🇸🇦 Saudi Arabia imports of steel semi-finished products: 2024 trade data
Saudi Arabia imported $915.1 million of steel semi-finished products in 2024 (1.48 million tonnes). It ranks 9th of 187 countries for imports of this product. That is close to the 2023 level. Over 2017-2024 the trade grew strongly, by about 12% a year on average. The peak in this period was 2022, at $1.27 billion.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of steel semi-finished products by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $915.1M | 1.48M t |
| 2023 | $905.8M | 754.9K t |
| 2022 | $1.27B | 1.70M t |
| 2021 | $635.8M | 918.2K t |
| 2020 | $734.3M | 1.70M t |
| 2019 | $443.1M | 921.2K t |
| 2018 | $578.6M | 953.1K t |
| 2017 | $402.4M | 814.4K t |
Where Saudi Arabia imports steel semi-finished products from
Most of the value came from Oman (36%), Bahrain (24%), China (20%). Among the main suppliers, China grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| 🇴🇲 Oman | $329.4M | 36% |
| 🇧🇭 Bahrain | $219.1M | 24% |
| 🇨🇳 China | $179.1M | 20% |
| 🇶🇦 Qatar | $69.2M | 7.6% |
| 🇷🇺 Russia | $46.4M | 5.1% |
| 🇮🇳 India | $36.6M | 4% |
| 🇮🇩 Indonesia | $23.8M | 2.6% |
| 🇰🇼 Kuwait | $4.1M | 0.4% |
| 🇦🇪 United Arab Emirates | $1.5M | 0.2% |
| 🇨🇿 Czech Republic | $1.3M | 0.1% |
Types of steel semi-finished products under HS 7207
| 7207.11 | Iron or non-alloy steel: semi-finished products of iron or non-alloy steel: containing by weight less than 0.25% of carbon, of rectangular (including… | 49% |
| 7207.19 | Iron or non-alloy steel: semi-finished products of iron or non-alloy steel, containing by weight less than 0.25% of carbon, other than rectangular or… | 40% |
| 7207.20 | Iron or non-alloy steel: semi-finished products of iron or non-alloy steel, containing by weight 0.25% or more of carbon | 12% |
| 7207.12 | Iron or non-alloy steel: semi-finished products of iron or non-alloy steel: containing by weight less than 0.25% of carbon, of rectangular (other… | 0.1% |
Codes and full descriptions: HS heading 7207.
Average import price of steel semi-finished products
The average declared value was about $0.62 per kg, close to the world average of $0.60.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Saudi Arabia also exports steel semi-finished products
Exports of steel semi-finished products by Saudi Arabia reached $260.5 million in 2024 (459.1 thousand tonnes). Its share of world exports was 1%. Turkey alone took 56% of it. Among the main buyer markets, Turkey grew fastest (+74% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇹🇷 Turkey | $146.5M | 56% |
| Taiwan | $67.8M | 26% |
| 🇮🇩 Indonesia | $19.8M | 7.6% |
| 🇯🇴 Jordan | $10.3M | 4% |
| 🇮🇹 Italy | $9.6M | 3.7% |
| 🇦🇪 United Arab Emirates | $4.8M | 1.8% |
| 🇧🇭 Bahrain | $767K | 0.3% |
| 🇲🇦 Morocco | $556K | 0.2% |
| 🇩🇯 Djibouti | $249K | 0.1% |
| 🇰🇼 Kuwait | $9K | 0% |
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 7207: Iron or non-alloy steel; semi-finished products thereof.
Steel semi-finished products trade in Saudi Arabia: questions
What is the value of steel semi-finished products imported by Saudi Arabia?
Saudi Arabia imported steel semi-finished products worth $915.1 million in 2024 (1.48 million tonnes).
Where does Saudi Arabia import steel semi-finished products from?
The main supplier countries in 2024 were Oman (36%), Bahrain (24%), China (20%).
What is the average import price of steel semi-finished products in Saudi Arabia?
The average declared import value was about $0.62 per kg in 2024, against a world average of $0.60 per kg.
Does Saudi Arabia export steel semi-finished products?
Yes. Saudi Arabia exported steel semi-finished products worth $260.5 million in 2024, mainly to Turkey, Taiwan, Indonesia.
What is the HS code for steel semi-finished products?
Steel semi-finished products falls under HS heading 7207 (Iron or non-alloy steel; semi-finished products thereof). The six-digit codes under it split the product by type.
How can I find the companies trading steel semi-finished products 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 semi-finished products trade in other countries
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