🇺🇸 United States imports of stainless steel ingots: 2024 trade data
The United States imported $263.4 million of stainless steel ingots in 2024 (65.4 thousand tonnes). That makes it the 7th largest importer of this product worldwide, out of 177 countries. Value fell 14% from 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2018, at $402.7 million.
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 | $263.4M | 65.4K t |
| 2023 | $306.3M | 68.4K t |
| 2022 | $324.3M | 68.4K t |
| 2021 | $246.4M | 69.0K t |
| 2020 | $170.1M | 63.3K t |
| 2019 | $234.6M | 89.5K t |
| 2018 | $402.7M | 162.8K t |
| 2017 | $334.4M | 134.0K t |
Where the United States imports stainless steel ingots from
Most of the value came from Sweden (30%), United Kingdom (27%), Canada (17%). Among the main suppliers, Mexico grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| 🇸🇪 Sweden | $78.6M | 30% |
| 🇬🇧 United Kingdom | $70.6M | 27% |
| 🇨🇦 Canada | $45.4M | 17% |
| 🇲🇽 Mexico | $26.9M | 10% |
| 🇮🇹 Italy | $18.1M | 6.9% |
| 🇦🇺 Australia | $6.6M | 2.5% |
| 🇩🇪 Germany | $4.4M | 1.7% |
| Taiwan | $3.7M | 1.4% |
| 🇪🇸 Spain | $2.5M | 0.9% |
| 🇨🇳 China | $2.0M | 0.8% |
Types of stainless steel ingots under HS 7218
| 7218.99 | Steel, stainless: semi-finished products, other than of rectangular cross-section | 58% |
| 7218.91 | Steel, stainless: semi-finished products, of rectangular (other than square) cross-section | 24% |
| 7218.10 | Steel, stainless: ingots and other primary forms | 18% |
Codes and full descriptions: HS heading 7218.
Average import price of stainless steel ingots
The average declared value was about $4.03 per kg, 65% 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 States also exports stainless steel ingots
In 2024, the United States exported stainless steel ingots worth $67.5 million (11.8 thousand tonnes). That makes it the 9th largest exporter of this product worldwide, out of 101 countries. The largest buyer markets were Canada (24%), Spain (15%), Taiwan (8%). Trade is spread widely: the top three buyer markets together make up only 47%. Among the main buyer markets, Malaysia grew fastest (+50% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇨🇦 Canada | $16.0M | 24% |
| 🇪🇸 Spain | $10.2M | 15% |
| Taiwan | $5.2M | 7.8% |
| 🇬🇧 United Kingdom | $4.8M | 7.1% |
| 🇲🇽 Mexico | $3.9M | 5.8% |
| 🇯🇵 Japan | $2.7M | 4% |
| 🇨🇳 China | $2.6M | 3.8% |
| 🇫🇷 France | $2.6M | 3.8% |
| 🇲🇾 Malaysia | $2.3M | 3.4% |
| 🇸🇬 Singapore | $2.1M | 3.1% |
Who is behind these numbers in the United States?
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.
Direct customs feed: shipment-level records from the official customs source.
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 States: questions
What is the value of stainless steel ingots imported by the United States?
The United States imported stainless steel ingots worth $263.4 million in 2024 (65.4 thousand tonnes).
Where does the United States import stainless steel ingots from?
The main supplier countries in 2024 were Sweden (30%), United Kingdom (27%), Canada (17%).
What is the average import price of stainless steel ingots in the United States?
The average declared import value was about $4.03 per kg in 2024, against a world average of $2.44 per kg.
Does the United States export stainless steel ingots?
Yes. The United States exported stainless steel ingots worth $67.5 million in 2024, mainly to Canada, Spain, Taiwan.
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 States?
These public statistics stop at country level. EximDataX has a direct customs feed for the United States with shipment-level records, updated weekly, where you can see the importers and exporters by name.
Stainless steel ingots trade in other countries
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