Natural rubber exports from Nigeria: data, top buyers and prices
Exports of natural rubber by Nigeria reached $81.3 million in 2024 (45.3 thousand tonnes). That is 32% more than in 2023. Across 2017-2024 the long-run trend was broadly stable.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $81.3M | 45.3K t |
| 2023 | $61.5M | 40.3K t |
| 2022 | $84.9M | 91.0K t |
| 2021 | $77.3M | 43.6K t |
| 2020 | $47.2M | 32.9K t |
| 2019 | $62.9M | 42.5K t |
| 2018 | $63.8M | 40.5K t |
| 2017 | $78.6M | 42.4K t |
Where Nigeria exports natural rubber to
Most of it went to United States (14%), Spain (13%), Italy (12%). Trade is spread widely: the top three buyer markets together make up only 39%. Among the main buyer markets, United States grew fastest (+971% on the year before).
| Destination | Value | Share |
|---|---|---|
| United States | $11.7M | 14% |
| Spain | $10.6M | 13% |
| Italy | $9.6M | 12% |
| South Africa | $7.9M | 9.7% |
| India | $7.8M | 9.6% |
| Malaysia | $7.1M | 8.7% |
| Poland | $5.3M | 6.6% |
| France | $5.3M | 6.5% |
| China | $4.0M | 4.9% |
| Romania | $2.4M | 3% |
Product types under HS 4001
| 4001.22 | Technically specified natural rubber | 84% |
| 4001.21 | Smoked rubber sheets | 12% |
| 4001.29 | Natural rubber (other forms) | 3.7% |
| 4001.10 | Natural rubber latex | 0.3% |
Codes and full descriptions: HS heading 4001.
Average export price per kg
The average declared value was about $1.80 per kg, close to the world average of $1.72.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Natural rubber imports to Nigeria
Imports of natural rubber by Nigeria reached $3.7 million in 2024 (3.7 thousand tonnes). One supplier dominates: Cote d'Ivoire accounted for 51% of the value. Among the main suppliers, Egypt grew fastest (+103% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Cote d'Ivoire | $1.9M | 52% |
| China | $812K | 22% |
| Egypt | $573K | 15% |
| Spain | $330K | 8.8% |
| Cameroon | $46K | 1.2% |
| Malaysia | $34K | 0.9% |
| Italy | $6K | 0.2% |
| Germany | $5K | 0.1% |
| Netherlands | $4K | 0.1% |
| United Kingdom | $3K | 0.1% |
Who is behind these numbers in Nigeria?
The shipment records behind Nigeria natural rubber exports (HS 4001): 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 4001: Natural rubber, balata, gutta-percha, guayule, chicle and similar gums; in primary forms or in plates, sheets or strip.
Common questions
What is the value of natural rubber exported by Nigeria?
Nigeria exported natural rubber worth $81.3 million in 2024, the latest year with complete public data, about 45.3 thousand tonnes. That ranks it 16th of 129 countries worldwide, with 0% of world exports. The value was up 32% on 2023.
Which countries buy natural rubber from Nigeria?
The United States was the largest buyer with 14% of the value ($11.7 million), followed by Spain (13%) and Italy (12%). The top three together account for 39%, out of 23 buyer countries in total. The United States grew fastest among the top ten, up 971% on the year.
What is the average export price of natural rubber per kg?
The average declared export value was about $1.80 per kg in 2024, close to the world average of $1.72 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have exports of natural rubber from Nigeria changed since 2017?
Exports went from $78.6 million in 2017 to $81.3 million in 2024, an increase of 3%. The peak was 2022 at $84.9 million. Over 8 years the average was $69.7 million a year.
Does Nigeria also import natural rubber?
Yes. Nigeria imported $3.7 million worth of this product in 2024, mainly from Cote d'Ivoire, China and Egypt. On balance Nigeria is a net exporter of this product, by about $77.6 million a year.
What is the HS code for natural rubber?
The HS code for natural rubber is heading 4001. In Nigeria the largest six-digit codes were 4001.22 (84% of the value) and 4001.21 (12%).
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.
Same product, other countries
Natural rubber product types in Nigeria
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