🇦🇪 United Arab Emirates imports of stainless steel ingots: 2024 trade data
The United Arab Emirates imported $4.5 million of stainless steel ingots in 2024 (1.1 thousand tonnes). Value rose 18% on 2023. Over 2017-2024 the trade grew strongly, by about 15% a year on average.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of stainless steel ingots by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $4.5M | 1.1K t |
| 2023 | $3.8M | 599 t |
| 2022 | $2.6M | 416 t |
| 2021 | $2.9M | 1.5K t |
| 2020 | $2.2M | 986 t |
| 2019 | $5.1M | 1.6K t |
| 2018 | $2.6M | 2.5K t |
| 2017 | $1.7M | 383 t |
Where the United Arab Emirates imports stainless steel ingots from
The largest suppliers were Zambia (36%), United Kingdom (24%), India (21%). Among the main suppliers, Zambia grew fastest (+606% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| 🇿🇲 Zambia | $1.6M | 36% |
| 🇬🇧 United Kingdom | $1.1M | 24% |
| 🇮🇳 India | $933K | 21% |
| 🇺🇸 United States | $230K | 5.1% |
| 🇪🇸 Spain | $211K | 4.7% |
| 🇸🇦 Saudi Arabia | $199K | 4.4% |
| 🇿🇦 South Africa | $170K | 3.8% |
| Taiwan | $33K | 0.7% |
| 🇵🇱 Poland | $12K | 0.3% |
| 🇮🇹 Italy | $11K | 0.2% |
Types of stainless steel ingots under HS 7218
| 7218.99 | Steel, stainless: semi-finished products, other than of rectangular cross-section | 50% |
| 7218.10 | Steel, stainless: ingots and other primary forms | 49% |
| 7218.91 | Steel, stainless: semi-finished products, of rectangular (other than square) cross-section | 1.2% |
Codes and full descriptions: HS heading 7218.
Average import price of stainless steel ingots
The average declared value was about $4.04 per kg, 66% above the world average of $2.44. 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.
The United Arab Emirates also exports stainless steel ingots
Exports of stainless steel ingots by the United Arab Emirates reached $1.6 million in 2024 (831 tonnes). The largest buyer markets were China (35%), Netherlands (21%), Thailand (17%). Among the main buyer markets, Germany grew fastest (+73% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇨🇳 China | $553K | 35% |
| 🇳🇱 Netherlands | $341K | 22% |
| 🇹🇭 Thailand | $276K | 17% |
| 🇩🇪 Germany | $129K | 8.1% |
| 🇧🇭 Bahrain | $95K | 6% |
| 🇶🇦 Qatar | $64K | 4.1% |
| 🇺🇬 Uganda | $51K | 3.2% |
| 🇸🇦 Saudi Arabia | $26K | 1.6% |
| 🇺🇸 United States | $22K | 1.4% |
| 🇸🇨 Seychelles | $13K | 0.8% |
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 7218: Stainless steel in ingots or other primary forms; semi-finished products of stainless steel.
Stainless steel ingots trade in the United Arab Emirates: questions
What is the value of stainless steel ingots imported by the United Arab Emirates?
The United Arab Emirates imported stainless steel ingots worth $4.5 million in 2024 (1.1 thousand tonnes).
Where does the United Arab Emirates import stainless steel ingots from?
The main supplier countries in 2024 were Zambia (36%), United Kingdom (24%), India (21%).
What is the average import price of stainless steel ingots in the United Arab Emirates?
The average declared import value was about $4.04 per kg in 2024, against a world average of $2.44 per kg.
Does the United Arab Emirates export stainless steel ingots?
Yes. The United Arab Emirates exported stainless steel ingots worth $1.6 million in 2024, mainly to China, Netherlands, Thailand.
What is the HS code for stainless steel ingots?
Stainless steel ingots falls under HS heading 7218 (Stainless steel in ingots or other primary forms; semi-finished products of stainless steel). The six-digit codes under it split the product by type.
How can I find the companies trading stainless steel ingots 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.
Stainless steel ingots trade in other countries
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