Forged and hot-rolled steel bars imports in Nigeria: data, top suppliers and prices
Imports of forged and hot-rolled steel bars by Nigeria reached $17.3 million in 2024 (26.4 thousand tonnes). That is 151% more than in 2023. Over 2017-2024 the trade grew strongly, by about 77% a year on average.
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 | $17.3M | 26.4K t |
| 2023 | $6.9M | 3.7K t |
| 2022 | $11.0M | 9.3K t |
| 2021 | $10.4M | 10.1K t |
| 2020 | $2.0M | 2.2K t |
| 2019 | $2.2M | 3.2K t |
| 2018 | $7.7M | 10.3K t |
| 2017 | $320K | 403 t |
Where Nigeria imports forged and hot-rolled steel bars from
One supplier dominates: China accounted for 82% of the value. Among the main suppliers, Turkey grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| China | $14.1M | 82% |
| Turkey | $2.7M | 16% |
| India | $123K | 0.7% |
| Germany | $89K | 0.5% |
| United States | $38K | 0.2% |
| Brazil | $37K | 0.2% |
| Belgium | $29K | 0.2% |
| Netherlands | $23K | 0.1% |
| France | $15K | 0.1% |
| Lebanon | $14K | 0.1% |
Product types under HS 7214
| 7214.20 | Deformed bar drawn | 74% |
| 7214.10 | Forged steel bar | 19% |
| 7214.99 | Non-rectangular steel bar | 4.9% |
| 7214.91 | Hot-rolled rectangular steel bar | 2.3% |
| 7214.30 | Free-cutting bar drawn | 0.6% |
Codes and full descriptions: HS heading 7214.
Average import price per kg
The average declared value was about $0.65 per kg, close to the world average of $0.67.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Forged and hot-rolled steel bars exports from Nigeria
Nigeria exported $3.1 million of forged and hot-rolled steel bars in 2024 (4.4 thousand tonnes). One buyer market dominates: Niger accounted for 58% of the value. Among the main buyer markets, Niger grew fastest (+153% on the year before).
| Destination | Value | Share |
|---|---|---|
| Niger | $1.8M | 58% |
| Mauritania | $643K | 21% |
| Benin | $621K | 20% |
| United Kingdom | $14K | 0.5% |
| Togo | $4K | 0.1% |
Who is behind these numbers in Nigeria?
The shipment records behind Nigeria forged and hot-rolled steel bars imports (HS 7214): 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 7214: Iron or non-alloy steel; bars and rods, not further worked than forged, hot-rolled, hot drawn or hot-extruded, but including those twisted after rolling.
Common questions
What is the value of forged and hot-rolled steel bars imported by Nigeria?
Nigeria imported forged and hot-rolled steel bars worth $17.3 million in 2024, the latest year with complete public data, about 26.4 thousand tonnes. That ranks it 128th of 221 countries worldwide, with 0% of world imports. The value was up 151% on 2023.
Which countries supply forged and hot-rolled steel bars to Nigeria?
China was the largest supplier with 82% of the value ($14.1 million), followed by Turkey (16%) and India (1%). The top three together account for 98%, out of 17 supplier countries in total. China grew fastest among the top ten, up 122% on the year.
What is the average import price of forged and hot-rolled steel bars per kg?
The average declared import value was about $0.65 per kg in 2024, close to the world average of $0.67 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have imports of forged and hot-rolled steel bars to Nigeria changed since 2017?
Imports went from $320 thousand in 2017 to $17.3 million in 2024. 2024 was the highest year in the period. Over 8 years the average was $7.2 million a year.
Does Nigeria also export forged and hot-rolled steel bars?
Yes. Nigeria exported $3.1 million worth of this product in 2024, mainly to Niger, Mauritania and Benin. On balance Nigeria is a net importer of this product, by about $14.2 million a year.
What is the HS code for forged and hot-rolled steel bars?
The HS code for forged and hot-rolled steel bars is heading 7214. In Nigeria the largest six-digit codes were 7214.20 (74% of the value) and 7214.10 (19%).
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 forged and hot-rolled steel bars trade: top importers and exporters
Forged and hot-rolled steel bars product types in Nigeria
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