🇸🇦 Saudi Arabia imports of precious metal articles: 2024 trade data
Saudi Arabia imported $11.8 million of precious metal articles in 2024 (37 tonnes). Value rose 14% on 2023. Across 2017-2024 the long-run trend was broadly stable.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of precious metal articles by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $11.8M | 37 t |
| 2023 | $10.3M | 29 t |
| 2022 | $12.7M | 28 t |
| 2021 | $12.0M | 9 t |
| 2020 | $1.8M | 4 t |
| 2019 | $8.4M | 7 t |
| 2018 | $6.6M | 9 t |
| 2017 | $8.2M | 8 t |
Where Saudi Arabia imports precious metal articles from
One supplier dominates: Germany accounted for 65% of the value. Among the main suppliers, Norway grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| 🇩🇪 Germany | $7.6M | 65% |
| 🇬🇧 United Kingdom | $2.6M | 23% |
| 🇳🇴 Norway | $569K | 4.8% |
| 🇨🇳 China | $554K | 4.7% |
| 🇦🇺 Australia | $110K | 0.9% |
| 🇳🇱 Netherlands | $81K | 0.7% |
| 🇺🇸 United States | $32K | 0.3% |
| 🇮🇹 Italy | $32K | 0.3% |
| 🇹🇭 Thailand | $28K | 0.2% |
| 🇨🇭 Switzerland | $28K | 0.2% |
Types of precious metal articles under HS 7115
| 7115.90 | Metal: precious or metal clad with precious metal, other than that of item no. 7115.10 | 78% |
| 7115.10 | Metal: catalysts in the form of wire cloth or grill, of platinum | 22% |
Codes and full descriptions: HS heading 7115.
Average import price of precious metal articles
The average declared value was about $316.55 per kg, 85% below the world average of $2,146.67, which often means bulk or lower-grade product.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Saudi Arabia also exports precious metal articles
In 2024, Saudi Arabia exported precious metal articles worth $10.3 million (10 tonnes). One buyer market dominates: Germany accounted for 66% of the value. Among the main buyer markets, Germany grew fastest (+84% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇩🇪 Germany | $6.8M | 66% |
| 🇬🇧 United Kingdom | $3.3M | 32% |
| 🇨🇳 China | $110K | 1.1% |
| 🇭🇰 Hong Kong | $64K | 0.6% |
| 🇨🇦 Canada | $52K | 0.5% |
| 🇮🇹 Italy | $2K | 0% |
| 🇹🇷 Turkey | $1K | 0% |
| 🇮🇩 Indonesia | $0K | 0% |
| 🇫🇷 France | $0K | 0% |
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 7115: Articles of precious metal or of metal clad with precious metal.
Precious metal articles trade in Saudi Arabia: questions
What is the value of precious metal articles imported by Saudi Arabia?
Saudi Arabia imported precious metal articles worth $11.8 million in 2024 (37 tonnes).
Where does Saudi Arabia import precious metal articles from?
The main supplier countries in 2024 were Germany (65%), United Kingdom (22%), Norway (5%).
What is the average import price of precious metal articles in Saudi Arabia?
The average declared import value was about $316.55 per kg in 2024, against a world average of $2,146.67 per kg.
Does Saudi Arabia export precious metal articles?
Yes. Saudi Arabia exported precious metal articles worth $10.3 million in 2024, mainly to Germany, United Kingdom, China.
What is the HS code for precious metal articles?
Precious metal articles falls under HS heading 7115 (Articles of precious metal or of metal clad with precious metal). The six-digit codes under it split the product by type.
How can I find the companies trading precious metal articles 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.
Precious metal articles trade in other countries
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