Thick hot-rolled steel coil exports from Saudi Arabia: data, top buyers and prices
In 2024, Saudi Arabia exported thick hot-rolled steel coil worth $67.5 million (86.6 thousand tonnes). Its share of world exports was 1%. Value rose 24% on 2023. Over 2017-2024 the trade grew strongly, by about 59% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $67.5M | 86.6K t |
| 2023 | $54.4M | 73.5K t |
| 2022 | $15.1M | 17.4K t |
| 2021 | $28.0M | 30.6K t |
| 2020 | $9.8M | 23.9K t |
| 2019 | $2.1M | 3.3K t |
| 2018 | $9.6M | 15.6K t |
| 2017 | $2.6M | 5.0K t |
Where Saudi Arabia exports thick hot-rolled steel coil to
Portugal alone took 56% of it. Among the main buyer markets, Portugal grew fastest (+565% on the year before).
Average export price per kg
The average declared value was about $0.78 per kg, 22% above the world average of $0.64. 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.
Thick hot-rolled steel coil imports to Saudi Arabia
Imports of thick hot-rolled steel coil by Saudi Arabia reached $57.2 million in 2024 (87.8 thousand tonnes). Its share of world imports was 1%. One supplier dominates: China accounted for 85% of the value.
| Supplier country | Value | Share |
|---|---|---|
| China | $48.6M | 85% |
| South Korea | $5.7M | 10% |
| Egypt | $1.5M | 2.6% |
| Japan | $1.1M | 2% |
| India | $194K | 0.3% |
| Norway | $19K | 0% |
| United Kingdom | $2K | 0% |
| Netherlands | $1K | 0% |
| Brazil | $0K | 0% |
Who is behind these numbers in Saudi Arabia?
The shipment records behind Saudi Arabia thick hot-rolled steel coil exports (HS 7208.37): companies, dates, quantities and declared values.
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.
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 7208.37: Iron or non-alloy steel: in coils, without patterns in relief, flat-rolled, of a width 600mm or more, hot-rolled, of a thickness of 4.75mm or more but not exceeding 10mm.
Common questions
What is the value of thick hot-rolled steel coil exported by Saudi Arabia?
Saudi Arabia exported thick hot-rolled steel coil worth $67.5 million in 2024, the latest year with complete public data, about 86.6 thousand tonnes. That ranks it 20th of 80 countries worldwide, with 1% of world exports. The value was up 24% on 2023.
Which countries buy thick hot-rolled steel coil from Saudi Arabia?
Portugal was the largest buyer with 56% of the value ($37.5 million), followed by Spain (16%) and Poland (16%). The top three together account for 87%, out of 9 buyer countries in total. Bahrain grew fastest among the top ten, up 823% on the year.
What is the average export price of thick hot-rolled steel coil per kg?
The average declared export value was about $0.78 per kg in 2024, 22% above the world average of $0.64 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have exports of thick hot-rolled steel coil from Saudi Arabia changed since 2017?
Exports went from $2.6 million in 2017 to $67.5 million in 2024. 2024 was the highest year in the period. Over 8 years the average was $23.6 million a year.
Does Saudi Arabia also import thick hot-rolled steel coil?
Yes. Saudi Arabia imported $57.2 million worth of this product in 2024, mainly from China, South Korea and Egypt. That compares with exports of $67.5 million in the same year.
What is the HS code for thick hot-rolled steel coil?
The HS code for thick hot-rolled steel coil is subheading 7208.37. It sits in HS chapter 72 (iron and steel). The full list of codes and descriptions is on the HS 7208 page.
How can I find the companies behind this trade?
EximDataX rebuilds Saudi Arabia trade from the customs records of its trading partners, so the companies shipping to and from it are visible. Ask for a live look at your product.
Same product, other countries
World thick hot-rolled steel coil trade: top importers and exporters
See what your buyers are buying.Then decide.
Everything we show you comes from official customs filings — records, not claims. 30 minutes. Your shipment. Your HS code. Real platform. If you don’t see something new about your market by the end of the call, we walk away. No follow-ups.