Lubricating oil additive imports in Nigeria: data, top suppliers and prices
In 2024, Nigeria imported lubricating oil additive worth $36.9 million (10.3 thousand tonnes). That is 20% less than in 2023. Over 2017-2024 it shrank by about 6% a year on average. The peak in this period was 2022, at $75.0 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 | $36.9M | 10.3K t |
| 2023 | $46.2M | 11.6K t |
| 2022 | $75.0M | 20.4K t |
| 2021 | $62.4M | 24.4K t |
| 2020 | $52.8M | 21.1K t |
| 2019 | $39.9M | 15.1K t |
| 2018 | $39.5M | 14.4K t |
| 2017 | $55.1M | 20.0K t |
Where Nigeria imports lubricating oil additive from
Most of the value came from India (25%), Belgium (23%), Italy (21%). Among the main suppliers, China grew fastest (+65% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| India | $9.3M | 25% |
| Belgium | $8.4M | 23% |
| Italy | $7.8M | 21% |
| France | $5.0M | 13% |
| China | $2.7M | 7.4% |
| United States | $2.4M | 6.5% |
| United Arab Emirates | $673K | 1.8% |
| Netherlands | $266K | 0.7% |
| South Africa | $150K | 0.4% |
| Germany | $83K | 0.2% |
Average import price per kg
The average declared value was about $3.60 per kg, close to the world average of $3.90.
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 lubricating oil additive imports (HS 3811.21): 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 3811.21: Lubricating oil additives: containing petroleum oils or oils obtained from bituminous minerals.
Common questions
What is the value of lubricating oil additive imported by Nigeria?
Nigeria imported lubricating oil additive worth $36.9 million in 2024, the latest year with complete public data, about 10.3 thousand tonnes. That ranks it 41st of 198 countries worldwide, with 0% of world imports. The value was down 20% on 2023.
Which countries supply lubricating oil additive to Nigeria?
India was the largest supplier with 25% of the value ($9.3 million), followed by Belgium (23%) and Italy (21%). The top three together account for 69%, out of 16 supplier countries in total. China grew fastest among the top ten, up 65% on the year.
What is the average import price of lubricating oil additive per kg?
The average declared import value was about $3.60 per kg in 2024, 8% below the world average of $3.90 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have imports of lubricating oil additive to Nigeria changed since 2017?
Imports went from $55.1 million in 2017 to $36.9 million in 2024, a fall of 33%. The peak was 2022 at $75.0 million. Over 8 years the average was $51.0 million a year.
What is the HS code for lubricating oil additive?
The HS code for lubricating oil additive is subheading 3811.21. It sits in HS chapter 38 (chemical products n.e.c.). The full list of codes and descriptions is on the HS 3811 page.
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.
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