Top Import Products of Nigeria

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10-Apr-2025

Overview

Nigeria
 

As the Nigeria import data reveals, the nation's top import products for 2023 were prominently characterized by:

> Machinery: 20%

> Refined Petroleum: 15%

> Vehicles: 12%

> Pharmaceuticals: 10%

> Electrical Machinery: 9%

> Plastics: 8%

> Iron and Steel: 7%

> Cereals: 6%

> Organic Chemicals: 5%

> Textiles: 3%

These top 10 import items represented a significant 95% of Nigeria's total import value for 2023. When analyzing Nigeria's customs records, it's evident that the fastest-growing import categories were Machinery (USD 10 billion), Refined Petroleum (USD 7.5 billion), and Vehicles (USD 6 billion) showing a robust upward trend. Conversely, the declining sectors in the import landscape included products of the Pharmaceuticals, Electrical Machinery, Plastics, as well as Iron and Steel.

For businesses and market analysts, the subsequent chart offers a deeper dive, showcasing the monetary value and market dynamics of Nigeria’s top 10 import commodities for 2023.

YOY and MOM comparison of growth and share of top Import Products of nigeria

Top Import Products of Nigeria

YOY comparison of growth and share of top Import Products of Nigeria

MOM comparison of growth and share of top Import Products of Nigeria

Import Products of Nigeria
100
1M 3M 6M 1Y 3Y ALL
Top Products 2023 2022 Growth% 2023 Share 2022 Share
Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 8702), Including station wagons and racing cars

HSN Code:  87033320   87033220   87032120  
Importers : Nigeria Importers 101
Nigeria Importers Shipment 635,519 		Value $2,935,883,261.32 $1,538,077,571.7 greenUpArrow 90.88% 1.66%
Shipment 161,266 372,610 redDownArrow -56.72% 7.39%
Parts and accessories of the motor vehicles of headings 8701 to 8705

HSN Code:  87089900   87082900   87081000  
Importers : Nigeria Importers 564
Nigeria Importers Shipment 190,563 		Value $384,183,394.48 $183,601,621.36 greenUpArrow 109.25% 0.22%
Shipment 74,383 58,709 greenUpArrow 26.70% 3.41%


HSN Code:   
Importers : Nigeria Importers 1,919
Nigeria Importers Shipment 170,000 		Value $0 $0 redDownArrow 0% 0.00%
Shipment 63,107 85,244 redDownArrow -25.97% 2.89%
Taps, Cocks, Valves and similar appliances for pipes, Boiler shells, Tanks, Vats or the like, Including pressure-reducing valves and the rmostatically controlled valves

HSN Code:  84818000   84819000   84811000  
Importers : Nigeria Importers 1,224
Nigeria Importers Shipment 122,617 		Value $620,415,510.82 $628,426,146.47 redDownArrow -1.27% 0.35%
Shipment 44,609 46,656 redDownArrow -4.39% 2.04%
Motor vehicles for the transport of goods

HSN Code:  87042120   87043120   87043220  
Importers : Nigeria Importers 21
Nigeria Importers Shipment 121,609 		Value $7,449,500,199.27 $501,184,670.67 greenUpArrow 1386.38% 4.22%
Shipment 48,687 41,399 greenUpArrow 17.60% 2.23%
Telephone sets, Including telephones for cellular networks or for other wireless networks: other apparatus for the transmission or reception of vice, Images or other data, Including apparatus for communication in a wired or wireless network (such as a loc

HSN Code:  85176200   85177900   85171800  
Importers : Nigeria Importers 294
Nigeria Importers Shipment 105,330 		Value $1,025,597,497.54 $815,940,066.68 greenUpArrow 25.70% 0.58%
Shipment 37,636 32,996 greenUpArrow 14.06% 1.72%
Medicaments (excluding goods of heading 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic uses, Put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings

HSN Code:  30049090   30049099   30049000  
Importers : Nigeria Importers 1,035
Nigeria Importers Shipment 99,350 		Value $1,161,776,839.72 $957,031,460.22 greenUpArrow 21.39% 0.66%
Shipment 36,594 36,130 greenUpArrow 1.28% 1.68%
Screws, Bolts, Nuts, Coach-screws, Screw hooks, Rivets, Cotters, Cotter-pins, Washers (including spring washers)and similar articles, Of iron or steel - threaded articles :

HSN Code:  73181500   73182900   73181600  
Importers : Nigeria Importers 868
Nigeria Importers Shipment 93,293 		Value $64,959,419.56 $34,950,829.42 greenUpArrow 85.86% 0.04%
Shipment 36,750 29,981 greenUpArrow 22.58% 1.68%
Centrifuges, Including centrifugal dryers; filtering or purifying machinery and apparatus, For liquids or gases - centrifuges, Including centrifugal dryers:

HSN Code:  84212300   84213990   84213100  
Importers : Nigeria Importers 907
Nigeria Importers Shipment 77,349 		Value $279,532,736.03 $268,787,546.59 greenUpArrow 4.00% 0.16%
Shipment 27,622 27,015 greenUpArrow 2.25% 1.27%
Electrical apparatus for switching or protecting electrical circuits, Or for making connections to or in electrical circuits (for example, Switches, Relays, Fuses, Surge suppressors, Plugs, Sockets, Lamp-holders and other connectors, Junction boxes), For

HSN Code:  85365000   85369000   85362000  
Importers : Nigeria Importers 941
Nigeria Importers Shipment 76,652 		Value $79,795,425.52 $58,669,328.82 greenUpArrow 36.01% 0.05%
Shipment 27,570 26,136 greenUpArrow 5.49% 1.26%
Other articles of vulcanised rubber other than hard rubber

HSN Code:  40169300   40169900   40169330  
Importers : Nigeria Importers 885
Nigeria Importers Shipment 65,154 		Value $35,643,555.76 $32,548,149.3 greenUpArrow 9.51% 0.02%
Shipment 25,212 19,825 greenUpArrow 27.17% 1.15%
Parts suitable for use solely or principally with the machinery of headings 8425 to 8430

HSN Code:  84314900   84313900   84312000  
Importers : Nigeria Importers 554
Nigeria Importers Shipment 64,463 		Value $384,960,810.27 $85,108,708.25 greenUpArrow 352.32% 0.22%
Shipment 27,296 17,424 greenUpArrow 56.66% 1.25%
Transmission shafts (including cam shafts and crank shafts) and cranks; bearing housings and plain shaft bearings; gears and gearing; ball or roller screws; gear boxes and other speed changers, Including torque converters; flywheels and pulleys, Including

HSN Code:  84831000   84833000   84839000  
Importers : Nigeria Importers 668
Nigeria Importers Shipment 61,706 		Value $171,184,676.41 $173,111,146.13 redDownArrow -1.11% 0.10%
Shipment 23,983 20,394 greenUpArrow 17.60% 1.10%
Parts and accessories of vehicles of headings 8711 to 8713

HSN Code:  87141010   87141090   87149990  
Importers : Nigeria Importers 134
Nigeria Importers Shipment 59,690 		Value $45,828,407.39 $43,165,834.49 greenUpArrow 6.17% 0.03%
Shipment 22,480 21,714 greenUpArrow 3.53% 1.03%
Pumps for liquids, Whether or not fitted with a measuring device; liquid elevators - pumps fitted or designed to be fitted with a measuring device:

HSN Code:  84138100   84139190   84137000  
Importers : Nigeria Importers 893
Nigeria Importers Shipment 58,155 		Value $456,179,331.7 $337,031,375.56 greenUpArrow 35.35% 0.26%
Shipment 20,599 19,531 greenUpArrow 5.47% 0.94%

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