | 22% |
| Spain | $531K | 14% |
| Latvia | $239K | 6.3% |
| Portugal | $97K | 2.5% |
| Belgium | $54K | 1.4% |
| Bahrain | $9K | 0.2% |
Who is behind these numbers in Saudi Arabia?
The shipment records behind Saudi Arabia hot-rolled steel coil thick imports (HS 7208.36): companies, dates, quantities and declared values.
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.
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 7208.36: Iron or non-alloy steel: in coils, without patterns in relief, flat-rolled, of a width 600mm or more, hot-rolled, of a thickness exceeding 10mm.
Common questions
What is the value of hot-rolled steel coil thick imported by Saudi Arabia?
Saudi Arabia imported hot-rolled steel coil thick worth $396.6 million in 2024, the latest year with complete public data, about 641.8 thousand tonnes. That ranks it 1st of 157 countries worldwide, with 13% of world imports. The value was up 600% on 2023.
Which countries supply hot-rolled steel coil thick to Saudi Arabia?
China was the largest supplier with 100% of the value ($395.0 million), followed by South Korea (0%) and Japan (0%). The top three together account for 100%, out of 11 supplier countries in total. China grew fastest among the top ten, up 621% on the year.
What is the average import price of hot-rolled steel coil thick per kg?
The average declared import value was about $0.62 per kg in 2024, close to the world average of $0.64 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have imports of hot-rolled steel coil thick to Saudi Arabia changed since 2017?
Imports went from $12.4 million in 2017 to $396.6 million in 2024. 2024 was the highest year in the period. Over 8 years the average was $127.8 million a year.
Does Saudi Arabia also export hot-rolled steel coil thick?
Yes. Saudi Arabia exported $3.8 million worth of this product in 2024, mainly to Poland, Italy and the United Arab Emirates. On balance Saudi Arabia is a net importer of this product, by about $392.8 million a year.
What is the HS code for hot-rolled steel coil thick?
The HS code for hot-rolled steel coil thick is subheading 7208.36. It sits in HS chapter 72 (iron and steel). The full list of codes and descriptions is on the HS 7208 page.
How can I find the companies behind this trade?
For Saudi Arabia, EximDataX reads the shipment records of the countries that trade with it and shows the companies on both sides. We can walk you through your product on a short call.
Same product, other countries
World hot-rolled steel coil thick trade: top importers and exporters
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