Stainless steel strips imports in Nigeria: data, top suppliers and prices
In 2024, Nigeria imported stainless steel strips worth $2.5 million (1.9 thousand tonnes). That is 15% less than in 2023. Over 2017-2024 the trade grew strongly, by about 27% a year on average. The peak in this period was 2022, at $5.0 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 | $2.5M | 1.9K t |
| 2023 | $3.0M | 978 t |
| 2022 | $5.0M | 1.1K t |
| 2021 | $2.1M | 843 t |
| 2020 | $3.4M | 1.3K t |
| 2019 | $2.1M | 945 t |
| 2018 | $1.1M | 362 t |
| 2017 | $482K | 204 t |
Where Nigeria imports stainless steel strips from
Most of the value came from China (45%), United Kingdom (29%), Spain (12%). Among the main suppliers, Netherlands grew fastest (+524% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| China | $1.1M | 45% |
| United Kingdom | $727K | 29% |
| Spain | $302K | 12% |
| Netherlands | $117K | 4.6% |
| Italy | $100K | 4% |
| Belgium | $62K | 2.5% |
| India | $25K | 1% |
| Morocco | $18K | 0.7% |
| United States | $12K | 0.5% |
| United Arab Emirates | $10K | 0.4% |
Product types under HS 7220
| 7220.20 | Steel, stainless: flat-rolled, width less than 600mm, cold-rolled | 75% |
| 7220.90 | Stainless strip (other processing) | 23% |
| 7220.12 | Thin stainless strip | 2% |
| 7220.11 | Thick stainless strip | 0.5% |
Codes and full descriptions: HS heading 7220.
Average import price per kg
The average declared value was about $1.30 per kg, 66% below the world average of $3.81, 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 stainless steel strips imports (HS 7220): 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 7220: Stainless steel; flat-rolled products of width less than 600mm.
Common questions
What is the value of stainless steel strips imported by Nigeria?
Nigeria imported stainless steel strips worth $2.5 million in 2024, the latest year with complete public data, about 1.9 thousand tonnes. That ranks it 70th of 201 countries worldwide, with 0% of world imports. The value was down 15% on 2023.
Which countries supply stainless steel strips to Nigeria?
China was the largest supplier with 45% of the value ($1.1 million), followed by the United Kingdom (29%) and Spain (12%). The top three together account for 86%, out of 19 supplier countries in total. The Netherlands grew fastest among the top ten, up 524% on the year.
What is the average import price of stainless steel strips per kg?
The average declared import value was about $1.30 per kg in 2024, 66% below the world average of $3.81 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have imports of stainless steel strips to Nigeria changed since 2017?
Imports went from $482 thousand in 2017 to $2.5 million in 2024, an increase of 422%. The peak was 2022 at $5.0 million. Over 8 years the average was $2.5 million a year.
What is the HS code for stainless steel strips?
The HS code for stainless steel strips is heading 7220. In Nigeria the largest six-digit codes were 7220.20 (75% of the value) and 7220.90 (23%).
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 stainless steel strips trade: top importers and exporters
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