Exports In 2023, Saudi Arabia exported $1.88B in Iron & steel, making it the 38th largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 8th most exported product in Saudi Arabia. The main destination of Iron & steel exports from Saudi Arabia are: Turkey ($222M), Jordan ($195M), Hong Kong ($190M), United Arab Emirates ($184M), and Egypt ($146M).
The fastest growing export markets for Iron & steel of Saudi Arabia between 2022 and 2023 were Egypt ($128M), Iraq ($94.9M), and Chinese Taipei ($74.3M).
Imports In 2023, Saudi Arabia imported $5.53B in Iron & steel, becoming the 24th largest importer of Iron & steel in the world. At the same year, Iron & steel was the 8th most imported product in Saudi Arabia. Saudi Arabia imports Iron & steel primarily from: China ($2.23B), Oman ($820M), Bahrain ($474M), Sweden ($326M), and Japan ($268M).
The fastest growing import markets in Iron & steel for Saudi Arabia between 2022 and 2023 were China ($412M), Vietnam ($178M), and Japan ($108M).