That dollar amount results from a -20.5% drop compared to five years earlier in 2021 when stainless steel exports were worth $5.57 billion.
From 2024 to 2025, the value of globally exported stainless steel slipped by -3.4% starting from $4.58 billion.
The 5 biggest exporters of stainless steel in 2025 are Indonesia, United Kingdom, Sweden, Italy and Belgium. That powerful cohort generated 81.5% of exported stainless steel by value.
Among continents, exporters in Asia sold the highest dollar worth of exported stainless steel during 2025 with shipments valued at $2.64 billion or nearly three-fifths (59.6%) of world exports for that commodity.
In second place were exporters based in Europe via a 37.9% share.
Smaller percentages came from providers in North America (2.3%), Africa (0.11%), Oceania (0.1%) mostly Australia, then Latin America (0.03%) excluding Mexico but including the Caribbean.
For research purposes, the 4-digit Harmonized Tariff System code prefix is 7218 for stainless steel in primary forms including ingots.
Stainless Steel Exporters by Country
Below are the 15 countries that exported the highest dollar value worth of stainless steel during 2025.
- Indonesia: US$2.4 billion (54.8% of total stainless steel exports)
- United Kingdom: $560.1 million (12.7%)
- Sweden: $300.8 million (6.8%)
- Italy: $187.9 million (4.2%)
- Belgium: $135.5 million (3.1%)
- Germany: $122.7 million (2.8%)
- Spain: $88.9 million (2%)
- Austria: $85.7 million (1.9%)
- United States: $73.4 million (1.7%)
- United Arab Emirates: $65.2 million (1.5%)
- Finland: $63.6 million (1.4%)
- France: $57.7 million (1.3%)
- India: $38.3 million (0.9%)
- Taiwan: $36.8 million (0.8%)
- Vietnam: $27.1 million (0.6%)
By value, the listed 15 countries shipped 96.4% of globally exported stainless steel in 2025.
Among the top exporters, the fastest-growing stainless steel exporters from 2024 to 2025 were: United Arab Emirates (up 3,022%), Finland (up 599.8%), Vietnam (up 194.3%) and Belgium (up 64.3%).
Those countries that posted declines in their exported stainless steel sales were led by: Austria (down -35.5% from 2024), United Kingdom (down -35%), United States of America (down -19%), France (down -3.6%) and Sweden (down -2.4%).
Searchable List of Stainless Steel Exporting Countries in 2025
As listed below, the 79 suppliers of stainless steel exporting to worldwide markets generated all international sales in 2025.
| Rank | Exporter | Stainless Steel Exports | 2024-5 |
|---|---|---|---|
| 1 | Indonesia | $2,423,408,000 | +2.3% |
| 2 | United Kingdom | $560,083,000 | -35% |
| 3 | Sweden | $300,839,000 | -2.4% |
| 4 | Italy | $187,900,000 | -1.9% |
| 5 | Belgium | $135,470,000 | +64.3% |
| 6 | Germany | $122,672,000 | +10.3% |
| 7 | Spain | $88,907,000 | -1.9% |
| 8 | Austria | $85,749,000 | -35.5% |
| 9 | United States | $73,439,000 | -19% |
| 10 | United Arab Emirates | $65,188,000 | +3022% |
| 11 | Finland | $63,640,000 | +599.8% |
| 12 | France | $57,723,000 | -3.6% |
| 13 | India | $38,253,000 | +17.5% |
| 14 | Taiwan | $36,755,000 | +2.8% |
| 15 | Vietnam | $27,081,000 | +194.3% |
