Fish and marine oil imports in Nigeria: data, top suppliers and prices
In 2024, Nigeria imported fish and marine oil worth $2.7 million (974 tonnes). That is 71% less than in 2023. Over 2017-2024 the trade grew strongly, by about 40% a year on average. The peak in this period was 2023, at $9.2 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 | $2.7M | 974 t |
| 2023 | $9.2M | 2.6K t |
| 2022 | $5.1M | 2.4K t |
| 2021 | $3.8M | 2.4K t |
| 2020 | $1.2M | 738 t |
| 2019 | $989K | 350 t |
| 2018 | $916K | 332 t |
| 2017 | $255K | 141 t |
Where Nigeria imports fish and marine oil from
The largest suppliers were United Kingdom (37%), Germany (21%), India (16%). Among the main suppliers, Belgium grew fastest (+260% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| United Kingdom | $984K | 37% |
| Germany | $556K | 21% |
| India | $419K | 16% |
| United States | $390K | 15% |
| Norway | $135K | 5% |
| Latvia | $122K | 4.5% |
| Belgium | $60K | 2.2% |
| Trinidad and Tobago | $28K | 1% |
| Lithuania | $0K | 0% |
| South Africa | $0K | 0% |
Product types under HS 1504
| 1504.20 | Fats and oils and their fractions: of fish, (excluding liver-oils) | 92% |
| 1504.30 | Fats and oils and their fractions: of marine mammals | 5.2% |
| 1504.10 | Fish liver oil | 3.1% |
Codes and full descriptions: HS heading 1504.
Average import price per kg
The average declared value was about $2.76 per kg, 36% below the world average of $4.30, 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 fish and marine oil imports (HS 1504): 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 1504: Fats and oils and their fractions of fish or marine mammals; whether or not refined, but not chemically modified.
Common questions
What is the value of fish and marine oil imported by Nigeria?
Nigeria imported fish and marine oil worth $2.7 million in 2024, the latest year with complete public data, about 974 tonnes. That ranks it 58th of 172 countries worldwide, with 0% of world imports. The value was down 71% on 2023.
Which countries supply fish and marine oil to Nigeria?
The United Kingdom was the largest supplier with 37% of the value ($984 thousand), followed by Germany (21%) and India (16%). The top three together account for 73%, out of 10 supplier countries in total. Belgium grew fastest among the top ten, up 260% on the year.
What is the average import price of fish and marine oil per kg?
The average declared import value was about $2.76 per kg in 2024, 36% below the world average of $4.30 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have imports of fish and marine oil to Nigeria changed since 2017?
Imports went from $255 thousand in 2017 to $2.7 million in 2024, an increase of 955%. The peak was 2023 at $9.2 million. Over 8 years the average was $3.0 million a year.
What is the HS code for fish and marine oil?
The HS code for fish and marine oil is heading 1504. In Nigeria the largest six-digit codes were 1504.20 (92% of the value) and 1504.30 (5%).
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.
Same product, other countries
World fish and marine oil trade: top importers and exporters
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