🇦🇪 United Arab Emirates exports of reduced iron and sponge iron: 2024 trade data
Exports of reduced iron and sponge iron by the United Arab Emirates reached $38.6 million in 2024 (121.9 thousand tonnes). Its share of world exports was 1%. That is 70% less than in 2023. Over 2017-2024 it shrank by about 13% a year on average. The peak in this period was 2021, at $271.3 million.
Public statistics, latest reported year 2024. Values in US dollars.
Exports of reduced iron and sponge iron by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $38.6M | 121.9K t |
| 2023 | $129.1M | 422.4K t |
| 2022 | $105.6M | 489.5K t |
| 2021 | $271.3M | 822.6K t |
| 2020 | $85.3M | 448.2K t |
| 2019 | $36.2M | 252.3K t |
| 2018 | $187.0M | 649.0K t |
| 2017 | $102.8M | 375.3K t |
Where the United Arab Emirates exports reduced iron and sponge iron to
Kuwait alone took 84% of it. Among the main buyer markets, India grew fastest (+60% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇰🇼 Kuwait | $32.4M | 84% |
| 🇮🇳 India | $5.0M | 13% |
| 🇮🇩 Indonesia | $383K | 1% |
| 🇯🇵 Japan | $241K | 0.6% |
| 🇿🇦 South Africa | $219K | 0.6% |
| 🇸🇦 Saudi Arabia | $201K | 0.5% |
| 🇹🇭 Thailand | $139K | 0.4% |
| 🇹🇳 Tunisia | $6K | 0% |
| 🇬🇲 Gambia | $1K | 0% |
Types of reduced iron and sponge iron under HS 7203
| 7203.10 | Ferrous products: obtained by direct reduction of iron ore, in lumps, pellets or similar forms | 99% |
| 7203.90 | Ferrous products: spongy ferrous products and iron having a minimum purity by weight of 99.94%, in lumps, pellets or similar forms | 1.3% |
Codes and full descriptions: HS heading 7203.
Average export price of reduced iron and sponge iron
The average declared value was about $0.32 per kg, close to the world average of $0.30.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
The United Arab Emirates also imports reduced iron and sponge iron
In 2024, the United Arab Emirates imported reduced iron and sponge iron worth $340 thousand (529 tonnes). China alone supplied 99% of it.
| Supplier country | Value | Share |
|---|---|---|
| 🇨🇳 China | $336K | 99% |
| 🇮🇹 Italy | $4K | 1.1% |
| 🇮🇳 India | $0K | 0.1% |
| 🇩🇪 Germany | $0K | 0% |
Who is behind these numbers in the United Arab Emirates?
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 7203: Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or the like; iron having a minimum purity of 99.94%, in lumps, pellets or similar forms.
Reduced iron and sponge iron trade in the United Arab Emirates: questions
What is the value of reduced iron and sponge iron imported by the United Arab Emirates?
The United Arab Emirates imported reduced iron and sponge iron worth $340 thousand in 2024 (529 tonnes).
Where does the United Arab Emirates import reduced iron and sponge iron from?
The main supplier countries in 2024 were China (99%), Italy (1%), India (0%).
What is the average import price of reduced iron and sponge iron in the United Arab Emirates?
The average declared import value was about $0.64 per kg in 2024, against a world average of $0.30 per kg.
Does the United Arab Emirates export reduced iron and sponge iron?
Yes. The United Arab Emirates exported reduced iron and sponge iron worth $38.6 million in 2024, mainly to Kuwait, India, Indonesia.
What is the HS code for reduced iron and sponge iron?
Reduced iron and sponge iron falls under HS heading 7203 (Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or the li). The six-digit codes under it split the product by type.
How can I find the companies trading reduced iron and sponge iron with the United Arab Emirates?
These public statistics stop at country level. EximDataX builds the United Arab Emirates trade from the records of its trading partners, updated weekly, so you can see who ships this product there.
Reduced iron and sponge iron trade in other countries
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