Nigeria | Imports and Exports | World | Aluminium and articles thereof | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 76 "Aluminum and articles thereof" from Nigeria totalled $ 301 million in 2023. Sales of commodity group 76 from Nigeria went up by 6.81% compared to 2022: exports of commodity group 76 "Aluminum and articles thereof" went up by $ 19.2 million (cumulative exports of commodity group 76 from Nigeria amounted $281 million in 2022)
Exports of commodity group 76 "Aluminum and articles thereof" amounted to 0.462% of total exports from Nigeria (cumulative merchandise exports from Nigeria totalled $ 65 billion in 2023). The share of commodity group 76 in total exports from Nigeria increased by 0.017 p.p. compared to 2022 (it was 0.444% in 2022 and cumulative exports from Nigeria were equal to $ 63 billion).
Where does Nigeria export Aluminum and articles thereof?
Top export destinations of "Aluminum and articles thereof" from Nigeria in 2023:
- Japan with a share of 58% (176 million US$)
- Korea with a share of 8.99% (27 million US$)
- India with a share of 8.38% (25 million US$)
- China with a share of 5.61% (16.8 million US$)
- United Kingdom with a share of 4.47% (13.4 million US$)
- Indonesia with a share of 2.78% (8.37 million US$)
- Togo with a share of 2.54% (7.65 million US$)
- Saudi Arabia with a share of 2.11% (6.38 million US$)
- Malaysia with a share of 1.43% (4.32 million US$)
- Greece - 2.43 million US$
Exports structure of 76 - Aluminum and articles thereof - from Nigeria in 2023 represented by the following main commodity groups:
- 90% (272 million US$): 7601 - Unwrought aluminium
- 4.94% (14.8 million US$): 7602 - Aluminium waste and scrap
- 4.46% (13.4 million US$): 7612 - Aluminium casks, drums, cans, boxes and similar containers (including rigid or collapsible tubular containers), for any material (other than compressed or liquefied gas), of a capacity not exceeding 300 l, whether or not lined or heat-insulated, but not fitted with mechanical or thermal equipment.
- 0.117% (353 thousand US$): 7607 - Aluminium foil (whether or not printed or backed with paper, paperboard, plastics or similar backing materials) of a thickness (excluding any backing) not exceeding 0.2 mm
- 0% (1.48 US$): 7616 - Other articles of aluminium
The value of imports of commodity group 76 "Aluminum and articles thereof" to Nigeria totalled $ 239 million in 2023. Sales of commodity group 76 to Nigeria decreased by 27% in value terms compared to 2022. imports of commodity group 76 "Aluminum and articles thereof" decreased by $ 88 million (the value of imports of commodity group 76 to Nigeria was equal to $327 million in 2022)
Imports of commodity group 76 "Aluminum and articles thereof" accounted for 0.367% of total import flow to Nigeria (in 2023, total imports to Nigeria amounted to $ 65 billion). The share of commodity group 76 in total imports to Nigeria decreased by 0.172 p.p. compared to 2022 (it was 0.54% in 2022 and cumulative imports to Nigeria were equal to $ 60 billion).
Where does Nigeria import Aluminum and articles thereof from?
Top trading partners (import of "Aluminum and articles thereof") of Nigeria in 2023:
- China with a share of 45% (109 million US$)
- Korea with a share of 27% (66 million US$)
- India with a share of 8.23% (19.6 million US$)
- Thailand with a share of 4.04% (9.67 million US$)
- Turkey with a share of 2.96% (7.09 million US$)
- Netherlands with a share of 1.66% (3.99 million US$)
- United Arab Emirates with a share of 1.34% (3.2 million US$)
- Italy with a share of 1.32% (3.17 million US$)
- Singapore with a share of 1.31% (3.14 million US$)
- Germany with a share of 1.27% (3.04 million US$)
Imports structure of 76 - Aluminum and articles thereof - to Nigeria in 2023 represented by the following main commodity groups:
- 49% (117 million US$): 7606 - Aluminium plates, sheets and strip, of a thickness exceeding 0.2 mm
- 17.3% (41 million US$): 7601 - Unwrought aluminium
- 11.2% (26 million US$): 7607 - Aluminium foil (whether or not printed or backed with paper, paperboard, plastics or similar backing materials) of a thickness (excluding any backing) not exceeding 0.2 mm
- 5.21% (12.4 million US$): 7610 - Aluminium structures (excluding prefabricated buildings of heading 94.06) and parts of structures (for example, bridges and bridge-sections, towers, lattice masts, roofs, roofing frameworks, doors and windows and their frames and thresholds for doors, balustrades, pillars and columns); aluminium plates, rods, profiles, tubes and the like, prepared for use in structures
- 4.99% (11.9 million US$): 7615 - Table, kitchen or other household articles and parts thereof, of aluminium; pot scourers and scouring or polishing pads, gloves and the like, of aluminium; sanitary ware and parts thereof, of aluminium
- 3.51% (8.39 million US$): 7614 - Stranded wire, cables, plaited bands and the like, of aluminium, not electrically insulated
- 2.19% (5.25 million US$): 7616 - Other articles of aluminium
- 1.92% (4.61 million US$): 7605 - Aluminium wire
- 1.33% (3.18 million US$): 7608 - Aluminium tubes and pipes
- 1.31% (3.13 million US$): 7604 - Aluminium bars, rods and profiles
