Stainless steel rod imports in Saudi Arabia: data, top suppliers and prices
Saudi Arabia imported $6.7 million of stainless steel rod in 2024 (2.7 thousand tonnes). Its share of world imports was 1%. That is 49% more than in 2023. Over 2017-2024 the trade grew strongly, by about 42% a year on average. The peak in this period was 2022, at $8.4 million.
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 | $6.7M | 2.7K t |
| 2023 | $4.5M | 1.3K t |
| 2022 | $8.4M | 2.7K t |
| 2021 | $2.7M | 1.7K t |
| 2020 | $1.7M | 733 t |
| 2019 | $1.5M | 344 t |
| 2018 | $1.4M | 239 t |
| 2017 | $561K | 202 t |
Where Saudi Arabia imports stainless steel rod from
Most of the value came from South Korea (49%), India (14%), China (11%). Among the main suppliers, United Kingdom grew fastest (+160% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| South Korea | $3.3M | 49% |
| India | $943K | 14% |
| China | $723K | 11% |
| Turkey | $615K | 9.2% |
| Spain | $429K | 6.4% |
| United States | $282K | 4.2% |
| United Kingdom | $188K | 2.8% |
| Italy | $83K | 1.3% |
| Sweden | $46K | 0.7% |
| Japan | $24K | 0.4% |
Average import price per kg
The average declared value was about $2.51 per kg, 46% below the world average of $4.62, 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.
Who is behind these numbers in Saudi Arabia?
The shipment records behind Saudi Arabia stainless steel rod imports (HS 7222.11): 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 7222.11: Steel, stainless: bars and rods, hot-rolled, hot-drawn or extruded, of circular cross-section.
Common questions
What is the value of stainless steel rod imported by Saudi Arabia?
Saudi Arabia imported stainless steel rod worth $6.7 million in 2024, the latest year with complete public data, about 2.7 thousand tonnes. That ranks it 34th of 177 countries worldwide, with 1% of world imports. The value was up 49% on 2023.
Which countries supply stainless steel rod to Saudi Arabia?
South Korea was the largest supplier with 49% of the value ($3.3 million), followed by India (14%) and China (11%). The top three together account for 74%, out of 25 supplier countries in total. The United Kingdom grew fastest among the top ten, up 160% on the year.
What is the average import price of stainless steel rod per kg?
The average declared import value was about $2.51 per kg in 2024, 46% below the world average of $4.62 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have imports of stainless steel rod to Saudi Arabia changed since 2017?
Imports went from $561 thousand in 2017 to $6.7 million in 2024. The peak was 2022 at $8.4 million. Over 8 years the average was $3.4 million a year.
What is the HS code for stainless steel rod?
The HS code for stainless steel rod is subheading 7222.11. It sits in HS chapter 72 (iron and steel). The full list of codes and descriptions is on the HS 7222 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 stainless steel rod trade: top importers and exporters
More trade data for Saudi Arabia
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