Round stainless ingot imports in the United States: data, top suppliers and prices
In 2024, the United States imported round stainless ingot worth $152.5 million (34.7 thousand tonnes). That makes it the 3rd largest importer of this product worldwide, out of 169 countries. That is 14% less than in 2023. Across 2017-2024 the long-run trend was broadly stable.
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 | $152.5M | 34.7K t |
| 2023 | $176.3M | 35.7K t |
| 2022 | $186.6M | 37.5K t |
| 2021 | $135.7M | 35.8K t |
| 2020 | $85.1M | 27.2K t |
| 2019 | $122.3M | 39.4K t |
| 2018 | $178.3M | 64.2K t |
| 2017 | $153.1M | 51.0K t |
Where the United States imports round stainless ingot from
The largest suppliers were Sweden (43%), United Kingdom (23%), Mexico (16%).
| Supplier country | Value | Share |
|---|---|---|
| Sweden | $65.6M | 43% |
| United Kingdom | $35.1M | 23% |
| Mexico | $24.4M | 16% |
| Italy | $10.8M | 7.1% |
| Canada | $3.7M | 2.4% |
| Taiwan | $3.0M | 2% |
| Germany | $2.9M | 1.9% |
| Spain | $2.4M | 1.6% |
| Brazil | $1.6M | 1% |
| Denmark | $1.0M | 0.7% |
Average import price per kg
The average declared value was about $4.40 per kg, 77% above the world average of $2.48. 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.
Round stainless ingot exports from the United States
Exports of round stainless ingot by the United States reached $15.9 million in 2024 (1.9 thousand tonnes). Its share of world exports was 1%. The largest buyer markets were Taiwan (22%), Mexico (17%), United Kingdom (17%). Among the main buyer markets, Italy grew fastest, more than tenfold on the year before.
| Destination | Value | Share |
|---|---|---|
| Taiwan | $3.5M | 22% |
| Mexico | $2.8M | 17% |
| United Kingdom | $2.7M | 17% |
| Canada | $2.5M | 16% |
| Italy | $852K | 5.4% |
| China | $780K | 4.9% |
| Brazil | $370K | 2.3% |
| Sweden | $321K | 2% |
| Israel | $314K | 2% |
| Malaysia | $232K | 1.5% |
Who is behind these numbers in the United States?
The shipment records behind United States round stainless ingot imports (HS 7218.99): companies, dates, quantities and declared values.
Shipment records are in the platform
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Direct customs feed: shipment-level records from the official customs source.
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 7218.99: Steel, stainless: semi-finished products, other than of rectangular cross-section.
Common questions
What is the value of round stainless ingot imported by the United States?
The United States imported round stainless ingot worth $152.5 million in 2024, the latest year with complete public data, about 34.7 thousand tonnes. That ranks it 3rd of 169 countries worldwide, with 8% of world imports. The value was down 14% on 2023.
Which countries supply round stainless ingot to the United States?
Sweden was the largest supplier with 43% of the value ($65.6 million), followed by the United Kingdom (23%) and Mexico (16%). The top three together account for 82%, out of 40 supplier countries in total. Brazil grew fastest among the top ten, up 725% on the year.
What is the average import price of round stainless ingot per kg?
The average declared import value was about $4.40 per kg in 2024, 77% above the world average of $2.48 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have imports of round stainless ingot to the United States changed since 2017?
Imports went from $153.1 million in 2017 to $152.5 million in 2024, a fall of 0%. The peak was 2022 at $186.6 million. Over 8 years the average was $148.7 million a year.
Does the United States also export round stainless ingot?
Yes. The United States exported $15.9 million worth of this product in 2024, mainly to Taiwan, Mexico and the United Kingdom. On balance the United States is a net importer of this product, by about $136.6 million a year.
What is the HS code for round stainless ingot?
The HS code for round stainless ingot is subheading 7218.99. It sits in HS chapter 72 (iron and steel). The full list of codes and descriptions is on the HS 7218 page.
How can I find the companies behind this trade?
Shipment-level records for the United States reach EximDataX from a direct customs feed, with company names, dates and declared values. We can show them for your product on a short call.
Same product, other countries
World round stainless ingot trade: top importers and exporters
More trade data for the United States
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