Aluminium alloy ingots imports in Nigeria: data, top suppliers and prices
Nigeria imported $18.9 million of aluminium alloy ingots in 2024 (6.9 thousand tonnes). Value fell 61% from 2023. Over 2017-2024 the trade grew strongly, by about 44% a year on average. The peak in this period was 2023, at $48.2 million.
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 | $18.9M | 6.9K t |
| 2023 | $48.2M | 28.3K t |
| 2022 | $19.6M | 10.5K t |
| 2021 | $17.0M | 6.6K t |
| 2020 | $19.6M | 9.9K t |
| 2019 | $483K | 223 t |
| 2018 | $4.8M | 2.2K t |
| 2017 | $1.5M | 653 t |
Where Nigeria imports aluminium alloy ingots from
One supplier dominates: Malaysia accounted for 82% of the value.
Average import price per kg
The average declared value was about $2.73 per kg, close to the world average of $2.61.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Aluminium alloy ingots exports from Nigeria
Exports of aluminium alloy ingots by Nigeria reached $298.9 million in 2024 (133.7 thousand tonnes). Its share of world exports was 1%. One buyer market dominates: Japan accounted for 68% of the value. Among the main buyer markets, United Kingdom grew fastest, more than tenfold on the year before.
| Destination | Value | Share |
|---|---|---|
| Japan | $202.7M | 68% |
| China | $25.9M | 8.7% |
| Malaysia | $16.2M | 5.4% |
| Indonesia | $14.9M | 5% |
| United Kingdom | $14.3M | 4.8% |
| Mexico | $5.7M | 1.9% |
| United States | $4.1M | 1.4% |
| South Korea | $2.4M | 0.8% |
| Taiwan | $2.4M | 0.8% |
| Greece | $1.9M | 0.7% |
Who is behind these numbers in Nigeria?
The shipment records behind Nigeria aluminium alloy ingots imports (HS 7601.20): 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 7601.20: Aluminium: unwrought, alloys.
Common questions
What is the value of aluminium alloy ingots imported by Nigeria?
Nigeria imported aluminium alloy ingots worth $18.9 million in 2024, the latest year with complete public data, about 6.9 thousand tonnes. That ranks it 71st of 181 countries worldwide, with 0% of world imports. The value was down 61% on 2023.
Which countries supply aluminium alloy ingots to Nigeria?
Malaysia was the largest supplier with 82% of the value ($15.6 million), followed by Turkey (14%) and Bahrain (2%). The top three together account for 99%, out of 10 supplier countries in total. Lebanon grew fastest among the top ten, up 399% on the year.
What is the average import price of aluminium alloy ingots per kg?
The average declared import value was about $2.73 per kg in 2024, close to the world average of $2.61 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have imports of aluminium alloy ingots to Nigeria changed since 2017?
Imports went from $1.5 million in 2017 to $18.9 million in 2024. The peak was 2023 at $48.2 million. Over 8 years the average was $16.3 million a year.
Does Nigeria also export aluminium alloy ingots?
Yes. Nigeria exported $298.9 million worth of this product in 2024, mainly to Japan, China and Malaysia. That compares with imports of $18.9 million in the same year.
What is the HS code for aluminium alloy ingots?
The HS code for aluminium alloy ingots is subheading 7601.20. It sits in HS chapter 76 (aluminium and articles thereof). The full list of codes and descriptions is on the HS 7601 page.
How can I find the companies behind this trade?
Shipment-level records for Nigeria 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 aluminium alloy ingots trade: top importers and exporters
More trade data for Nigeria
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