Forged steel bar imports in Nigeria: data, top suppliers and prices
Nigeria imported $3.2 million of forged steel bar in 2024 (5.6 thousand tonnes). Value rose 915% on 2023. Over 2017-2024 the trade grew strongly, by about 156% 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 | $3.2M | 5.6K t |
| 2023 | $317K | 183 t |
| 2022 | $388K | 232 t |
| 2021 | $283K | 209 t |
| 2020 | $263K | 289 t |
| 2019 | $285K | 399 t |
| 2018 | $16K | 12 t |
| 2017 | $5K | 6 t |
Where Nigeria imports forged steel bar from
One supplier dominates: China accounted for 94% of the value. Among the main suppliers, China grew fastest, more than tenfold on the year before.
Average import price per kg
The average declared value was about $0.58 per kg, close to the world average of $0.70.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Forged steel bar exports from Nigeria
Exports of forged steel bar by Nigeria reached $205 thousand in 2024 (280 tonnes). Niger alone took 100% of it.
| Destination | Value | Share |
|---|---|---|
| Niger | $204K | 100% |
| Benin | $0K | 0.1% |
Who is behind these numbers in Nigeria?
The shipment records behind Nigeria forged steel bar imports (HS 7214.10): 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 7214.10: Iron or non-alloy steel: bars and rods, forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling.
Common questions
What is the value of forged steel bar imported by Nigeria?
Nigeria imported forged steel bar worth $3.2 million in 2024, the latest year with complete public data, about 5.6 thousand tonnes. That ranks it 36th of 200 countries worldwide, with 0% of world imports. The value was up 915% on 2023.
Which countries supply forged steel bar to Nigeria?
China was the largest supplier with 94% of the value ($3.0 million), followed by India (2%) and Turkey (2%). The top three together account for 99%, out of 6 supplier countries in total. India grew fastest among the top ten, up 122% on the year.
What is the average import price of forged steel bar per kg?
The average declared import value was about $0.58 per kg in 2024, 17% below the world average of $0.70 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have imports of forged steel bar to Nigeria changed since 2017?
Imports went from $4 thousand in 2017 to $3.2 million in 2024. 2024 was the highest year in the period. Over 8 years the average was $597 thousand a year.
Does Nigeria also export forged steel bar?
Yes. Nigeria exported $205 thousand worth of this product in 2024, mainly to Niger and Benin. On balance Nigeria is a net importer of this product, by about $3.0 million a year.
What is the HS code for forged steel bar?
The HS code for forged steel bar is subheading 7214.10. It sits in HS chapter 72 (iron and steel). The full list of codes and descriptions is on the HS 7214 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
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