Memory chips imports in Nigeria: data, top suppliers and prices
Nigeria imported $2.6 million of memory chips in 2024 (2 tonnes). That is 34% less than in 2023. Over 2017-2024 the trade grew strongly, by about 52% a year on average. The peak in this period was 2023, at $4.0 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 | $2.6M | 2 t |
| 2023 | $4.0M | 335 t |
| 2022 | $1.7M | 236 t |
| 2021 | $59K | 0 t |
| 2020 | $135K | 1 t |
| 2019 | $2.0M | 92 t |
| 2018 | $202K | 1 t |
| 2017 | $140K | 1 t |
Where Nigeria imports memory chips from
China alone supplied 96% of it.
| Supplier country | Value | Share |
|---|---|---|
| China | $2.5M | 96% |
| United Kingdom | $27K | 1% |
| United States | $24K | 0.9% |
| Italy | $23K | 0.9% |
| Netherlands | $9K | 0.3% |
| Germany | $7K | 0.3% |
| Norway | $4K | 0.2% |
| Philippines | $4K | 0.1% |
| Denmark | $3K | 0.1% |
| Switzerland | $3K | 0.1% |
Average import price per kg
The average declared value was about $1,194.91 per kg, 78% below the world average of $5,353.00, 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.
Who is behind these numbers in Nigeria?
The shipment records behind Nigeria memory chips imports (HS 8542.32): 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 8542.32: Electronic integrated circuits: memories.
Common questions
What is the value of memory chips imported by Nigeria?
Nigeria imported memory chips worth $2.6 million in 2024, the latest year with complete public data, about 2 tonnes. That ranks it 66th of 198 countries worldwide. The value was down 34% on 2023.
Which countries supply memory chips to Nigeria?
China was the largest supplier with 96% of the value ($2.5 million), followed by the United Kingdom (1%) and the United States (1%). The top three together account for 98%, out of 23 supplier countries in total. The Netherlands grew fastest among the top ten, up 24% on the year.
What is the average import price of memory chips per kg?
The average declared import value was about $1,194.91 per kg in 2024, 78% below the world average of $5,353.00 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have imports of memory chips to Nigeria changed since 2017?
Imports went from $140 thousand in 2017 to $2.6 million in 2024. The peak was 2023 at $4.0 million. Over 8 years the average was $1.4 million a year.
What is the HS code for memory chips?
The HS code for memory chips is subheading 8542.32. It sits in HS chapter 85 (electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles). The full list of codes and descriptions is on the HS 8542 page.
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.
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