Medicament imports in Nigeria: data, top suppliers and prices
Nigeria imported $14.1 million of medicament in 2024 (1.5 thousand tonnes). Value fell 60% from 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2022, at $37.0 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 | $14.1M | 1.5K t |
| 2023 | $34.8M | 2.4K t |
| 2022 | $37.0M | 2.2K t |
| 2021 | $19.0M | 1.7K t |
| 2020 | $17.3M | 1.5K t |
| 2019 | $18.3M | 1.6K t |
| 2018 | $22.2M | 1.6K t |
| 2017 | $17.1M | 1.5K t |
Where Nigeria imports medicament from
The largest suppliers were Indonesia (42%), India (32%), China (10%). Among the main suppliers, Netherlands grew fastest (+489% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Indonesia | $5.9M | 42% |
| India | $4.5M | 32% |
| China | $1.4M | 9.8% |
| Netherlands | $640K | 4.5% |
| Denmark | $563K | 4% |
| United Kingdom | $337K | 2.4% |
| Germany | $265K | 1.9% |
| Switzerland | $128K | 0.9% |
| Turkey | $86K | 0.6% |
| Belgium | $77K | 0.5% |
Product types under HS 3003
| 3003.39 | Hormone medicaments (bulk) | 43% |
| 3003.90 | Other medicaments (bulk) | 37% |
| 3003.20 | Antibiotic medicaments (bulk) | 7.6% |
| 3003.31 | Medicaments: containing insulin, for therapeutic or prophylactic uses, not packaged for retail sale | 6.3% |
| 3003.10 | Penicillin and streptomycin medicaments (bulk) | 5% |
| 3003.60 | Medicaments: containing antimalarial active principles described in subheading note 2 to this chapter, for therapeutic or prophylactic uses, (not… | 0.7% |
| 3003.49 | Alkaloid medicaments (bulk) | 0.1% |
Codes and full descriptions: HS heading 3003.
Average import price per kg
The average declared value was about $9.41 per kg, 87% below the world average of $72.93, 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.
Medicament exports from Nigeria
Exports of medicament by Nigeria reached $561 thousand in 2024 (61 tonnes). Burkina Faso alone took 57% of it. Among the main buyer markets, Burkina Faso grew fastest (+200% on the year before).
| Destination | Value | Share |
|---|---|---|
| Burkina Faso | $319K | 57% |
| Ghana | $106K | 19% |
| Cote d'Ivoire | $65K | 12% |
| Sierra Leone | $47K | 8.3% |
| Togo | $21K | 3.8% |
| Niger | $3K | 0.5% |
| Canada | $0K | 0% |
| South Africa | $0K | 0% |
| Namibia | $0K | 0% |
| Ireland | $0K | 0% |
Who is behind these numbers in Nigeria?
The shipment records behind Nigeria medicament imports (HS 3003): companies, dates, quantities and declared values.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
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 3003: Medicaments; (not goods of heading no. 3002, 3005 or 3006) of two or more constituents mixed together for therapeutic or prophylactic use not in measured doses or in forms or packings for retail sale.
Common questions
What is the value of medicament imported by Nigeria?
Nigeria imported medicament worth $14.1 million in 2024, the latest year with complete public data, about 1.5 thousand tonnes. That ranks it 62nd of 218 countries worldwide, with 0% of world imports. The value was down 60% on 2023.
Which countries supply medicament to Nigeria?
Indonesia was the largest supplier with 42% of the value ($5.9 million), followed by India (32%) and China (10%). The top three together account for 83%, out of 26 supplier countries in total. The Netherlands grew fastest among the top ten, up 489% on the year.
What is the average import price of medicament per kg?
The average declared import value was about $9.41 per kg in 2024, 87% below the world average of $72.93 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have imports of medicament to Nigeria changed since 2017?
Imports went from $17.1 million in 2017 to $14.1 million in 2024, a fall of 18%. The peak was 2022 at $37.0 million. Over 8 years the average was $22.5 million a year.
Does Nigeria also export medicament?
Yes. Nigeria exported $561 thousand worth of this product in 2024, mainly to Burkina Faso, Ghana and Cote d'Ivoire. On balance Nigeria is a net importer of this product, by about $13.5 million a year.
What is the HS code for medicament?
The HS code for medicament is heading 3003. In Nigeria the largest six-digit codes were 3003.39 (43% of the value) and 3003.90 (37%).
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
Medicament product types in Nigeria
More trade data for Nigeria
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