Niobium ore exports from Nigeria: data, top buyers and prices
Nigeria exported $39.1 million of niobium ore in 2024 (88.5 thousand tonnes). Its share of world exports was 2%. Value fell 6% from 2023. Over 2017-2024 it shrank by about 9% a year on average. The peak in this period was 2018, at $97.7 million.
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 | $39.1M | 88.5K t |
| 2023 | $41.5M | 42.1K t |
| 2022 | $32.3M | 14.0K t |
| 2021 | $74.7M | 11.8K t |
| 2020 | $53.2M | 9.5K t |
| 2019 | $71.2M | 13.4K t |
| 2018 | $97.7M | 17.5K t |
| 2017 | $78.0M | 15.4K t |
Where Nigeria exports niobium ore to
One buyer market dominates: China accounted for 61% of the value.
| Destination | Value | Share |
|---|---|---|
| China | $24.0M | 61% |
| Malaysia | $7.7M | 20% |
| Hong Kong | $6.4M | 16% |
| Brazil | $945K | 2.4% |
| Vietnam | $16K | 0% |
| India | $14K | 0% |
| Indonesia | $0K | 0% |
| Netherlands | $0K | 0% |
Product types under HS 2615
| 2615.10 | Zirconium ore | 55% |
| 2615.90 | Specialty metal ore | 45% |
Codes and full descriptions: HS heading 2615.
Average export price per kg
The average declared value was about $0.44 per kg, 66% below the world average of $1.31, 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 niobium ore exports (HS 2615): 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 2615: Niobium, tantalum, vanadium or zirconium ores and concentrates.
Common questions
What is the value of niobium ore exported by Nigeria?
Nigeria exported niobium ore worth $39.1 million in 2024, the latest year with complete public data, about 88.5 thousand tonnes. That ranks it 12th of 93 countries worldwide, with 2% of world exports. The value was down 6% on 2023.
Which countries buy niobium ore from Nigeria?
China was the largest buyer with 61% of the value ($24.0 million), followed by Malaysia (20%) and Hong Kong (16%). The top three together account for 98%, out of 8 buyer countries in total. China grew fastest among the top ten, up 30% on the year.
What is the average export price of niobium ore per kg?
The average declared export value was about $0.44 per kg in 2024, 66% below the world average of $1.31 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have exports of niobium ore from Nigeria changed since 2017?
Exports went from $78.0 million in 2017 to $39.1 million in 2024, a fall of 50%. The peak was 2018 at $97.7 million. Over 8 years the average was $61.0 million a year.
What is the HS code for niobium ore?
The HS code for niobium ore is heading 2615. In Nigeria the largest six-digit codes were 2615.10 (55% of the value) and 2615.90 (45%).
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
Niobium ore product types in Nigeria
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