Oil transformers medium imports in Nigeria: data, top suppliers and prices
Nigeria imported $18.2 million of oil transformers medium in 2024 (2.9 thousand tonnes). That is 8% more than in 2023. Over 2017-2024 the trade grew strongly, by about 19% a year on average. The peak in this period was 2022, at $24.0 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 | $18.2M | 2.9K t |
| 2023 | $16.9M | 2.4K t |
| 2022 | $24.0M | 3.0K t |
| 2021 | $7.9M | 1.8K t |
| 2020 | $10.5M | 2.3K t |
| 2019 | $13.5M | 2.8K t |
| 2018 | $12.4M | 2.2K t |
| 2017 | $5.3M | 1.2K t |
Where Nigeria imports oil transformers medium from
The largest suppliers were Turkey (49%), China (23%), India (14%). Among the main suppliers, India grew fastest (+36% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Turkey | $8.9M | 49% |
| China | $4.2M | 23% |
| India | $2.5M | 14% |
| United States | $516K | 2.8% |
| Egypt | $437K | 2.4% |
| Croatia | $361K | 2% |
| Spain | $334K | 1.8% |
| South Korea | $236K | 1.3% |
| Malaysia | $219K | 1.2% |
| United Kingdom | $208K | 1.1% |
Average import price per kg
The average declared value was about $6.30 per kg, close to the world average of $7.83.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Oil transformers medium exports from Nigeria
Nigeria exported $3.7 million of oil transformers medium in 2024 (635 tonnes). One buyer market dominates: United Arab Emirates accounted for 93% of the value.
| Destination | Value | Share |
|---|---|---|
| United Arab Emirates | $3.5M | 93% |
| Angola | $271K | 7.3% |
| Benin | $1K | 0% |
Who is behind these numbers in Nigeria?
The shipment records behind Nigeria oil transformers medium imports (HS 8504.22): 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 8504.22: Electrical transformers: liquid dielectric, having a power handling capacity exceeding 650kVA but not exceeding 10,000kVA.
Common questions
What is the value of oil transformers medium imported by Nigeria?
Nigeria imported oil transformers medium worth $18.2 million in 2024, the latest year with complete public data, about 2.9 thousand tonnes. That ranks it 45th of 196 countries worldwide, with 0% of world imports. The value was up 8% on 2023.
Which countries supply oil transformers medium to Nigeria?
Turkey was the largest supplier with 49% of the value ($8.9 million), followed by China (23%) and India (14%). The top three together account for 86%, out of 16 supplier countries in total. India grew fastest among the top ten, up 36% on the year.
What is the average import price of oil transformers medium per kg?
The average declared import value was about $6.30 per kg in 2024, 20% below the world average of $7.83 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have imports of oil transformers medium to Nigeria changed since 2017?
Imports went from $5.3 million in 2017 to $18.2 million in 2024, an increase of 241%. The peak was 2022 at $24.0 million. Over 8 years the average was $13.6 million a year.
Does Nigeria also export oil transformers medium?
Yes. Nigeria exported $3.7 million worth of this product in 2024, mainly to the United Arab Emirates, Angola and Benin. On balance Nigeria is a net importer of this product, by about $14.5 million a year.
What is the HS code for oil transformers medium?
The HS code for oil transformers medium is subheading 8504.22. 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 8504 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.
Same product, other countries
World oil transformers medium trade: top importers and exporters
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