Tool bits imports in Nigeria: data, top suppliers and prices
Imports of tool bits by Nigeria reached $30.0 million in 2024 (2.0 thousand tonnes). That is 34% more than in 2023. Over 2017-2024 the trade grew strongly, by about 18% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $30.0M | 2.0K t |
| 2023 | $22.5M | 1.6K t |
| 2022 | $21.4M | 1.6K t |
| 2021 | $15.0M | 1.6K t |
| 2020 | $12.6M | 1.0K t |
| 2019 | $18.2M | 1.1K t |
| 2018 | $14.0M | 2.2K t |
| 2017 | $9.4M | 626 t |
Where Nigeria imports tool bits from
The largest suppliers were China (32%), United Arab Emirates (14%), United States (11%). Among the main suppliers, Singapore grew fastest (+585% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| China | $9.6M | 32% |
| United Arab Emirates | $4.2M | 14% |
| United States | $3.3M | 11% |
| Singapore | $3.3M | 11% |
| India | $2.6M | 8.8% |
| Italy | $955K | 3.2% |
| United Kingdom | $852K | 2.8% |
| Germany | $739K | 2.5% |
| Malaysia | $547K | 1.8% |
| Mexico | $537K | 1.8% |
Product types under HS 8207
| 8207.50 | Drill bits | 36% |
| 8207.19 | Rock drill bits (non-cermet) | 28% |
| 8207.30 | Stamping dies | 12% |
| 8207.90 | Screwdriver bits | 9.3% |
| 8207.13 | Rock drill bits | 5.7% |
| 8207.20 | Drawing dies | 3.5% |
| 8207.70 | Milling cutters | 2.4% |
| 8207.80 | Turning tools | 1.5% |
Codes and full descriptions: HS heading 8207.
Average import price per kg
The average declared value was about $14.92 per kg, 33% below the world average of $22.24, 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.
Tool bits exports from Nigeria
Nigeria exported $236 thousand of tool bits in 2024 (26 tonnes). The largest buyer markets were Malaysia (44%), United Kingdom (12%), Cote d'Ivoire (9%). Among the main buyer markets, United States grew fastest (+225% on the year before).
| Destination | Value | Share |
|---|---|---|
| Malaysia | $104K | 44% |
| United Kingdom | $29K | 12% |
| Cote d'Ivoire | $22K | 9.5% |
| Ghana | $22K | 9.3% |
| United States | $17K | 7% |
| Italy | $9K | 3.9% |
| Republic of the Congo | $7K | 3.1% |
| Netherlands | $7K | 2.8% |
| Philippines | $5K | 1.9% |
| Angola | $5K | 1.9% |
Who is behind these numbers in Nigeria?
The shipment records behind Nigeria tool bits imports (HS 8207): 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 8207: Tools, interchangeable; for hand tools, whether or not power-operated, or for machine tools (pressing, stamping, punching, drilling etc), including dies for drawing or extruding metal, and rock drilling or earth boring tools.
Common questions
What is the value of tool bits imported by Nigeria?
Nigeria imported tool bits worth $30.0 million in 2024, the latest year with complete public data, about 2.0 thousand tonnes. That ranks it 68th of 222 countries worldwide, with 0% of world imports. The value was up 34% on 2023.
Which countries supply tool bits to Nigeria?
China was the largest supplier with 32% of the value ($9.6 million), followed by the United Arab Emirates (14%) and the United States (11%). The top three together account for 57%, out of 58 supplier countries in total. Singapore grew fastest among the top ten, up 585% on the year.
What is the average import price of tool bits per kg?
The average declared import value was about $14.92 per kg in 2024, 33% below the world average of $22.24 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have imports of tool bits to Nigeria changed since 2017?
Imports went from $9.4 million in 2017 to $30.0 million in 2024, an increase of 220%. 2024 was the highest year in the period. Over 8 years the average was $17.9 million a year.
Does Nigeria also export tool bits?
Yes. Nigeria exported $236 thousand worth of this product in 2024, mainly to Malaysia, the United Kingdom and Cote d'Ivoire. On balance Nigeria is a net importer of this product, by about $29.8 million a year.
What is the HS code for tool bits?
The HS code for tool bits is heading 8207. In Nigeria the largest six-digit codes were 8207.50 (36% of the value) and 8207.19 (28%).
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
Tool bits product types in Nigeria
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