🇸🇦 Saudi Arabia imports of steel articles: 2024 trade data
In 2024, Saudi Arabia imported steel articles worth $696.0 million (358.0 thousand tonnes). Its share of world imports was 1%. That is 16% more than in 2023. Over 2017-2024 the trade grew strongly, by about 16% a year on average.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of steel articles by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $696.0M | 358.0K t |
| 2023 | $599.7M | 203.1K t |
| 2022 | $532.9M | 179.4K t |
| 2021 | $350.1M | 100.2K t |
| 2020 | $337.2M | 73.7K t |
| 2019 | $330.5M | 78.3K t |
| 2018 | $300.4M | 80.2K t |
| 2017 | $250.6M | 68.7K t |
Where Saudi Arabia imports steel articles from
Most of the value came from China (31%), United Arab Emirates (20%), India (7%). Among the main suppliers, Turkey grew fastest (+148% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| 🇨🇳 China | $219.0M | 32% |
| 🇦🇪 United Arab Emirates | $136.5M | 20% |
| 🇮🇳 India | $49.1M | 7.1% |
| 🇴🇲 Oman | $38.6M | 5.6% |
| 🇺🇸 United States | $36.9M | 5.3% |
| 🇩🇪 Germany | $30.7M | 4.4% |
| 🇮🇹 Italy | $22.1M | 3.2% |
| 🇹🇷 Turkey | $19.9M | 2.9% |
| 🇬🇧 United Kingdom | $19.5M | 2.8% |
| 🇸🇬 Singapore | $13.3M | 1.9% |
Types of steel articles under HS 7326
| 7326.90 | Iron or steel: articles n.e.c. in heading 7326 | 81% |
| 7326.20 | Iron or steel: wire articles | 10% |
| 7326.19 | Iron or steel: articles n.e.c. in item no. 7326.11, forged or stamped, but not further worked | 5.7% |
| 7326.11 | Iron or steel: grinding balls and similar articles for mills, forged or stamped, but not further worked | 2.7% |
Codes and full descriptions: HS heading 7326.
Average import price of steel articles
The average declared value was about $1.94 per kg, 56% below the world average of $4.42, 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 steel articles
Exports of steel articles by Saudi Arabia reached $58.3 million in 2024 (23.1 thousand tonnes). Most of it went to United Arab Emirates (48%), Oman (9%), Iraq (8%). Among the main buyer markets, Iraq grew fastest, more than tenfold on the year before.
| Destination | Value | Share |
|---|---|---|
| 🇦🇪 United Arab Emirates | $28.1M | 48% |
| 🇴🇲 Oman | $5.4M | 9.4% |
| 🇮🇶 Iraq | $4.7M | 8% |
| 🇰🇼 Kuwait | $3.8M | 6.5% |
| 🇮🇩 Indonesia | $3.7M | 6.4% |
| 🇧🇭 Bahrain | $2.8M | 4.8% |
| 🇸🇬 Singapore | $2.4M | 4.2% |
| 🇪🇬 Egypt | $1.2M | 2% |
| 🇾🇪 Yemen | $1.0M | 1.7% |
| 🇮🇳 India | $835K | 1.4% |
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 7326: Iron or steel; articles, n.e.c. in chapter 73.
Steel articles trade in Saudi Arabia: questions
What is the value of steel articles imported by Saudi Arabia?
Saudi Arabia imported steel articles worth $696.0 million in 2024 (358.0 thousand tonnes).
Where does Saudi Arabia import steel articles from?
The main supplier countries in 2024 were China (31%), United Arab Emirates (20%), India (7%).
What is the average import price of steel articles in Saudi Arabia?
The average declared import value was about $1.94 per kg in 2024, against a world average of $4.42 per kg.
Does Saudi Arabia export steel articles?
Yes. Saudi Arabia exported steel articles worth $58.3 million in 2024, mainly to United Arab Emirates, Oman, Iraq.
What is the HS code for steel articles?
Steel articles falls under HS heading 7326 (Iron or steel; articles, n.e.c. in chapter 73). The six-digit codes under it split the product by type.
How can I find the companies trading steel 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.
Steel articles trade in other countries
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