Bicycles imports in Nigeria: data, top suppliers and prices
Nigeria imported $11.6 million of bicycles in 2024 (12.1 thousand tonnes). That is 24% more than in 2023. Across 2017-2024 the long-run trend was broadly stable.
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 | $11.6M | 12.1K t |
| 2023 | $9.3M | 9.0K t |
| 2022 | $8.5M | 9.5K t |
| 2021 | $9.8M | 6.8K t |
| 2020 | $12.9M | 6.6K t |
| 2019 | $10.4M | 8.2K t |
| 2018 | $10.0M | 4.0K t |
| 2017 | $9.8M | 3.6K t |
Where Nigeria imports bicycles from
The largest suppliers were China (36%), South Korea (20%), Japan (16%). Among the main suppliers, Japan grew fastest (+68% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| China | $4.2M | 36% |
| South Korea | $2.3M | 20% |
| Japan | $1.8M | 16% |
| United Kingdom | $1.8M | 15% |
| United States | $608K | 5.3% |
| Belgium | $144K | 1.3% |
| Taiwan | $104K | 0.9% |
| Sweden | $103K | 0.9% |
| Germany | $60K | 0.5% |
| Switzerland | $60K | 0.5% |
Average import price per kg
The average declared value was about $0.96 per kg, 91% below the world average of $10.19, which often means bulk or lower-grade product.
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 bicycles imports (HS 8712): companies, dates, quantities and declared values.
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.
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 8712: Bicycles and other cycles; including delivery tricycles, not motorised.
Common questions
What is the value of bicycles imported by Nigeria?
Nigeria imported bicycles worth $11.6 million in 2024, the latest year with complete public data, about 12.1 thousand tonnes. That ranks it 70th of 220 countries worldwide, with 0% of world imports. The value was up 24% on 2023.
Which countries supply bicycles to Nigeria?
China was the largest supplier with 36% of the value ($4.2 million), followed by South Korea (20%) and Japan (16%). The top three together account for 72%, out of 49 supplier countries in total. Sweden grew fastest among the top ten, up 294% on the year.
What is the average import price of bicycles per kg?
The average declared import value was about $0.96 per kg in 2024, 91% below the world average of $10.19 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have imports of bicycles to Nigeria changed since 2017?
Imports went from $9.8 million in 2017 to $11.6 million in 2024, an increase of 18%. The peak was 2020 at $12.9 million. Over 8 years the average was $10.3 million a year.
What is the HS code for bicycles?
The HS code for bicycles is heading 8712. In Nigeria all of this trade was declared under the six-digit code 8712.00. It sits in HS chapter 87 (vehicles; other than railway or tramway rolling stock, and parts and accessories thereof). The full list of codes and descriptions is on the HS 8712 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
See what your buyers are buying.Then decide.
Everything we show you comes from official customs filings — records, not claims. 30 minutes. Your shipment. Your HS code. Real platform. If you don’t see something new about your market by the end of the call, we walk away. No follow-ups.