Steel fasteners imports in Nigeria: data, top suppliers and prices
Nigeria imported $59.4 million of steel fasteners in 2024 (27.4 thousand tonnes). That is 19% less than in 2023. Over 2017-2024 the trade grew strongly, by about 9% a year on average. The peak in this period was 2022, at $118.8 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 | $59.4M | 27.4K t |
| 2023 | $73.3M | 26.5K t |
| 2022 | $118.8M | 24.5K t |
| 2021 | $77.3M | 35.2K t |
| 2020 | $97.7M | 26.6K t |
| 2019 | $61.8M | 27.4K t |
| 2018 | $51.6M | 27.1K t |
| 2017 | $31.8M | 16.1K t |
Where Nigeria imports steel fasteners from
China alone supplied 64% of it. Among the main suppliers, United Kingdom grew fastest (+44% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| China | $37.7M | 64% |
| India | $4.9M | 8.3% |
| United Arab Emirates | $2.8M | 4.7% |
| Germany | $2.2M | 3.8% |
| United Kingdom | $2.1M | 3.6% |
| United States | $1.9M | 3.3% |
| Italy | $979K | 1.7% |
| Turkey | $752K | 1.3% |
| Netherlands | $625K | 1.1% |
| South Korea | $467K | 0.8% |
Product types under HS 7318
| 7318.15 | Steel screw and bolt | 60% |
| 7318.14 | Self-tapping screw | 10% |
| 7318.16 | Threaded nuts | 9% |
| 7318.29 | Other non-threaded fasteners | 7.4% |
| 7318.19 | Threaded screws and bolts | 6.8% |
| 7318.22 | Flat washers | 2.7% |
| 7318.24 | Cotter pins | 1.2% |
| 7318.21 | Spring washers | 0.8% |
Codes and full descriptions: HS heading 7318.
Average import price per kg
The average declared value was about $2.17 per kg, 49% below the world average of $4.28, 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.
Steel fasteners exports from Nigeria
In 2024, Nigeria exported steel fasteners worth $296 thousand (466 tonnes). The largest buyer markets were Burkina Faso (29%), United Kingdom (19%), United States (17%). Among the main buyer markets, France grew fastest, more than tenfold on the year before.
| Destination | Value | Share |
|---|---|---|
| Burkina Faso | $85K | 29% |
| United Kingdom | $56K | 19% |
| United States | $49K | 17% |
| Mauritius | $32K | 11% |
| Angola | $12K | 4.1% |
| Singapore | $11K | 3.9% |
| Zimbabwe | $8K | 2.7% |
| Mozambique | $5K | 1.8% |
| Germany | $5K | 1.8% |
| France | $4K | 1.5% |
Who is behind these numbers in Nigeria?
The shipment records behind Nigeria steel fasteners imports (HS 7318): 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 7318: Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter-pins, washers (including spring washers) and similar articles, of iron or steel.
Common questions
What is the value of steel fasteners imported by Nigeria?
Nigeria imported steel fasteners worth $59.4 million in 2024, the latest year with complete public data, about 27.4 thousand tonnes. That ranks it 67th of 224 countries worldwide, with 0% of world imports. The value was down 19% on 2023.
Which countries supply steel fasteners to Nigeria?
China was the largest supplier with 64% of the value ($37.7 million), followed by India (8%) and the United Arab Emirates (5%). The top three together account for 76%, out of 77 supplier countries in total. The United Kingdom grew fastest among the top ten, up 44% on the year.
What is the average import price of steel fasteners per kg?
The average declared import value was about $2.17 per kg in 2024, 49% below the world average of $4.28 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have imports of steel fasteners to Nigeria changed since 2017?
Imports went from $31.8 million in 2017 to $59.4 million in 2024, an increase of 87%. The peak was 2022 at $118.8 million. Over 8 years the average was $71.4 million a year.
Does Nigeria also export steel fasteners?
Yes. Nigeria exported $296 thousand worth of this product in 2024, mainly to Burkina Faso, the United Kingdom and the United States. On balance Nigeria is a net importer of this product, by about $59.1 million a year.
What is the HS code for steel fasteners?
The HS code for steel fasteners is heading 7318. In Nigeria the largest six-digit codes were 7318.15 (60% of the value) and 7318.14 (10%).
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
Steel fasteners product types in Nigeria
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