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Steel semi-finished products imports in Nigeria: data, top suppliers and prices

Nigeria imported $10.7 million of steel semi-finished products in 2024 (20.6 thousand tonnes). That is 1447% more than in 2023. Over 2017-2024 the trade grew strongly, by about 43% a year on average. The peak in this period was 2020, at $59.7 million.

Annual imports
$10.7M
+1447% on prior year
Quantity
20.6K t
~$0.52 per kg
World rank
73rd
of 187 countries
Supplier countries
7
0% of world imports
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Public statistics, latest complete year (2024). Values in US dollars. Page updated .

Imports by year, 2017-2024

$0K$14.9M$29.9M$44.8M$59.7M20172018201920202021202220232024

Hover or tap a year for detail.

Year by year

YearValueQuantity
2024$10.7M20.6K t
2023$689K691 t
2022$218K109 t
2021$168K24 t
2020$59.7M160.8K t
2019$40.9M100.1K t
2018$919K2.0K t
2017$890K76 t

Where Nigeria imports steel semi-finished products from

One supplier dominates: Indonesia accounted for 96% of the value.

Share by partner country, 2024≥25%10-25%3-10%1-3%<1%
Supplier countryValueShare
Indonesia$10.2M96%
China$324K3%
United Kingdom$89K0.8%
India$14K0.1%
Germany$4K0%
Turkey$0K0%
United Arab Emirates$0K0%

Product types under HS 7207

7207.11Low carbon square steel bloom97%
7207.19Low carbon round steel bloom2.1%
7207.20High carbon steel bloom0.9%
7207.12Low carbon rectangular steel bloom0.4%

Codes and full descriptions: HS heading 7207.

Average import price per kg

The average declared value was about $0.52 per kg, close to the world average of $0.60.

Nigeria
$0.52/kg
World average
$0.60/kg

Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.

Beyond the public totals

Who is behind these numbers in Nigeria?

The shipment records behind Nigeria steel semi-finished products imports (HS 7207): 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.

Nigeria on EximDataX

Direct customs feed: shipment-level records from the official customs source.

About this data

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 7207: Iron or non-alloy steel; semi-finished products thereof.

Straight answers

Common questions

What is the value of steel semi-finished products imported by Nigeria?

Nigeria imported steel semi-finished products worth $10.7 million in 2024, the latest year with complete public data, about 20.6 thousand tonnes. That ranks it 73rd of 187 countries worldwide, with 0% of world imports.

Which countries supply steel semi-finished products to Nigeria?

Indonesia was the largest supplier with 96% of the value ($10.2 million), followed by China (3%) and the United Kingdom (1%). The top three together account for 100%, out of 7 supplier countries in total. Germany grew fastest among the top ten, up 79% on the year.

What is the average import price of steel semi-finished products per kg?

The average declared import value was about $0.52 per kg in 2024, 13% below the world average of $0.60 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.

How have imports of steel semi-finished products to Nigeria changed since 2017?

Imports went from $890 thousand in 2017 to $10.7 million in 2024. The peak was 2020 at $59.7 million. Over 8 years the average was $14.3 million a year.

What is the HS code for steel semi-finished products?

The HS code for steel semi-finished products is heading 7207. In Nigeria the largest six-digit codes were 7207.11 (97% of the value) and 7207.19 (2%).

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.

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