Medium hot-rolled steel coil exports from Saudi Arabia: data, top buyers and prices
Saudi Arabia exported $59.2 million of medium hot-rolled steel coil in 2024 (82.3 thousand tonnes). Its share of world exports was 1%. That is 41% less than in 2023. Over 2017-2024 the trade grew strongly, by about 76% a year on average. The peak in this period was 2021, at $301.2 million.
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 | $59.2M | 82.3K t |
| 2023 | $100.9M | 148.9K t |
| 2022 | $165.3M | 201.0K t |
| 2021 | $301.2M | 355.7K t |
| 2020 | $45.7M | 87.3K t |
| 2019 | $2.3M | 4.0K t |
| 2018 | $15.2M | 22.5K t |
| 2017 | $1.1M | 2.1K t |
Where Saudi Arabia exports medium hot-rolled steel coil to
The largest buyer markets were Portugal (29%), Poland (27%), Spain (14%). Among the main buyer markets, Portugal grew fastest (+663% on the year before).
| Destination | Value | Share |
|---|---|---|
| Portugal | $17.2M | 29% |
| Poland | $16.0M | 27% |
| Spain | $8.0M | 14% |
| United Arab Emirates | $7.1M | 12% |
| Oman | $5.9M | 10% |
| Italy | $4.3M | 7.3% |
| Latvia | $625K | 1.1% |
| Belgium | $18K | 0% |
Average export price per kg
The average declared value was about $0.72 per kg, close to the world average of $0.60.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Medium hot-rolled steel coil imports to Saudi Arabia
Imports of medium hot-rolled steel coil by Saudi Arabia reached $48.0 million in 2024 (77.4 thousand tonnes). Its share of world imports was 0%. One supplier dominates: China accounted for 78% of the value. Among the main suppliers, China grew fastest (+54% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| China | $37.3M | 78% |
| Egypt | $5.6M | 12% |
| India | $3.3M | 6.8% |
| Japan | $1.4M | 2.9% |
| Taiwan | $276K | 0.6% |
| Germany | $52K | 0.1% |
| Spain | $31K | 0.1% |
| Finland | $21K | 0% |
| Australia | $14K | 0% |
| Belgium | $9K | 0% |
Who is behind these numbers in Saudi Arabia?
The shipment records behind Saudi Arabia medium hot-rolled steel coil exports (HS 7208.38): 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 7208.38: 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 less than 4.75mm.
Common questions
What is the value of medium hot-rolled steel coil exported by Saudi Arabia?
Saudi Arabia exported medium hot-rolled steel coil worth $59.2 million in 2024, the latest year with complete public data, about 82.3 thousand tonnes. That ranks it 23rd of 67 countries worldwide, with 1% of world exports. The value was down 41% on 2023.
Which countries buy medium hot-rolled steel coil from Saudi Arabia?
Portugal was the largest buyer with 29% of the value ($17.2 million), followed by Poland (27%) and Spain (14%). The top three together account for 70%, out of 8 buyer countries in total. Portugal grew fastest among the top ten, up 663% on the year.
What is the average export price of medium hot-rolled steel coil per kg?
The average declared export value was about $0.72 per kg in 2024, 20% above the world average of $0.60 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have exports of medium hot-rolled steel coil from Saudi Arabia changed since 2017?
Exports went from $1.1 million in 2017 to $59.2 million in 2024. The peak was 2021 at $301.2 million. Over 8 years the average was $86.4 million a year.
Does Saudi Arabia also import medium hot-rolled steel coil?
Yes. Saudi Arabia imported $48.0 million worth of this product in 2024, mainly from China, Egypt and India. On balance Saudi Arabia is a net exporter of this product, by about $11.2 million a year.
What is the HS code for medium hot-rolled steel coil?
The HS code for medium hot-rolled steel coil is subheading 7208.38. 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?
The totals here are public statistics; EximDataX adds the company names by reading partner countries' customs records for Saudi Arabia. Tell us your product to see it live.
Same product, other countries
World medium hot-rolled steel coil trade: top importers and exporters
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