Hot-rolled steel bars imports in Nigeria: data, top suppliers and prices
Nigeria imported $3.9 million of hot-rolled steel bars in 2024 (7.1 thousand tonnes). Value rose 165% on 2023. Over 2017-2024 the trade grew strongly, by about 28% 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 | $3.9M | 7.1K t |
| 2023 | $1.5M | 1.7K t |
| 2022 | $614K | 534 t |
| 2021 | $699K | 737 t |
| 2020 | $154K | 207 t |
| 2019 | $107K | 116 t |
| 2018 | $356K | 511 t |
| 2017 | $699K | 965 t |
Where Nigeria imports hot-rolled steel bars from
One supplier dominates: China accounted for 100% of the value. Among the main suppliers, China grew fastest (+278% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| China | $3.9M | 100% |
| South Korea | $8K | 0.2% |
| Saudi Arabia | $7K | 0.2% |
| Oman | $2K | 0% |
| Taiwan | $1K | 0% |
| Belgium | $0K | 0% |
| India | $0K | 0% |
Product types under HS 7213
| 7213.91 | Small diameter hot-rolled bar | 80% |
| 7213.10 | Deformed hot-rolled bar | 17% |
| 7213.20 | Free-cutting hot-rolled bar | 1.9% |
| 7213.99 | Large diameter hot-rolled bar | 0.6% |
Codes and full descriptions: HS heading 7213.
Average import price per kg
The average declared value was about $0.55 per kg, close to the world average of $0.66.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Hot-rolled steel bars exports from Nigeria
In 2024, Nigeria exported hot-rolled steel bars worth $2.0 million (3.7 thousand tonnes). One buyer market dominates: Benin accounted for 76% of the value.
| Destination | Value | Share |
|---|---|---|
| Benin | $1.6M | 76% |
| Ghana | $347K | 17% |
| Cote d'Ivoire | $70K | 3.4% |
| Burkina Faso | $54K | 2.6% |
| Niger | $26K | 1.3% |
Who is behind these numbers in Nigeria?
The shipment records behind Nigeria hot-rolled steel bars imports (HS 7213): 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 7213: Iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coils.
Common questions
What is the value of hot-rolled steel bars imported by Nigeria?
Nigeria imported hot-rolled steel bars worth $3.9 million in 2024, the latest year with complete public data, about 7.1 thousand tonnes. That ranks it 126th of 210 countries worldwide, with 0% of world imports. The value was up 165% on 2023.
Which countries supply hot-rolled steel bars to Nigeria?
China was the largest supplier with 100% of the value ($3.9 million), followed by South Korea (0%) and Saudi Arabia (0%). The top three together account for 100%, out of 7 supplier countries in total. China grew fastest among the top ten, up 278% on the year.
What is the average import price of hot-rolled steel bars per kg?
The average declared import value was about $0.55 per kg in 2024, 17% below the world average of $0.66 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have imports of hot-rolled steel bars to Nigeria changed since 2017?
Imports went from $699 thousand in 2017 to $3.9 million in 2024, an increase of 459%. 2024 was the highest year in the period. Over 8 years the average was $1.0 million a year.
Does Nigeria also export hot-rolled steel bars?
Yes. Nigeria exported $2.0 million worth of this product in 2024, mainly to Benin, Ghana and Cote d'Ivoire. On balance Nigeria is a net importer of this product, by about $1.9 million a year.
What is the HS code for hot-rolled steel bars?
The HS code for hot-rolled steel bars is heading 7213. In Nigeria the largest six-digit codes were 7213.91 (80% of the value) and 7213.10 (17%).
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 hot-rolled steel bars trade: top importers and exporters
Hot-rolled steel bars product types in Nigeria
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