Oil transformers small imports in Nigeria: data, top suppliers and prices
In 2024, Nigeria imported oil transformers small worth $21.8 million (5.1 thousand tonnes). Its share of world imports was 1%. That is 49% less than in 2023. Over 2017-2024 the trade grew strongly, by about 12% a year on average. The peak in this period was 2023, at $43.1 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 | $21.8M | 5.1K t |
| 2023 | $43.1M | 7.5K t |
| 2022 | $28.3M | 5.9K t |
| 2021 | $14.1M | 4.3K t |
| 2020 | $10.4M | 3.4K t |
| 2019 | $12.1M | 3.6K t |
| 2018 | $16.2M | 4.5K t |
| 2017 | $9.9M | 2.9K t |
Where Nigeria imports oil transformers small from
Turkey alone supplied 55% of it. Among the main suppliers, India grew fastest (+169% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Turkey | $12.0M | 55% |
| China | $5.3M | 24% |
| India | $3.4M | 16% |
| Finland | $199K | 0.9% |
| Germany | $195K | 0.9% |
| France | $191K | 0.9% |
| Lebanon | $116K | 0.5% |
| Egypt | $98K | 0.5% |
| Poland | $92K | 0.4% |
| United States | $79K | 0.4% |
Average import price per kg
The average declared value was about $4.25 per kg, 46% below the world average of $7.84, 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 transformers small imports (HS 8504.21): 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 8504.21: Electrical transformers: liquid dielectric, having a power handling capacity not exceeding 650kVA.
Common questions
What is the value of oil transformers small imported by Nigeria?
Nigeria imported oil transformers small worth $21.8 million in 2024, the latest year with complete public data, about 5.1 thousand tonnes. That ranks it 26th of 207 countries worldwide, with 1% of world imports. The value was down 49% on 2023.
Which countries supply oil transformers small to Nigeria?
Turkey was the largest supplier with 55% of the value ($12.0 million), followed by China (24%) and India (16%). The top three together account for 95%, out of 20 supplier countries in total. France grew fastest among the top ten, up 249% on the year.
What is the average import price of oil transformers small per kg?
The average declared import value was about $4.25 per kg in 2024, 46% below the world average of $7.84 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 small to Nigeria changed since 2017?
Imports went from $9.9 million in 2017 to $21.8 million in 2024, an increase of 120%. The peak was 2023 at $43.1 million. Over 8 years the average was $19.5 million a year.
What is the HS code for oil transformers small?
The HS code for oil transformers small is subheading 8504.21. 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?
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 transformers small trade: top importers and exporters
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