🇸🇦 Saudi Arabia imports of magnesium products: 2024 trade data
Saudi Arabia imported $41.5 million of magnesium products in 2024 (14.0 thousand tonnes). Its share of world imports was 2%. Value rose 53% on 2023. Over 2017-2024 the trade grew strongly, by about 49% a year on average.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of magnesium products by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $41.5M | 14.0K t |
| 2023 | $27.2M | 4.9K t |
| 2022 | $41.5M | 5.5K t |
| 2021 | $37.0M | 8.9K t |
| 2020 | $14.0M | 5.9K t |
| 2019 | $12.9M | 5.6K t |
| 2018 | $15.3M | 6.6K t |
| 2017 | $2.5M | 986 t |
Where Saudi Arabia imports magnesium products from
China alone supplied 60% of it. Among the main suppliers, Turkey grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| 🇨🇳 China | $25.1M | 60% |
| 🇹🇷 Turkey | $4.9M | 12% |
| 🇹🇭 Thailand | $1.5M | 3.7% |
| 🇮🇹 Italy | $1.2M | 3% |
| 🇰🇷 South Korea | $1.2M | 2.9% |
| 🇪🇸 Spain | $1.1M | 2.8% |
| 🇷🇴 Romania | $1.1M | 2.6% |
| 🇸🇪 Sweden | $992K | 2.4% |
| 🇦🇪 United Arab Emirates | $928K | 2.2% |
| 🇮🇳 India | $617K | 1.5% |
Types of magnesium products under HS 8104
| 8104.90 | Magnesium: articles n.e.c. in heading no. 8104 | 53% |
| 8104.11 | Magnesium: unwrought, containing at least 99.8% by weight of magnesium | 43% |
| 8104.30 | Magnesium: raspings, turnings and granules, graded according to size, powders | 3.7% |
| 8104.19 | Magnesium: unwrought, containing less than 99.8% by weight of magnesium | 0.2% |
| 8104.20 | Magnesium: waste and scrap | 0% |
Codes and full descriptions: HS heading 8104.
Average import price of magnesium products
The average declared value was about $2.96 per kg, close to the world average of $3.22.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Saudi Arabia also exports magnesium products
Exports of magnesium products by Saudi Arabia reached $422 thousand in 2024 (136 tonnes). The largest buyer markets were United States (42%), Yemen (31%), Belgium (16%). Among the main buyer markets, Yemen grew fastest (+492% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇺🇸 United States | $176K | 42% |
| 🇾🇪 Yemen | $132K | 31% |
| 🇧🇪 Belgium | $70K | 17% |
| 🇧🇭 Bahrain | $17K | 4.1% |
| 🇮🇶 Iraq | $17K | 4% |
| 🇸🇩 Sudan | $6K | 1.3% |
| 🇦🇪 United Arab Emirates | $3K | 0.7% |
| 🇩🇪 Germany | $2K | 0.5% |
| 🇶🇦 Qatar | $1K | 0.1% |
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 8104: Magnesium; articles thereof, including waste and scrap.
Magnesium products trade in Saudi Arabia: questions
What is the value of magnesium products imported by Saudi Arabia?
Saudi Arabia imported magnesium products worth $41.5 million in 2024 (14.0 thousand tonnes).
Where does Saudi Arabia import magnesium products from?
The main supplier countries in 2024 were China (60%), Turkey (12%), Thailand (4%).
What is the average import price of magnesium products in Saudi Arabia?
The average declared import value was about $2.96 per kg in 2024, against a world average of $3.22 per kg.
Does Saudi Arabia export magnesium products?
Yes. Saudi Arabia exported magnesium products worth $422 thousand in 2024, mainly to United States, Yemen, Belgium.
What is the HS code for magnesium products?
Magnesium products falls under HS heading 8104 (Magnesium; articles thereof, including waste and scrap). The six-digit codes under it split the product by type.
How can I find the companies trading magnesium products 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.
Magnesium products trade in other countries
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