Precious metal jewelry imports in Nigeria: data, top suppliers and prices
In 2024, Nigeria imported precious metal jewelry worth $21.5 million (112 tonnes). That is 73% less than in 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2021, at $122.6 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 | $21.5M | 112 t |
| 2023 | $78.4M | 193 t |
| 2022 | $70.9M | 52 t |
| 2021 | $122.6M | 25 t |
| 2020 | $77.2M | 8 t |
| 2019 | $97.4M | 14 t |
| 2018 | $71.0M | 16 t |
| 2017 | $17.6M | 61 t |
Where Nigeria imports precious metal jewelry from
Most of the value came from Italy (48%), France (17%), United Kingdom (15%). Among the main suppliers, France grew fastest (+45% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Italy | $10.4M | 48% |
| France | $3.6M | 17% |
| United Kingdom | $3.2M | 15% |
| Turkey | $2.3M | 11% |
| Thailand | $1.2M | 5.4% |
| Switzerland | $402K | 1.9% |
| Germany | $133K | 0.6% |
| China | $101K | 0.5% |
| Lebanon | $80K | 0.4% |
| United States | $62K | 0.3% |
Product types under HS 7113
| 7113.19 | Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof | 76% |
| 7113.20 | Gold or silver plated jewelry | 12% |
| 7113.11 | Silver jewelry and components | 12% |
Codes and full descriptions: HS heading 7113.
Average import price per kg
The average declared value was about $191.85 per kg, 98% below the world average of $10,377.38, 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.
Precious metal jewelry exports from Nigeria
In 2024, Nigeria exported precious metal jewelry worth $238 thousand (1 tonnes). Most of it went to Switzerland (42%), United States (39%), France (6%). Among the main buyer markets, United States grew fastest (+252% on the year before).
| Destination | Value | Share |
|---|---|---|
| Switzerland | $100K | 42% |
| United States | $92K | 39% |
| France | $15K | 6.4% |
| Japan | $8K | 3.2% |
| Canada | $4K | 1.5% |
| Italy | $3K | 1.1% |
| Singapore | $3K | 1.1% |
| Ireland | $2K | 0.8% |
| Netherlands | $2K | 0.8% |
| Thailand | $2K | 0.7% |
Who is behind these numbers in Nigeria?
The shipment records behind Nigeria precious metal jewelry imports (HS 7113): 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 7113: Jewellery articles and parts thereof, of precious metal or of metal clad with precious metal.
Common questions
What is the value of precious metal jewelry imported by Nigeria?
Nigeria imported precious metal jewelry worth $21.5 million in 2024, the latest year with complete public data, about 112 tonnes. That ranks it 89th of 215 countries worldwide, with 0% of world imports. The value was down 73% on 2023.
Which countries supply precious metal jewelry to Nigeria?
Italy was the largest supplier with 48% of the value ($10.4 million), followed by France (17%) and the United Kingdom (15%). The top three together account for 80%, out of 35 supplier countries in total. Switzerland grew fastest among the top ten, up 248% on the year.
What is the average import price of precious metal jewelry per kg?
The average declared import value was about $191.85 per kg in 2024, 98% below the world average of $10,377.38 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have imports of precious metal jewelry to Nigeria changed since 2017?
Imports went from $17.6 million in 2017 to $21.5 million in 2024, an increase of 22%. The peak was 2021 at $122.6 million. Over 8 years the average was $69.6 million a year.
Does Nigeria also export precious metal jewelry?
Yes. Nigeria exported $238 thousand worth of this product in 2024, mainly to Switzerland, the United States and France. On balance Nigeria is a net importer of this product, by about $21.2 million a year.
What is the HS code for precious metal jewelry?
The HS code for precious metal jewelry is heading 7113. In Nigeria the largest six-digit codes were 7113.19 (76% of the value) and 7113.20 (12%).
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 precious metal jewelry trade: top importers and exporters
Precious metal jewelry product types in Nigeria
More trade data for Nigeria
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