Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Nigeria | Imports and Exports | World | Copper wire | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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Where does Nigeria export Copper wire.?

Top export destinations of "Copper wire." from Nigeria in 2023:

Exports structure of 7408 - Copper wire. - from Nigeria in 2023 represented by the following main commodity groups:

The value of imports of commodity group 7408 "Copper wire." to Nigeria totalled $ 45 million in 2023. Sales of commodity group 7408 to Nigeria went up by 50% compared to 2022: imports of commodity group 7408 "Copper wire." went up by $ 15 million (the value of imports of commodity group 7408 to Nigeria was equal to $29 million in 2022)

Imports of commodity group 7408 "Copper wire." accounted for 0.069% of total import flow to Nigeria (in 2023, total imports to Nigeria amounted to $ 65 billion). The share of commodity group 7408 in total imports to Nigeria increased by 0.019 p.p. compared to 2022 (it was 0.049% in 2022 and cumulative imports to Nigeria were equal to $ 60 billion).

Imports of commodity group 7408 reached 69% of total imports of group "" to Nigeria in 2023 (imports of commodity group to Nigeria totalled $64 million in 2023). The share of purchases of commodity group 7408 in total imports of commodity group to Nigeria increased by 5.08 p.p. compared to 2022 (it was 64% in 2022, and imports of commodity group to Nigeria accounted for $46 million).

Where does Nigeria import Copper wire. from?

Top trading partners (import of "Copper wire.") of Nigeria in 2023:

  • United Arab Emirates with a share of 67% (30 million US$)
  • Spain with a share of 14.9% (6.72 million US$)
  • Egypt with a share of 12.3% (5.56 million US$)
  • France with a share of 1.72% (777 thousand US$)
  • Belgium with a share of 1.18% (532 thousand US$)
  • Germany with a share of 1.15% (518 thousand US$)
  • China - 121 thousand US$
  • Hong Kong - 114 thousand US$
  • India - 94 thousand US$
  • Poland - 22 thousand US$

Imports structure of 7408 - Copper wire. - to Nigeria in 2023 represented by the following main commodity groups:

  • 98% (44 million US$): 740811 - Copper wire, of ref. copper of which the maximum cross-sectional dim. exceeds 6mm
  • 1.61% (725 thousand US$): 740819 - Copper wire, of ref. copper (excl. of 7408.11)
  • 0.061% (27 thousand US$): 740829 - Wire of copper alloys (excl. of 7408.21 & 7408.22)
  • 0.001% (805 US$): 740821 - Wire of copper-zinc base alloys (brass)

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Nigeria | Imports and Exports | World | Copper wire | Value (US$) and Value Growth, YoY (%) | 2012 - 2023