🇸🇦 Saudi Arabia imports of steel fasteners: 2024 trade data
Imports of steel fasteners by Saudi Arabia reached $556.3 million in 2024 (205.6 thousand tonnes). Its share of world imports was 1%. That is 13% more than in 2023. Over 2017-2024 the trade grew strongly, by about 17% a year on average.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of steel fasteners by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $556.3M | 205.6K t |
| 2023 | $490.2M | 104.1K t |
| 2022 | $448.6M | 126.3K t |
| 2021 | $290.9M | 90.0K t |
| 2020 | $302.4M | 89.1K t |
| 2019 | $241.8M | 76.7K t |
| 2018 | $242.8M | 82.2K t |
| 2017 | $183.0M | 70.6K t |
Where Saudi Arabia imports steel fasteners from
The largest suppliers were China (42%), United Kingdom (8%), India (8%). Among the main suppliers, United Kingdom grew fastest (+118% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| 🇨🇳 China | $234.5M | 42% |
| 🇬🇧 United Kingdom | $46.9M | 8.4% |
| 🇮🇳 India | $45.5M | 8.2% |
| 🇦🇪 United Arab Emirates | $41.1M | 7.4% |
| 🇺🇸 United States | $35.3M | 6.3% |
| Taiwan | $31.5M | 5.7% |
| 🇯🇵 Japan | $23.2M | 4.2% |
| 🇩🇪 Germany | $19.2M | 3.5% |
| 🇸🇬 Singapore | $11.1M | 2% |
| 🇨🇭 Switzerland | $8.2M | 1.5% |
Types of steel fasteners under HS 7318
| 7318.15 | Iron or steel: threaded screws and bolts n.e.c. in item no. 7318.1, whether or not with their nuts or washers | 48% |
| 7318.19 | Iron or steel: threaded screws, bolts and nuts n.e.c. in item no. 7318.1 | 11% |
| 7318.16 | Iron or steel: threaded nuts | 8.6% |
| 7318.22 | Iron or steel: non-threaded washers, excluding spring and lock | 8.6% |
| 7318.29 | Iron or steel: non-threaded articles, n.e.c. in item no. 7318.2 | 7.5% |
| 7318.14 | Iron or steel: threaded self-tapping screws | 6.4% |
| 7318.24 | Iron or steel: non-threaded cotters and cotter-pins | 3.1% |
| 7318.23 | Iron or steel: non-threaded rivets | 2.6% |
Codes and full descriptions: HS heading 7318.
Average import price of steel fasteners
The average declared value was about $2.71 per kg, 37% below the world average of $4.28, 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 fasteners
Saudi Arabia exported $15.1 million of steel fasteners in 2024 (3.5 thousand tonnes). The largest buyer markets were Oman (38%), United Arab Emirates (31%), United States (8%). Among the main buyer markets, Oman grew fastest, more than tenfold on the year before.
| Destination | Value | Share |
|---|---|---|
| 🇴🇲 Oman | $5.8M | 38% |
| 🇦🇪 United Arab Emirates | $4.7M | 31% |
| 🇺🇸 United States | $1.1M | 7.6% |
| 🇮🇳 India | $466K | 3.1% |
| 🇸🇬 Singapore | $428K | 2.8% |
| 🇮🇩 Indonesia | $295K | 2% |
| 🇶🇦 Qatar | $281K | 1.9% |
| 🇧🇭 Bahrain | $259K | 1.7% |
| 🇲🇾 Malaysia | $240K | 1.6% |
| 🇨🇳 China | $239K | 1.6% |
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 7318: Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel.
Steel fasteners trade in Saudi Arabia: questions
What is the value of steel fasteners imported by Saudi Arabia?
Saudi Arabia imported steel fasteners worth $556.3 million in 2024 (205.6 thousand tonnes).
Where does Saudi Arabia import steel fasteners from?
The main supplier countries in 2024 were China (42%), United Kingdom (8%), India (8%).
What is the average import price of steel fasteners in Saudi Arabia?
The average declared import value was about $2.71 per kg in 2024, against a world average of $4.28 per kg.
Does Saudi Arabia export steel fasteners?
Yes. Saudi Arabia exported steel fasteners worth $15.1 million in 2024, mainly to Oman, United Arab Emirates, United States.
What is the HS code for steel fasteners?
Steel fasteners falls under HS heading 7318 (Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and sim). The six-digit codes under it split the product by type.
How can I find the companies trading steel fasteners 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 fasteners trade in other countries
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