Low carbon rectangular steel bloom exports from Saudi Arabia: data, top buyers and prices
Saudi Arabia exported $161.4 million of low carbon rectangular steel bloom in 2024 (280.7 thousand tonnes). Its share of world exports was 1%. Value rose 12% on 2023. Over 2017-2024 the trade grew strongly, by about 86% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $161.4M | 280.7K t |
| 2023 | $144.1M | 262.7K t |
| 2022 | $196.0M | 276.1K t |
| 2021 | $86.5M | 126.3K t |
| 2020 | $29.9M | 83.6K t |
| 2017 | $2.1M | 5.7K t |
Where Saudi Arabia exports low carbon rectangular steel bloom to
Turkey alone took 53% of it. Among the main buyer markets, Turkey grew fastest (+53% on the year before).
| Destination | Value | Share |
|---|---|---|
| Turkey | $85.4M | 53% |
| Taiwan | $67.8M | 42% |
| Italy | $8.2M | 5.1% |
Average export price per kg
The average declared value was about $0.57 per kg, close to the world average of $0.57.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Low carbon rectangular steel bloom imports to Saudi Arabia
Saudi Arabia imported $781 thousand of low carbon rectangular steel bloom in 2024 (543 tonnes). Most of the value came from Czech Republic (35%), China (33%), South Korea (24%). Among the main suppliers, Czech Republic grew fastest (+197% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Czech Republic | $275K | 35% |
| China | $254K | 33% |
| South Korea | $190K | 24% |
| United Arab Emirates | $45K | 5.8% |
| Italy | $7K | 0.9% |
| Germany | $6K | 0.8% |
| Kuwait | $2K | 0.2% |
| Qatar | $1K | 0.2% |
| United States | $1K | 0.1% |
| India | $0K | 0% |
Who is behind these numbers in Saudi Arabia?
The shipment records behind Saudi Arabia low carbon rectangular steel bloom exports (HS 7207.12): 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 7207.12: Iron or non-alloy steel: semi-finished products of iron or non-alloy steel: containing by weight less than 0.25% of carbon, of rectangular (other than square) cross-section.
Common questions
What is the value of low carbon rectangular steel bloom exported by Saudi Arabia?
Saudi Arabia exported low carbon rectangular steel bloom worth $161.4 million in 2024, the latest year with complete public data, about 280.7 thousand tonnes. That ranks it 16th of 69 countries worldwide, with 1% of world exports. The value was up 12% on 2023.
Which countries buy low carbon rectangular steel bloom from Saudi Arabia?
Turkey was the largest buyer with 53% of the value ($85.4 million), followed by Taiwan (42%) and Italy (5%). The top three together account for 100%, out of 3 buyer countries in total. Turkey grew fastest among the top ten, up 53% on the year.
What is the average export price of low carbon rectangular steel bloom per kg?
The average declared export value was about $0.57 per kg in 2024, close to the world average of $0.57 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have exports of low carbon rectangular steel bloom from Saudi Arabia changed since 2017?
Exports went from $2.1 million in 2017 to $161.4 million in 2024. The peak was 2022 at $196.0 million. Over 6 years the average was $103.3 million a year.
Does Saudi Arabia also import low carbon rectangular steel bloom?
Yes. Saudi Arabia imported $781 thousand worth of this product in 2024, mainly from the Czech Republic, China and South Korea. On balance Saudi Arabia is a net exporter of this product, by about $160.6 million a year.
What is the HS code for low carbon rectangular steel bloom?
The HS code for low carbon rectangular steel bloom is subheading 7207.12. It sits in HS chapter 72 (iron and steel). The full list of codes and descriptions is on the HS 7207 page.
How can I find the companies behind this trade?
EximDataX rebuilds Saudi Arabia trade from the customs records of its trading partners, so the companies shipping to and from it are visible. Ask for a live look at your product.
Same product, other countries
World low carbon rectangular steel bloom trade: top importers and exporters
More trade data for Saudi Arabia
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