Oil transformers large imports in Saudi Arabia: data, top suppliers and prices
Saudi Arabia imported $703.8 million of oil transformers large in 2024 (51.9 thousand tonnes). That makes it the 2nd largest importer of this product worldwide, out of 167 countries. Value rose 163% on 2023. Over 2017-2024 the trade grew strongly, by about 17% 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 | $703.8M | 51.9K t |
| 2023 | $267.8M | 22.7K t |
| 2022 | $161.8M | 16.3K t |
| 2021 | $102.5M | 12.5K t |
| 2020 | $93.4M | 13.7K t |
| 2019 | $97.7M | 13.3K t |
| 2018 | $94.2M | 10.7K t |
| 2017 | $232.4M | 29.6K t |
Where Saudi Arabia imports oil transformers large from
The largest suppliers were China (37%), South Korea (32%), Turkey (13%). Among the main suppliers, China grew fastest (+914% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| China | $261.8M | 37% |
| South Korea | $226.0M | 32% |
| Turkey | $88.1M | 13% |
| Sweden | $56.1M | 8% |
| Japan | $17.7M | 2.5% |
| Egypt | $16.9M | 2.4% |
| Vietnam | $8.4M | 1.2% |
| Oman | $8.1M | 1.2% |
| United Arab Emirates | $7.0M | 1% |
| Brazil | $3.4M | 0.5% |
Average import price per kg
The average declared value was about $13.56 per kg, close to the world average of $12.17.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Oil transformers large exports from Saudi Arabia
In 2024, Saudi Arabia exported oil transformers large worth $43.7 million (3.7 thousand tonnes). One buyer market dominates: United Arab Emirates accounted for 84% of the value. Among the main buyer markets, Oman grew fastest, more than tenfold on the year before.
| Destination | Value | Share |
|---|---|---|
| United Arab Emirates | $36.7M | 84% |
| Oman | $5.1M | 12% |
| Kuwait | $924K | 2.1% |
| Italy | $486K | 1.1% |
| South Korea | $463K | 1.1% |
| Singapore | $7K | 0% |
| Iraq | $0K | 0% |
Who is behind these numbers in Saudi Arabia?
The shipment records behind Saudi Arabia oil transformers large imports (HS 8504.23): 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 8504.23: Electrical transformers: liquid dielectric, having a power handling capacity exceeding 10,000kVA.
Common questions
What is the value of oil transformers large imported by Saudi Arabia?
Saudi Arabia imported oil transformers large worth $703.8 million in 2024, the latest year with complete public data, about 51.9 thousand tonnes. That ranks it 2nd of 167 countries worldwide, with 8% of world imports. The value was up 163% on 2023.
Which countries supply oil transformers large to Saudi Arabia?
China was the largest supplier with 37% of the value ($261.8 million), followed by South Korea (32%) and Turkey (13%). The top three together account for 82%, out of 20 supplier countries in total. China grew fastest among the top ten, up 914% on the year.
What is the average import price of oil transformers large per kg?
The average declared import value was about $13.56 per kg in 2024, 11% above the world average of $12.17 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have imports of oil transformers large to Saudi Arabia changed since 2017?
Imports went from $232.4 million in 2017 to $703.8 million in 2024, an increase of 203%. 2024 was the highest year in the period. Over 8 years the average was $219.2 million a year.
Does Saudi Arabia also export oil transformers large?
Yes. Saudi Arabia exported $43.7 million worth of this product in 2024, mainly to the United Arab Emirates, Oman and Kuwait. On balance Saudi Arabia is a net importer of this product, by about $660.1 million a year.
What is the HS code for oil transformers large?
The HS code for oil transformers large is subheading 8504.23. It sits in HS chapter 85 (electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles). The full list of codes and descriptions is on the HS 8504 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 oil transformers large trade: top importers and exporters
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