Ship scrap exports from Nigeria: data, top buyers and prices
Nigeria exported $81.9 million of ship scrap in 2024 (29 tonnes). It ranks 3rd of 78 countries for exports of this product. Value fell 5% from 2023. Over 2020-2024 the trade grew strongly, by about 133% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $81.9M | 29 t |
| 2023 | $85.8M | 3.0K t |
| 2022 | $63.6M | 41 t |
| 2021 | $0K | - |
| 2020 | $2.8M | 0 t |
Where Nigeria exports ship scrap to
One buyer market dominates: Cameroon accounted for 81% of the value. Among the main buyer markets, Cameroon grew fastest (+113% on the year before).
| Destination | Value | Share |
|---|---|---|
| Cameroon | $66.2M | 81% |
| Togo | $11.2M | 14% |
| Spain | $4.5M | 5.5% |
Average export price per kg
The average declared value was about $2,794.47 per kg, 146207% above the world average of $1.91. 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 ship scrap exports (HS 8908): companies, dates, quantities and declared values.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
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 8908: Vessels and other floating structures; for breaking up.
Common questions
What is the value of ship scrap exported by Nigeria?
Nigeria exported ship scrap worth $81.9 million in 2024, the latest year with complete public data, about 29 tonnes. That ranks it 3rd of 78 countries worldwide, with 10% of world exports. The value was down 5% on 2023.
Which countries buy ship scrap from Nigeria?
Cameroon was the largest buyer with 81% of the value ($66.2 million), followed by Togo (14%) and Spain (5%). The top three together account for 100%, out of 3 buyer countries in total. Cameroon grew fastest among the top ten, up 113% on the year.
What is the average export price of ship scrap per kg?
The average declared export value was about $2,794.47 per kg in 2024, 146207% above the world average of $1.91 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have exports of ship scrap from Nigeria changed since 2017?
Exports went from $2.8 million in 2020 to $81.9 million in 2024. The peak was 2023 at $85.8 million. Over 5 years the average was $46.8 million a year.
What is the HS code for ship scrap?
The HS code for ship scrap is heading 8908. In Nigeria all of this trade was declared under the six-digit code 8908.00. It sits in HS chapter 89 (ships, boats and floating structures). The full list of codes and descriptions is on the HS 8908 page.
How can I find the companies behind this trade?
The totals here are public statistics; the company-level detail sits in EximDataX, which has a direct customs feed for Nigeria. Tell us your product to see it live.
Same product, other countries
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