Renewable energy generator sets imports in Nigeria: data, top suppliers and prices
In 2024, Nigeria imported renewable energy generator sets worth $116.3 million (5.3 thousand tonnes). That makes it the 6th largest importer of this product worldwide, out of 205 countries. Value rose 36% on 2023. Over 2017-2024 the trade grew strongly, by about 30% 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 | $116.3M | 5.3K t |
| 2023 | $85.6M | 4.6K t |
| 2022 | $62.1M | 2.4K t |
| 2021 | $26.6M | 3.5K t |
| 2020 | $31.0M | 3.8K t |
| 2019 | $19.5M | 828 t |
| 2018 | $5.5M | 1.3K t |
| 2017 | $18.1M | 696 t |
Where Nigeria imports renewable energy generator sets from
The largest suppliers were South Korea (38%), China (26%), Austria (12%). Among the main suppliers, Netherlands grew fastest (+469% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| South Korea | $44.4M | 38% |
| China | $29.9M | 26% |
| Austria | $14.4M | 12% |
| Kenya | $5.5M | 4.7% |
| India | $4.0M | 3.4% |
| United Kingdom | $3.1M | 2.7% |
| United States | $2.8M | 2.4% |
| Belgium | $2.4M | 2.1% |
| Netherlands | $2.3M | 2% |
| Germany | $2.0M | 1.7% |
Average import price per kg
The average declared value was about $22.01 per kg, 62% above the world average of $13.59. This usually points to higher-grade or processed goods.
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 renewable energy generator sets imports (HS 8502.39): 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 8502.39: Electric generating sets: (excluding those with spark-ignition or compression-ignition internal combustion piston engines), other than wind powered.
Common questions
What is the value of renewable energy generator sets imported by Nigeria?
Nigeria imported renewable energy generator sets worth $116.3 million in 2024, the latest year with complete public data, about 5.3 thousand tonnes. That ranks it 6th of 205 countries worldwide, with 4% of world imports. The value was up 36% on 2023.
Which countries supply renewable energy generator sets to Nigeria?
South Korea was the largest supplier with 38% of the value ($44.4 million), followed by China (26%) and Austria (12%). The top three together account for 76%, out of 34 supplier countries in total. The Netherlands grew fastest among the top ten, up 469% on the year.
What is the average import price of renewable energy generator sets per kg?
The average declared import value was about $22.01 per kg in 2024, 62% above the world average of $13.59 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have imports of renewable energy generator sets to Nigeria changed since 2017?
Imports went from $18.1 million in 2017 to $116.3 million in 2024, an increase of 543%. 2024 was the highest year in the period. Over 8 years the average was $45.6 million a year.
What is the HS code for renewable energy generator sets?
The HS code for renewable energy generator sets is subheading 8502.39. 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 8502 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 renewable energy generator sets trade: top importers and exporters
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