Oil extraction and pressing machinery imports in Nigeria: data, top suppliers and prices
Nigeria imported $35.4 million of oil extraction and pressing machinery in 2024 (3.4 thousand tonnes). That makes it the 5th largest importer of this product worldwide, out of 192 countries. Value fell 15% from 2023. Over 2017-2024 the trade grew strongly, by about 22% a year on average.
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 | $35.4M | 3.4K t |
| 2023 | $41.7M | 3.7K t |
| 2022 | $39.5M | 2.5K t |
| 2021 | $28.0M | 1.7K t |
| 2020 | $13.0M | 1.0K t |
| 2019 | $14.8M | 1.4K t |
| 2018 | $14.5M | 563 t |
| 2017 | $8.8M | 388 t |
Where Nigeria imports oil extraction and pressing machinery from
India alone supplied 53% of it. Among the main suppliers, India grew fastest (+39% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| India | $18.8M | 53% |
| Malaysia | $6.5M | 18% |
| China | $5.7M | 16% |
| Belgium | $1.9M | 5.5% |
| United Arab Emirates | $886K | 2.5% |
| Italy | $666K | 1.9% |
| Germany | $424K | 1.2% |
| France | $150K | 0.4% |
| South Korea | $89K | 0.3% |
| Denmark | $85K | 0.2% |
Average import price per kg
The average declared value was about $10.36 per kg, 26% below the world average of $13.95, 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 oil extraction and pressing machinery imports (HS 8479.20): 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 8479.20: Machinery: for the extraction or preparation of animal or fixed vegetable fats or oils.
Common questions
What is the value of oil extraction and pressing machinery imported by Nigeria?
Nigeria imported oil extraction and pressing machinery worth $35.4 million in 2024, the latest year with complete public data, about 3.4 thousand tonnes. That ranks it 5th of 192 countries worldwide, with 3% of world imports. The value was down 15% on 2023.
Which countries supply oil extraction and pressing machinery to Nigeria?
India was the largest supplier with 53% of the value ($18.8 million), followed by Malaysia (18%) and China (16%). The top three together account for 88%, out of 20 supplier countries in total. Italy grew fastest among the top ten, up 224% on the year.
What is the average import price of oil extraction and pressing machinery per kg?
The average declared import value was about $10.36 per kg in 2024, 26% below the world average of $13.95 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have imports of oil extraction and pressing machinery to Nigeria changed since 2017?
Imports went from $8.8 million in 2017 to $35.4 million in 2024, an increase of 302%. The peak was 2023 at $41.7 million. Over 8 years the average was $24.5 million a year.
What is the HS code for oil extraction and pressing machinery?
The HS code for oil extraction and pressing machinery is subheading 8479.20. It sits in HS chapter 84 (machinery and mechanical appliances, boilers, nuclear reactors; parts thereof). The full list of codes and descriptions is on the HS 8479 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.
Same product, other countries
World oil extraction and pressing machinery trade: top importers and exporters
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