| 16 | Canada | $23,339,000 | -50% |
| 17 | Netherlands | $17,363,000 | -10.1% |
| 18 | Türkiye | $15,167,000 | +952.5% |
| 19 | Portugal | $14,074,000 | +4.3% |
| 20 | Denmark | $12,856,000 | -17.7% |
| 21 | South Korea | $12,399,000 | +4.9% |
| 22 | Czech Republic | $7,063,000 | -23.8% |
| 23 | Slovenia | $5,808,000 | -25.9% |
| 24 | Australia | $4,222,000 | -61.4% |
| 25 | mainland China | $4,019,000 | +1107% |
| 26 | Hungary | $3,945,000 | -5.2% |
| 27 | Russia | $3,893,000 | +8.4% |
| 28 | Zambia | $3,849,000 | +86.4% |
| 29 | Japan | $3,370,000 | -60.4% |
| 30 | Iran | $3,234,000 | +15.6% |
| 31 | Singapore | $2,970,000 | -33.2% |
| 32 | Mexico | $2,899,000 | -73% |
| 33 | Slovakia | $2,333,000 | -22.1% |
| 34 | Poland | $2,193,000 | +57.3% |
| 35 | Norway | $2,081,000 | +56.2% |
| 36 | Croatia | $1,358,000 | +6.8% |
| 37 | Azerbaijan | $1,160,000 | -44.8% |
| 38 | Brazil | $1,088,000 | -51.8% |
| 39 | Hong Kong | $963,000 | -39% |
| 40 | Thailand | $872,000 | +80.5% |
| 41 | Lithuania | $705,000 | +231% |
| 42 | Pakistan | $624,000 | +1228% |
| 43 | Malaysia | $591,000 | -37.3% |
| 44 | Philippines | $565,000 | +9.7% |
| 45 | Switzerland | $546,000 | -26.6% |
| 46 | South Africa | $518,000 | -46.8% |
| 47 | Ireland | $512,000 | +0.4% |
| 48 | Estonia | $375,000 | +59.6% |
| 49 | Greece | $345,000 | +29.2% |
| 50 | Tunisia | $263,000 | 0% |
| 51 | Ukraine | $209,000 | +464.9% |
| 52 | Saudi Arabia | $205,000 | -21.2% |
| 53 | Romania | $111,000 | +593.8% |
| 54 | Algeria | $73,000 | -90.8% |
| 55 | Bosnia/Herzegovina | $68,000 | +209.1% |
| 56 | Latvia | $68,000 | -75.7% |
| 57 | Panama | $56,000 | +107.4% |
| 58 | Kazakhstan | $53,000 | -93.6% |
| 59 | Colombia | $33,000 | -85.1% |
| 60 | Israel | $31,000 | -59.2% |
| 61 | Rwanda | $29,000 | -9.4% |
| 62 | Bulgaria | $26,000 | +271.4% |
| 63 | Tanzania | $20,000 | +42.9% |
| 64 | Angola | $13,000 | 0% |
| 65 | Uzbekistan | $12,000 | +1100% |
| 66 | Peru | $7,000 | 0% |
| 67 | Guatemala | $5,000 | -78.3% |
| 68 | Guyana | $4,000 | 0% |
| 69 | Qatar | $4,000 | -60% |
| 70 | US Minor Outlying Islands | $4,000 | 0% |
| 71 | Serbia | $3,000 | -97.5% |
| 72 | Luxembourg | $2,000 | -99.4% |
| 73 | El Salvador | $2,000 | 0% |
| 74 | Chile | $1,000 | 0% |
| 75 | Iceland | $1,000 | 0% |
| 76 | Malta | $1,000 | -50% |
| 77 | Honduras | $1,000 | 0% |
| 78 | Trinidad/Tobago | $1,000 | -98% |
| 79 | New Zealand | $1,000 | -99.6% |
You can change the presentation order by clicking the triangle icon at the top of the columns. An entry of 0% in the right-most column means that 2024 data was unavailable.
The fastest-growing exporters of stainless steel were the United Arab Emirates (up 3,022% from 2024), Pakistan (up 1,228%), mainland China (up 1,107%), Uzbekistan (up 1,100%) then Türkiye (up 952.5%).
Main Exporters of Stainless Steel Ranked by Shipment Weight
In 2025, the overall volume for worldwide shipments of stainless steel totaled 2.022 million tons. That physical tonnage is -14.9% lower than 5 years earlier in 2021 and further slowing to a -1.1% drop compared to 2.044 million tons one year earlier in 2024.
