Cut precious stones (other types) exports from Nigeria: data, top buyers and prices
Nigeria exported $15.1 million of cut precious stones (other types) in 2024 (28 tonnes). Its share of world exports was 1%. That is 18% less than in 2023. Over 2017-2024 the trade grew strongly, by about 26% a year on average.
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 | $15.1M | 28 t |
| 2023 | $18.5M | 20 t |
| 2022 | $9.1M | 7 t |
| 2021 | $4.3M | 1.8K t |
| 2020 | $5.5M | 2.6K t |
| 2019 | $4.4M | 777 t |
| 2018 | $3.8M | 71 t |
| 2017 | $3.0M | 41 t |
Where Nigeria exports cut precious stones (other types) to
United States alone took 58% of it. Among the main buyer markets, Italy grew fastest (+49% on the year before).
| Destination | Value | Share |
|---|---|---|
| United States | $8.7M | 58% |
| Italy | $2.2M | 15% |
| France | $1.4M | 9.2% |
| Switzerland | $812K | 5.4% |
| India | $745K | 4.9% |
| Thailand | $657K | 4.4% |
| Germany | $249K | 1.7% |
| United Kingdom | $130K | 0.9% |
| Japan | $84K | 0.6% |
| China | $38K | 0.3% |
Average export price per kg
The average declared value was about $532.68 per kg, 160% above the world average of $204.80. This usually points to higher-grade or processed goods.
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 cut precious stones (other types) exports (HS 7103.99): 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 7103.99: Stones: precious (other than diamonds) and semi-precious stones, (other than rubies, sapphires and emeralds), worked other than simply sawn or roughly shaped, not strung, mounted or set.
Common questions
What is the value of cut precious stones (other types) exported by Nigeria?
Nigeria exported cut precious stones (other types) worth $15.1 million in 2024, the latest year with complete public data, about 28 tonnes. That ranks it 23rd of 151 countries worldwide, with 1% of world exports. The value was down 18% on 2023.
Which countries buy cut precious stones (other types) from Nigeria?
The United States was the largest buyer with 58% of the value ($8.7 million), followed by Italy (14%) and France (9%). The top three together account for 81%, out of 28 buyer countries in total. Germany grew fastest among the top ten, up 939% on the year.
What is the average export price of cut precious stones (other types) per kg?
The average declared export value was about $532.68 per kg in 2024, 160% above the world average of $204.80 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have exports of cut precious stones (other types) from Nigeria changed since 2017?
Exports went from $3.0 million in 2017 to $15.1 million in 2024, an increase of 403%. The peak was 2023 at $18.5 million. Over 8 years the average was $8.0 million a year.
What is the HS code for cut precious stones (other types)?
The HS code for cut precious stones (other types) is subheading 7103.99. It sits in HS chapter 71 (natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin). The full list of codes and descriptions is on the HS 7103 page.
How can I find the companies behind this trade?
The totals here are public statistics; the company-level detail sits in EximDataX, which has a direct customs feed for Nigeria. Tell us your product to see it live.
Same product, other countries
World cut precious stones (other types) trade: top importers and exporters
More trade data for Nigeria
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