Permanent metal magnets imports in the United Arab Emirates: data, top suppliers and prices
In 2024, the United Arab Emirates imported permanent metal magnets worth $10.0 million (849 tonnes). That is 90% more than in 2023. Over 2017-2024 the trade grew strongly, by about 21% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $10.0M | 849 t |
| 2023 | $5.3M | 323 t |
| 2022 | $9.2M | 407 t |
| 2021 | $3.2M | 291 t |
| 2020 | $2.5M | 182 t |
| 2019 | $4.0M | 255 t |
| 2018 | $3.3M | 278 t |
| 2017 | $2.6M | 216 t |
Where the United Arab Emirates imports permanent metal magnets from
China alone supplied 77% of it. Among the main suppliers, China grew fastest (+111% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| China | $7.7M | 77% |
| Germany | $829K | 8.3% |
| United States | $458K | 4.6% |
| India | $393K | 3.9% |
| United Kingdom | $170K | 1.7% |
| France | $53K | 0.5% |
| Saudi Arabia | $53K | 0.5% |
| Singapore | $49K | 0.5% |
| Netherlands | $37K | 0.4% |
| Austria | $34K | 0.3% |
Average import price per kg
The average declared value was about $11.79 per kg, 55% below the world average of $26.42, 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.
Permanent metal magnets exports from the United Arab Emirates
Exports of permanent metal magnets by the United Arab Emirates reached $389 thousand in 2024 (26 tonnes). The largest buyer markets were China (33%), Saudi Arabia (22%), Germany (14%). Among the main buyer markets, Germany grew fastest, more than tenfold on the year before.
| Destination | Value | Share |
|---|---|---|
| China | $129K | 33% |
| Saudi Arabia | $85K | 22% |
| Germany | $56K | 14% |
| Switzerland | $50K | 13% |
| United States | $12K | 3.1% |
| Sri Lanka | $6K | 1.5% |
| United Kingdom | $6K | 1.4% |
| Ecuador | $5K | 1.2% |
| Netherlands | $4K | 1% |
| Australia | $4K | 1% |
Who is behind these numbers in the United Arab Emirates?
The shipment records behind United Arab Emirates permanent metal magnets imports (HS 8505.11): companies, dates, quantities and declared values.
Shipment records are in the platform
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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 8505.11: Magnets: permanent magnets and articles intended to become permanent magnets after magnetisation, of metal.
Common questions
What is the value of permanent metal magnets imported by the United Arab Emirates?
The United Arab Emirates imported permanent metal magnets worth $10.0 million in 2024, the latest year with complete public data, about 849 tonnes. That ranks it 41st of 211 countries worldwide, with 0% of world imports. The value was up 90% on 2023.
Which countries supply permanent metal magnets to the United Arab Emirates?
China was the largest supplier with 77% of the value ($7.7 million), followed by Germany (8%) and the United States (5%). The top three together account for 90%, out of 49 supplier countries in total. Austria grew fastest among the top ten, up 417% on the year.
What is the average import price of permanent metal magnets per kg?
The average declared import value was about $11.79 per kg in 2024, 55% below the world average of $26.42 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have imports of permanent metal magnets to the United Arab Emirates changed since 2017?
Imports went from $2.6 million in 2017 to $10.0 million in 2024, an increase of 286%. 2024 was the highest year in the period. Over 8 years the average was $5.0 million a year.
Does the United Arab Emirates also export permanent metal magnets?
Yes. The United Arab Emirates exported $389 thousand worth of this product in 2024, mainly to China, Saudi Arabia and Germany. On balance the United Arab Emirates is a net importer of this product, by about $9.6 million a year.
What is the HS code for permanent metal magnets?
The HS code for permanent metal magnets is subheading 8505.11. It sits in HS chapter 85 (electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles). The full list of codes and descriptions is on the HS 8505 page.
How can I find the companies behind this trade?
For the United Arab Emirates, EximDataX reads the shipment records of the countries that trade with it and shows the companies on both sides. We can walk you through your product on a short call.
Same product, other countries
World permanent metal magnets trade: top importers and exporters
More trade data for the United Arab Emirates
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