The following 15 countries were responsible for 98.3% of the total shipment weight for stainless steel.
- Indonesia: 1,495,196 tons of exported stainless steel (up 3.7% from 2024)
- United Kingdom: 192,375 tons (down -34.3%)
- Sweden: 67,223 tons (down -10.6%)
- United Arab Emirates: 36,639 tons (up 5,119%)
- Finland: 31,532 tons (up 778.1%)
- Germany: 27,400 tons (down -4.6%)
- Belgium: 25,815 tons (up 38.5%)
- France: 18,642 tons (up 11.5%)
- Vietnam: 17,794 tons (up 717.4%)
- Austria: 17,230 tons (down -26.3%)
- India: 16,203 tons (up 24.5%)
- Spain: 13,159 tons (up 0.7%)
- United States: 12,710 tons (down -5.2%)
- Netherlands: 9,642 tons (down -15.8%)
- Taiwan: 6,682 tons (down -4%)
Posting the strongest growth in quantities of stainless steel exported from 2024 to 2025 were suppliers in the United Arab Emirates (up 5,119%), Finland (778.1%), Vietnam (up 717.4%), Belgium (up 38.5%) and India (up 24.5%).
Average Unit Prices for Top Stainless Steel Exporters
For 2025, the worldwide average unit price for exported stainless steel was $2,188 per ton.
The global average price in 2025 is -6.6% lesser than the $2,343 unit price for 2021. Year over year, the dollar rate for stainless steel exports fell by -2.4% compared to $2,242 per ton in 2024.
The following list itemizes the average unit prices for stainless steel exported by the top 15 international suppliers of stainless steel sorted by total shipment value.
Also shown is the change in average unit prices per exporting country from 2024 to 2025.
- Indonesia: US$1,621 per ton of stainless steel (down -1.4% from 2024)
- United Kingdom: $2,911 per ton (down -1%)
- Sweden: $4,475 per ton (up 9.1%)
- Italy: $164,195 per ton (up 3,691%)
- Belgium: $5,248 per ton (up 18.7%)
- Germany: $4,477 per ton (up 15.6%)
- Spain: $6,756 per ton (down -2.6%)
- Austria: $4,977 per ton (down -12.4%)
- United States: $5,778 per ton (down -14.5%)
- United Arab Emirates: $1,779 per ton (down -40.2%)
- Finland: $2,018 per ton (down -20.3%)
- France: $3,096 per ton (down -13.6%)
- India: $2,361 per ton (down -5.6%)
- Taiwan: $5,501 per ton (up 7%)
- Vietnam: $1,522 per ton (down -64%)
The highest average prices were charged by stainless steel exporters in Italy, Spain, United States of America, Mexico, Taiwan and Belgium.
The lowest-charging top suppliers were Vietnam, Indonesia and the United Arab Emirates.
Stainless Steel Exporting Companies
Below are global stainless steel-processing conglomerates that represent established players engaged in the international trade of stainless steel. Each home country is shown within parenthesis.
- Acerinox, SA (Spain)
- British Steel Limited (United Kingdom)
- China Steel (Taiwan)
- Gruppo Riva (Italy)
- Nucor Corporation (United States)
- SSAB AB (Sweden)
- Tata Steel Limited (India)
- ThyssenKrupp AG (Germany)
- Vallourec (France)
- Voestalpine (Austria)
See also Iron Ore Exports by Country, Copper Ore Exports bv Country, Top Nickel Exporters by Country, Top Cork Exporting Countries, Plastic Item Exports by Country and Top Aluminum Exporters by Country
Research Sources:
Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on June 14, 2026
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on June 14, 2026
International Trade Centre, Trade Map. Accessed on June 14, 2026
Investopedia, Net Exports Definition. Accessed on June 14, 2026
Wikipedia, List of steel producers. Accessed on June 14, 2026