Storage media imports in Nigeria: data, top suppliers and prices
Nigeria imported $44.2 million of storage media in 2024 (551 tonnes). That is 73% less than in 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2023, at $163.1 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 | $44.2M | 551 t |
| 2023 | $163.1M | 66.8K t |
| 2022 | $44.7M | 2.5K t |
| 2021 | $39.5M | 1.1K t |
| 2020 | $46.2M | 1.6K t |
| 2019 | $43.3M | 1.4K t |
| 2018 | $49.5M | 1.9K t |
| 2017 | $50.2M | 2.7K t |
Where Nigeria imports storage media from
China alone supplied 83% of it.
| Supplier country | Value | Share |
|---|---|---|
| China | $36.6M | 83% |
| Bahrain | $2.0M | 4.4% |
| India | $881K | 2% |
| United Kingdom | $727K | 1.7% |
| Germany | $604K | 1.4% |
| United States | $503K | 1.1% |
| Lebanon | $422K | 1% |
| France | $415K | 0.9% |
| Israel | $414K | 0.9% |
| Netherlands | $179K | 0.4% |
Product types under HS 8523
| 8523.51 | Solid-state storage devices | 54% |
| 8523.52 | Smart cards | 28% |
| 8523.49 | Recorded optical discs | 7% |
| 8523.80 | Storage media (other) | 5.9% |
| 8523.41 | Blank optical discs | 1.9% |
| 8523.29 | Magnetic tape media | 1.7% |
| 8523.59 | Semiconductor storage media (other) | 0.6% |
| 8523.21 | Magnetic stripe cards | 0.6% |
Codes and full descriptions: HS heading 8523.
Average import price per kg
The average declared value was about $80.11 per kg, 58% below the world average of $190.33, 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.
Storage media exports from Nigeria
In 2024, Nigeria exported storage media worth $488 thousand (3 tonnes). The largest buyer markets were Uganda (50%), Zambia (16%), Mozambique (8%). Among the main buyer markets, South Korea grew fastest (+556% on the year before).
| Destination | Value | Share |
|---|---|---|
| Uganda | $244K | 50% |
| Zambia | $80K | 16% |
| Mozambique | $37K | 7.6% |
| Kenya | $33K | 6.8% |
| Burkina Faso | $23K | 4.7% |
| South Korea | $15K | 3% |
| Netherlands | $13K | 2.7% |
| United States | $10K | 2.1% |
| China | $8K | 1.6% |
| Germany | $6K | 1.2% |
Who is behind these numbers in Nigeria?
The shipment records behind Nigeria storage media imports (HS 8523): 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 8523: Discs, tapes, solid-state non-volatile storage devices, smart cards and other media for the recording of sound or of other phenomena, whether or not recorded, including matrices and masters for the production of discs, excluding products of Chapter 37.
Common questions
What is the value of storage media imported by Nigeria?
Nigeria imported storage media worth $44.2 million in 2024, the latest year with complete public data, about 551 tonnes. That ranks it 69th of 222 countries worldwide, with 0% of world imports. The value was down 73% on 2023.
Which countries supply storage media to Nigeria?
China was the largest supplier with 83% of the value ($36.6 million), followed by Bahrain (4%) and India (2%). The top three together account for 89%, out of 58 supplier countries in total. The United Kingdom grew fastest among the top ten, up 63% on the year.
What is the average import price of storage media per kg?
The average declared import value was about $80.11 per kg in 2024, 58% below the world average of $190.33 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have imports of storage media to Nigeria changed since 2017?
Imports went from $50.2 million in 2017 to $44.2 million in 2024, a fall of 12%. The peak was 2023 at $163.1 million. Over 8 years the average was $60.1 million a year.
Does Nigeria also export storage media?
Yes. Nigeria exported $488 thousand worth of this product in 2024, mainly to Uganda, Zambia and Mozambique. On balance Nigeria is a net importer of this product, by about $43.7 million a year.
What is the HS code for storage media?
The HS code for storage media is heading 8523. In Nigeria the largest six-digit codes were 8523.51 (54% of the value) and 8523.52 (28%).
How can I find the companies behind this trade?
Shipment-level records for Nigeria reach EximDataX from a direct customs feed, with company names, dates and declared values. We can show them for your product on a short call.
Same product, other countries
Storage media product types in Nigeria
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