Aluminium scrap exports from Nigeria: data, top buyers and prices
In 2024, Nigeria exported aluminium scrap worth $27.7 million (14.8 thousand tonnes). Value fell 23% from 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2022, at $72.5 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $27.7M | 14.8K t |
| 2023 | $36.0M | 18.1K t |
| 2022 | $72.5M | 30.7K t |
| 2021 | $21.8M | 12.4K t |
| 2020 | $7.9M | 6.2K t |
| 2019 | $23.9M | 15.8K t |
| 2018 | $42.3M | 23.3K t |
| 2017 | $39.0M | 24.0K t |
Where Nigeria exports aluminium scrap to
Most of it went to South Korea (39%), India (17%), Thailand (15%). Among the main buyer markets, Japan grew fastest (+498% on the year before).
| Destination | Value | Share |
|---|---|---|
| South Korea | $10.7M | 39% |
| India | $4.8M | 17% |
| Thailand | $4.1M | 15% |
| Greece | $2.6M | 9.3% |
| Saudi Arabia | $1.9M | 6.7% |
| China | $1.4M | 4.9% |
| Germany | $738K | 2.7% |
| Japan | $658K | 2.4% |
| South Africa | $435K | 1.6% |
| Hong Kong | $158K | 0.6% |
Average export price per kg
The average declared value was about $1.87 per kg, close to the world average of $1.78.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in Nigeria?
The shipment records behind Nigeria aluminium scrap exports (HS 7602): 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 7602: Aluminium; waste and scrap.
Common questions
What is the value of aluminium scrap exported by Nigeria?
Nigeria exported aluminium scrap worth $27.7 million in 2024, the latest year with complete public data, about 14.8 thousand tonnes. That ranks it 75th of 201 countries worldwide, with 0% of world exports. The value was down 23% on 2023.
Which countries buy aluminium scrap from Nigeria?
South Korea was the largest buyer with 39% of the value ($10.7 million), followed by India (17%) and Thailand (15%). The top three together account for 71%, out of 15 buyer countries in total. Japan grew fastest among the top ten, up 498% on the year.
What is the average export price of aluminium scrap per kg?
The average declared export value was about $1.87 per kg in 2024, 5% above the world average of $1.78 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have exports of aluminium scrap from Nigeria changed since 2017?
Exports went from $39.0 million in 2017 to $27.7 million in 2024, a fall of 29%. The peak was 2022 at $72.5 million. Over 8 years the average was $33.9 million a year.
What is the HS code for aluminium scrap?
The HS code for aluminium scrap is heading 7602. In Nigeria all of this trade was declared under the six-digit code 7602.00. It sits in HS chapter 76 (aluminium and articles thereof). The full list of codes and descriptions is on the HS 7602 page.
How can I find the companies behind this trade?
EximDataX has a direct customs feed for Nigeria, so the importers and exporters behind these totals are visible by name, shipment by shipment. Ask for a live look at your product.
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