Stainless steel scrap exports from the United Arab Emirates: data, top buyers and prices
The United Arab Emirates exported $70.6 million of stainless steel scrap in 2024 (44.1 thousand tonnes). Its share of world exports was 1%. Value fell 12% from 2023. Over 2017-2024 it shrank by about 6% a year on average. The peak in this period was 2022, at $258.3 million.
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 | $70.6M | 44.1K t |
| 2023 | $80.6M | 48.5K t |
| 2022 | $258.3M | 129.5K t |
| 2021 | $228.9M | 125.4K t |
| 2020 | $115.7M | 92.9K t |
| 2019 | $182.0M | 137.0K t |
| 2018 | $142.8M | 86.3K t |
| 2017 | $110.3M | 79.7K t |
Where the United Arab Emirates exports stainless steel scrap to
The largest buyer markets were India (47%), South Korea (14%), Thailand (13%). Among the main buyer markets, Netherlands grew fastest, more than tenfold on the year before.
| Destination | Value | Share |
|---|---|---|
| India | $32.9M | 47% |
| South Korea | $10.2M | 14% |
| Thailand | $9.0M | 13% |
| Netherlands | $4.7M | 6.6% |
| United Kingdom | $4.5M | 6.4% |
| Spain | $2.6M | 3.6% |
| Japan | $1.7M | 2.5% |
| Taiwan | $1.4M | 2% |
| Malaysia | $1.3M | 1.9% |
| Lithuania | $859K | 1.2% |
Average export price per kg
The average declared value was about $1.60 per kg, close to the world average of $1.41.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Stainless steel scrap imports to the United Arab Emirates
The United Arab Emirates imported $8.8 million of stainless steel scrap in 2024 (8.8 thousand tonnes). The largest suppliers were South Korea (25%), Switzerland (23%), Germany (16%). Among the main suppliers, Saudi Arabia grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| South Korea | $2.1M | 25% |
| Switzerland | $2.0M | 23% |
| Germany | $1.4M | 16% |
| Saudi Arabia | $806K | 9.2% |
| Kuwait | $449K | 5.1% |
| Pakistan | $278K | 3.2% |
| Thailand | $230K | 2.6% |
| United States | $227K | 2.6% |
| Senegal | $184K | 2.1% |
| Singapore | $184K | 2.1% |
Who is behind these numbers in the United Arab Emirates?
The shipment records behind United Arab Emirates stainless steel scrap exports (HS 7204.21): 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 7204.21: Ferrous waste and scrap: of stainless steel.
Common questions
What is the value of stainless steel scrap exported by the United Arab Emirates?
The United Arab Emirates exported stainless steel scrap worth $70.6 million in 2024, the latest year with complete public data, about 44.1 thousand tonnes. That ranks it 25th of 177 countries worldwide, with 1% of world exports. The value was down 12% on 2023.
Which countries buy stainless steel scrap from the United Arab Emirates?
India was the largest buyer with 47% of the value ($32.9 million), followed by South Korea (14%) and Thailand (13%). The top three together account for 74%, out of 20 buyer countries in total. Spain grew fastest among the top ten, up 469% on the year.
What is the average export price of stainless steel scrap per kg?
The average declared export value was about $1.60 per kg in 2024, 13% above the world average of $1.41 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have exports of stainless steel scrap from the United Arab Emirates changed since 2017?
Exports went from $110.3 million in 2017 to $70.6 million in 2024, a fall of 36%. The peak was 2022 at $258.3 million. Over 8 years the average was $148.7 million a year.
Does the United Arab Emirates also import stainless steel scrap?
Yes. The United Arab Emirates imported $8.8 million worth of this product in 2024, mainly from South Korea, Switzerland and Germany. On balance the United Arab Emirates is a net exporter of this product, by about $61.9 million a year.
What is the HS code for stainless steel scrap?
The HS code for stainless steel scrap is subheading 7204.21. It sits in HS chapter 72 (iron and steel). The full list of codes and descriptions is on the HS 7204 page.
How can I find the companies behind this trade?
EximDataX rebuilds the United Arab Emirates 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 stainless steel scrap trade: top importers and exporters
More trade data for the United Arab Emirates
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