The value of exports of commodity group 7307 "Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel" from Nigeria totalled $ 439 thousand in 2023. (cumulative exports of commodity group 7307 from Nigeria amounted $ in 2022)
Exports of commodity group 7307 amounted to 3.35% of total sales of group "" from Nigeria in 2023 (the value of exports of commodity group from Nigeria amounted to $13 million in 2023).
Where does Nigeria export Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel?
Top export destinations of "Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel" from Nigeria in 2023:
- France with a share of 82% (361 thousand US$)
- United Kingdom with a share of 8.01% (35 thousand US$)
- Benin with a share of 3.42% (15 thousand US$)
- Côte d`Ivoire with a share of 2.83% (12.4 thousand US$)
- Angola with a share of 2.43% (10.7 thousand US$)
- USA with a share of 1.01% (4.44 thousand US$)
- Mauritius - 103 US$
Exports structure of 7307 - Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel - from Nigeria in 2023 represented by the following main commodity groups:
- 93% (411 thousand US$): 730729 - Tube/pipe fittings of stainless steel (excl. of 7307.2)
- 2.85% (12.5 thousand US$): 730799 - Tube/pipe fittings of iron/steel (excl. cast iron/stainless steel; excl. of 7307.91-7307.93)
- 2.43% (10.7 thousand US$): 730791 - Flanges of iron/steel (excl. of cast iron/stainless steel)
- 1.01% (4.44 thousand US$): 730719 - Cast tube/pipe fittings (e.g., couplings, elbows, sleeves) of iron (excl. non-malleable cast iron)/steel
- 0% (4.05 US$): 730792 - Threaded elbows, bends & sleeves of iron/steel (excl. of cast iron/stainless steel)
The value of imports of commodity group 7307 "Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel" to Nigeria totalled $ 71 million in 2023. Sales of commodity group 7307 to Nigeria decreased by 11.2% in value terms compared to 2022. imports of commodity group 7307 "Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel" decreased by $ 9.01 million (the value of imports of commodity group 7307 to Nigeria was equal to $80 million in 2022)
Imports of commodity group 7307 "Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel" accounted for 0.109% of total import flow to Nigeria (in 2023, total imports to Nigeria amounted to $ 65 billion). The share of commodity group 7307 in total imports to Nigeria decreased by 0.022 p.p. compared to 2022 (it was 0.132% in 2022 and cumulative imports to Nigeria were equal to $ 60 billion).
Imports of commodity group 7307 reached 8.33% of total imports of group "" to Nigeria in 2023 (imports of commodity group to Nigeria totalled $857 million in 2023). The share of purchases of commodity group 7307 in total imports of commodity group to Nigeria increased by 0.177 p.p. compared to 2022 (it was 8.15% in 2022, and imports of commodity group to Nigeria accounted for $986 million).
Where does Nigeria import Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel from?
Top trading partners (import of "Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel") of Nigeria in 2023:
- China with a share of 39% (27 million US$)
- Italy with a share of 12.2% (8.78 million US$)
- France with a share of 10.7% (7.71 million US$)
- USA with a share of 9.02% (6.44 million US$)
- Korea with a share of 3.55% (2.54 million US$)
- Singapore with a share of 3.45% (2.47 million US$)
- Norway with a share of 3.37% (2.4 million US$)
- India with a share of 3.33% (2.38 million US$)
- Netherlands with a share of 2.72% (1.94 million US$)
- Austria with a share of 1.86% (1.32 million US$)
Imports structure of 7307 - Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel - to Nigeria in 2023 represented by the following main commodity groups:
- 35% (25 million US$): 730799 - Tube/pipe fittings of iron/steel (excl. cast iron/stainless steel; excl. of 7307.91-7307.93)
- 12.3% (8.84 million US$): 730791 - Flanges of iron/steel (excl. of cast iron/stainless steel)
- 10.3% (7.38 million US$): 730723 - Butt welding fittings of stainless steel
- 9.79% (6.99 million US$): 730793 - Butt welding fittings of iron/steel (excl. of cast iron/stainless steel)
- 8.4% (6 million US$): 730711 - Cast tube/pipe fittings (e.g., couplings, elbows, sleeves) of non-malleable cast iron
- 6.75% (4.82 million US$): 730792 - Threaded elbows, bends & sleeves of iron/steel (excl. of cast iron/stainless steel)
- 6.45% (4.61 million US$): 730729 - Tube/pipe fittings of stainless steel (excl. of 7307.2)
- 5.29% (3.77 million US$): 730721 - Flanges of stainless steel
- 3.65% (2.61 million US$): 730722 - Threaded elbows, bends & sleeves of stainless steel
- 1.55% (1.11 million US$): 730719 - Cast tube/pipe fittings (e.g., couplings, elbows, sleeves) of iron (excl. non-malleable cast iron)/steel