🇸🇦 Saudi Arabia imports of steel ingots: 2024 trade data
Imports of steel ingots by Saudi Arabia reached $13.6 million in 2024 (13.0 thousand tonnes). That makes it the 9th largest importer of this product worldwide, out of 163 countries. Value rose 29% on 2023. Over 2017-2024 the trade grew strongly, by about 65% a year on average. The peak in this period was 2022, at $19.1 million.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of steel ingots by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $13.6M | 13.0K t |
| 2023 | $10.6M | 8.7K t |
| 2022 | $19.1M | 31.8K t |
| 2021 | $11.0M | 14.8K t |
| 2020 | $930K | 268 t |
| 2019 | $85K | 56 t |
| 2018 | $282K | 50 t |
| 2017 | $407K | 127 t |
Where Saudi Arabia imports steel ingots from
One supplier dominates: Jordan accounted for 58% of the value. Among the main suppliers, China grew fastest (+848% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| 🇯🇴 Jordan | $7.9M | 58% |
| 🇨🇳 China | $4.6M | 34% |
| 🇪🇬 Egypt | $847K | 6.2% |
| Taiwan | $97K | 0.7% |
| 🇺🇸 United States | $79K | 0.6% |
| 🇦🇪 United Arab Emirates | $53K | 0.4% |
| 🇮🇳 India | $18K | 0.1% |
| 🇫🇷 France | $11K | 0.1% |
| 🇧🇭 Bahrain | $10K | 0.1% |
| 🇹🇷 Turkey | $8K | 0.1% |
Types of steel ingots under HS 7206
| 7206.10 | Iron or non-alloy steel: ingots (excluding iron of heading no. 7203) | 74% |
| 7206.90 | Iron or non-alloy steel: primary forms (excluding ingots and iron of heading no. 7203) | 26% |
Codes and full descriptions: HS heading 7206.
Average import price of steel ingots
The average declared value was about $1.05 per kg, 48% above the world average of $0.71. 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.
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 7206: Iron and non-alloy steel in ingots or other primary forms (excluding iron of heading no. 7203).
Steel ingots trade in Saudi Arabia: questions
What is the value of steel ingots imported by Saudi Arabia?
Saudi Arabia imported steel ingots worth $13.6 million in 2024 (13.0 thousand tonnes).
Where does Saudi Arabia import steel ingots from?
The main supplier countries in 2024 were Jordan (58%), China (34%), Egypt (6%).
What is the average import price of steel ingots in Saudi Arabia?
The average declared import value was about $1.05 per kg in 2024, against a world average of $0.71 per kg.
What is the HS code for steel ingots?
Steel ingots falls under HS heading 7206 (Iron and non-alloy steel in ingots or other primary forms (excluding iron of heading no. 7203)). The six-digit codes under it split the product by type.
How can I find the companies trading steel ingots 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 ingots trade in other countries
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