🇸🇦 Saudi Arabia imports of hot-rolled steel coils: 2024 trade data
In 2024, Saudi Arabia imported hot-rolled steel coils worth $1.91 billion (2.84 million tonnes). Its share of world imports was 3%. That is 24% more than in 2023. Over 2017-2024 the trade grew strongly, by about 26% a year on average.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of hot-rolled steel coils by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $1.91B | 2.84M t |
| 2023 | $1.54B | 2.00M t |
| 2022 | $1.38B | 1.59M t |
| 2021 | $892.0M | 1.09M t |
| 2020 | $497.0M | 974.9K t |
| 2019 | $377.8M | 647.7K t |
| 2018 | $407.5M | 593.1K t |
| 2017 | $375.1M | 692.2K t |
Where Saudi Arabia imports hot-rolled steel coils from
One supplier dominates: China accounted for 88% of the value. Among the main suppliers, China grew fastest (+37% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| 🇨🇳 China | $1.68B | 88% |
| 🇯🇵 Japan | $95.2M | 5% |
| 🇰🇷 South Korea | $40.1M | 2.1% |
| 🇪🇬 Egypt | $27.4M | 1.4% |
| 🇦🇹 Austria | $26.0M | 1.4% |
| 🇮🇳 India | $18.9M | 1% |
| Taiwan | $5.9M | 0.3% |
| 🇧🇪 Belgium | $4.3M | 0.2% |
| 🇫🇷 France | $2.9M | 0.2% |
| 🇩🇪 Germany | $2.2M | 0.1% |
Types of hot-rolled steel coils under HS 7208
| 7208.51 | Iron or non-alloy steel: (not in coils), flat-rolled, of a width 600mm or more, hot-rolled, without patterns in relief, of a thickness exceeding 10mm | 31% |
| 7208.39 | Iron or non-alloy steel: in coils, without patterns in relief, flat-rolled, of a width 600mm or more, hot-rolled, of a thickness of less than 3mm | 28% |
| 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 | 21% |
| 7208.52 | Iron or non-alloy steel: (not in coils), flat-rolled, of a width 600mm or more, hot-rolled, without patterns in relief, of a thickness of 4.75mm or… | 4.5% |
| 7208.27 | Iron or non-alloy steel: in coils, without patterns in relief, flat-rolled, of a width 600mm or more, hot-rolled, pickled, of a thickness of less… | 3.2% |
| 7208.37 | Iron or non-alloy steel: in coils, without patterns in relief, flat-rolled, of a width 600mm or more, hot-rolled, of a thickness of 4.75mm or more… | 3% |
| 7208.38 | Iron or non-alloy steel: in coils, without patterns in relief, flat-rolled, of a width 600mm or more, hot-rolled, of a thickness of 3mm or more but… | 2.5% |
| 7208.90 | Iron or non-alloy steel: flat-rolled, hot-rolled, of a width 600mm or more, n.e.c. in heading no. 7208 | 2.4% |
Codes and full descriptions: HS heading 7208.
Average import price of hot-rolled steel coils
The average declared value was about $0.67 per kg, close to the world average of $0.69.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Saudi Arabia also exports hot-rolled steel coils
Saudi Arabia exported $230.6 million of hot-rolled steel coils in 2024 (316.1 thousand tonnes). Most of it went to Portugal (29%), Jordan (16%), Poland (16%). Among the main buyer markets, Portugal grew fastest (+483% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇵🇹 Portugal | $67.0M | 29% |
| 🇯🇴 Jordan | $36.5M | 16% |
| 🇵🇱 Poland | $36.1M | 16% |
| 🇪🇸 Spain | $30.1M | 13% |
| 🇮🇹 Italy | $19.9M | 8.6% |
| 🇰🇼 Kuwait | $11.7M | 5.1% |
| 🇦🇪 United Arab Emirates | $11.2M | 4.9% |
| 🇴🇲 Oman | $7.3M | 3.2% |
| 🇱🇻 Latvia | $2.9M | 1.3% |
| 🇧🇭 Bahrain | $2.9M | 1.2% |
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 7208: Iron or non-alloy steel; flat-rolled products of a width of 600mm or more, hot-rolled, not clad, plated or coated.
Hot-rolled steel coils trade in Saudi Arabia: questions
What is the value of hot-rolled steel coils imported by Saudi Arabia?
Saudi Arabia imported hot-rolled steel coils worth $1.91 billion in 2024 (2.84 million tonnes).
Where does Saudi Arabia import hot-rolled steel coils from?
The main supplier countries in 2024 were China (88%), Japan (5%), South Korea (2%).
What is the average import price of hot-rolled steel coils in Saudi Arabia?
The average declared import value was about $0.67 per kg in 2024, against a world average of $0.69 per kg.
Does Saudi Arabia export hot-rolled steel coils?
Yes. Saudi Arabia exported hot-rolled steel coils worth $230.6 million in 2024, mainly to Portugal, Jordan, Poland.
What is the HS code for hot-rolled steel coils?
Hot-rolled steel coils falls under HS heading 7208 (Iron or non-alloy steel; flat-rolled products of a width of 600mm or more, hot-rolled, not clad, plated or coated). The six-digit codes under it split the product by type.
How can I find the companies trading hot-rolled steel coils 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.
Hot-rolled steel coils trade in other countries
See what your buyers are buying.Then decide.
Everything we show you comes from official customs filings — records, not claims. 30 minutes. Your shipment. Your HS code. Real platform. If you don’t see something new about your market by the end of the call, we walk away. No follow-ups.