Specialty metal ore exports from Nigeria: data, top buyers and prices
Exports of specialty metal ore by Nigeria reached $17.5 million in 2024 (7.2 thousand tonnes). That makes it the 7th largest exporter of this product worldwide, out of 72 countries. Value fell 44% from 2023. Over 2017-2024 it shrank by about 19% a year on average. The peak in this period was 2018, at $92.5 million.
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 | $17.5M | 7.2K t |
| 2023 | $31.2M | 7.7K t |
| 2022 | $26.2M | 5.4K t |
| 2021 | $71.7M | 6.2K t |
| 2020 | $51.3M | 5.2K t |
| 2019 | $67.8M | 5.9K t |
| 2018 | $92.5M | 5.7K t |
| 2017 | $74.6M | 6.0K t |
Where Nigeria exports specialty metal ore to
The largest buyer markets were Malaysia (44%), Hong Kong (36%), China (14%).
| Destination | Value | Share |
|---|---|---|
| Malaysia | $7.7M | 44% |
| Hong Kong | $6.4M | 36% |
| China | $2.4M | 14% |
| Brazil | $945K | 5.4% |
| Netherlands | $0K | 0% |
Average export price per kg
The average declared value was about $2.41 per kg, 36% below the world average of $3.74, 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 specialty metal ore exports (HS 2615.90): 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 2615.90: Niobium, tantalum, vanadium ores and concentrates.
Common questions
What is the value of specialty metal ore exported by Nigeria?
Nigeria exported specialty metal ore worth $17.5 million in 2024, the latest year with complete public data, about 7.2 thousand tonnes. That ranks it 7th of 72 countries worldwide, with 4% of world exports. The value was down 44% on 2023.
Which countries buy specialty metal ore from Nigeria?
Malaysia was the largest buyer with 44% of the value ($7.7 million), followed by Hong Kong (36%) and China (14%). The top three together account for 95%, out of 5 buyer countries in total.
What is the average export price of specialty metal ore per kg?
The average declared export value was about $2.41 per kg in 2024, 36% below the world average of $3.74 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have exports of specialty metal ore from Nigeria changed since 2017?
Exports went from $74.6 million in 2017 to $17.5 million in 2024, a fall of 77%. The peak was 2018 at $92.5 million. Over 8 years the average was $54.1 million a year.
What is the HS code for specialty metal ore?
The HS code for specialty metal ore is subheading 2615.90. It sits in HS chapter 26 (ores, slag and ash). The full list of codes and descriptions is on the HS 2615 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
World specialty metal ore trade: top importers and exporters
More trade data for Nigeria
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