๐ธ๐ฆ Saudi Arabia imports of steel storage tanks: 2024 trade data
Saudi Arabia imported $234.5 million of steel storage tanks in 2024 (108.3 thousand tonnes). That makes it the 3rd largest importer of this product worldwide, out of 220 countries. That is 50% more than in 2023. Over 2017-2024 the trade grew strongly, by about 32% a year on average.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of steel storage tanks by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $234.5M | 108.3K t |
| 2023 | $156.8M | 25.1K t |
| 2022 | $119.3M | 50.4K t |
| 2021 | $64.9M | 32.1K t |
| 2020 | $68.7M | 26.0K t |
| 2019 | $82.3M | 33.8K t |
| 2018 | $114.9M | 38.1K t |
| 2017 | $34.2M | 10.9K t |
Where Saudi Arabia imports steel storage tanks from
The largest suppliers were United Arab Emirates (48%), China (16%), United States (6%). Among the main suppliers, United States grew fastest (+504% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| ๐ฆ๐ช United Arab Emirates | $111.4M | 48% |
| ๐จ๐ณ China | $36.6M | 16% |
| ๐บ๐ธ United States | $14.9M | 6.4% |
| ๐ฎ๐ณ India | $13.8M | 5.9% |
| ๐ฐ๐ผ Kuwait | $9.2M | 3.9% |
| ๐ช๐ธ Spain | $8.9M | 3.8% |
| ๐ช๐ฌ Egypt | $5.3M | 2.3% |
| ๐น๐ท Turkey | $3.3M | 1.4% |
| ๐ณ๐ฑ Netherlands | $2.7M | 1.1% |
| ๐ฉ๐ช Germany | $2.6M | 1.1% |
Average import price of steel storage tanks
The average declared value was about $2.16 per kg, 55% below the world average of $4.83, 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 storage tanks
Exports of steel storage tanks by Saudi Arabia reached $15.7 million in 2024 (4.5 thousand tonnes). The largest buyer markets were United Arab Emirates (44%), Oman (15%), Bahrain (11%). Among the main buyer markets, United Arab Emirates grew fastest (+257% on the year before).
| Destination | Value | Share |
|---|---|---|
| ๐ฆ๐ช United Arab Emirates | $6.9M | 44% |
| ๐ด๐ฒ Oman | $2.4M | 16% |
| ๐ง๐ญ Bahrain | $1.8M | 11% |
| ๐ฎ๐ณ India | $1.2M | 7.4% |
| ๐ฐ๐ผ Kuwait | $605K | 3.9% |
| ๐ฎ๐ฉ Indonesia | $393K | 2.5% |
| ๐ฏ๐ด Jordan | $379K | 2.4% |
| ๐น๐ท Turkey | $342K | 2.2% |
| ๐ณ๐ฑ Netherlands | $339K | 2.2% |
| ๐ธ๐ฌ Singapore | $255K | 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 7309: Reservoirs, tanks, vats and similar containers; for any material (excluding compressed or liquefied gas), of iron or steel, capacity exceeding 300l, whether or not lined or heat insulated.
Steel storage tanks trade in Saudi Arabia: questions
What is the value of steel storage tanks imported by Saudi Arabia?
Saudi Arabia imported steel storage tanks worth $234.5 million in 2024 (108.3 thousand tonnes).
Where does Saudi Arabia import steel storage tanks from?
The main supplier countries in 2024 were United Arab Emirates (48%), China (16%), United States (6%).
What is the average import price of steel storage tanks in Saudi Arabia?
The average declared import value was about $2.16 per kg in 2024, against a world average of $4.83 per kg.
Does Saudi Arabia export steel storage tanks?
Yes. Saudi Arabia exported steel storage tanks worth $15.7 million in 2024, mainly to United Arab Emirates, Oman, Bahrain.
What is the HS code for steel storage tanks?
Steel storage tanks falls under HS heading 7309 (Reservoirs, tanks, vats and similar containers; for any material (excluding compressed or liquefied gas), of iron or ste). The six-digit codes under it split the product by type.
How can I find the companies trading steel storage tanks 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 storage tanks trade in other countries
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