Stainless steel scrap exports from Saudi Arabia: data, top buyers and prices
In 2024, Saudi Arabia exported stainless steel scrap worth $64.6 million (35.6 thousand tonnes). Its share of world exports was 1%. That is 6% less than in 2023. Across 2017-2024 the long-run trend was broadly stable.
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 | $64.6M | 35.6K t |
| 2023 | $68.6M | 37.2K t |
| 2022 | $71.7M | 32.5K t |
| 2021 | $53.4M | 28.0K t |
| 2020 | $33.6M | 23.8K t |
| 2019 | $40.0M | 27.6K t |
| 2018 | $38.8M | 28.1K t |
| 2017 | $43.4M | 30.9K t |
Where Saudi Arabia exports stainless steel scrap to
India alone took 97% of it.
| Destination | Value | Share |
|---|---|---|
| India | $62.4M | 97% |
| United Arab Emirates | $806K | 1.3% |
| Netherlands | $792K | 1.2% |
| Spain | $259K | 0.4% |
| Australia | $208K | 0.3% |
| South Korea | $54K | 0.1% |
| Malaysia | $53K | 0.1% |
| Curaçao | $37K | 0.1% |
| Japan | $25K | 0% |
| Thailand | $10K | 0% |
Average export price per kg
The average declared value was about $1.82 per kg, 29% above the world average of $1.41. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Stainless steel scrap imports to Saudi Arabia
Imports of stainless steel scrap by Saudi Arabia reached $1.6 million in 2024 (2.1 thousand tonnes). China alone supplied 79% of it.
| Supplier country | Value | Share |
|---|---|---|
| China | $1.3M | 79% |
| South Korea | $97K | 5.9% |
| Brazil | $88K | 5.4% |
| Switzerland | $62K | 3.8% |
| United States | $46K | 2.8% |
| United Arab Emirates | $41K | 2.5% |
| India | $13K | 0.8% |
| United Kingdom | $2K | 0.1% |
Who is behind these numbers in Saudi Arabia?
The shipment records behind Saudi Arabia stainless steel scrap exports (HS 7204.21): 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 7204.21: Ferrous waste and scrap: of stainless steel.
Common questions
What is the value of stainless steel scrap exported by Saudi Arabia?
Saudi Arabia exported stainless steel scrap worth $64.6 million in 2024, the latest year with complete public data, about 35.6 thousand tonnes. That ranks it 27th of 177 countries worldwide, with 1% of world exports. The value was down 6% on 2023.
Which countries buy stainless steel scrap from Saudi Arabia?
India was the largest buyer with 97% of the value ($62.4 million), followed by the United Arab Emirates (1%) and the Netherlands (1%). The top three together account for 99%, out of 11 buyer countries in total.
What is the average export price of stainless steel scrap per kg?
The average declared export value was about $1.82 per kg in 2024, 29% above the world average of $1.41 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have exports of stainless steel scrap from Saudi Arabia changed since 2017?
Exports went from $43.4 million in 2017 to $64.6 million in 2024, an increase of 49%. The peak was 2022 at $71.7 million. Over 8 years the average was $51.8 million a year.
Does Saudi Arabia also import stainless steel scrap?
Yes. Saudi Arabia imported $1.6 million worth of this product in 2024, mainly from China, South Korea and Brazil. On balance Saudi Arabia is a net exporter of this product, by about $63.0 million a year.
What is the HS code for stainless steel scrap?
The HS code for stainless steel scrap is subheading 7204.21. It sits in HS chapter 72 (iron and steel). The full list of codes and descriptions is on the HS 7204 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 scrap trade: top importers and exporters
More trade data for Saudi Arabia
See what your buyers are buying.Then decide.
Everything we show you comes from official customs filings — records, not claims. 30 minutes. Your shipment. Your HS code. Real platform. If you don’t see something new about your market by the end of the call, we walk away. No follow-ups.