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 | Ships derricks; cranes, including cable cranes; mobile lifting frames, straddle carriers and works trucks fitted with a crane | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 8426 "Ships' derricks; cranes, including cable cranes; mobile lifting frames, straddle carriers and works trucks fitted with a crane" from Nigeria totalled $ 1.51 million in 2023. Sales of commodity group 8426 from Nigeria went up by 228% compared to 2022: exports of commodity group 8426 "Ships' derricks; cranes, including cable cranes; mobile lifting frames, straddle carriers and works trucks fitted with a crane" went up by $ 1.05 million (cumulative exports of commodity group 8426 from Nigeria amounted $462 thousand in 2022)

Exports of commodity group 8426 "Ships' derricks; cranes, including cable cranes; mobile lifting frames, straddle carriers and works trucks fitted with a crane" amounted to 0.002% of total exports from Nigeria (cumulative merchandise exports from Nigeria totalled $ 65 billion in 2023). The share of commodity group 8426 in total exports from Nigeria increased by 0.001 p.p. compared to 2022 (it was 0% in 2022 and cumulative exports from Nigeria were equal to $ 63 billion).

Exports of commodity group 8426 amounted to 0.958% of total sales of group "" from Nigeria in 2023 (the value of exports of commodity group from Nigeria amounted to $158 million in 2023). The share of exports of commodity group 8426 in sales of commodity group from Nigeria lowered by 4.3 p.p. compared to 2022 (it was 5.26% in 2022, and exports of commodity group from Nigeria were $8.78 million).

Where does Nigeria export Ships' derricks; cranes, including cable cranes; mobile lifting frames, straddle carriers and works trucks fitted with a crane?

Top export destinations of "Ships' derricks; cranes, including cable cranes; mobile lifting frames, straddle carriers and works trucks fitted with a crane" from Nigeria in 2023:

  • Russia with a share of 54% (834 thousand US$)
  • Iraq with a share of 40% (620 thousand US$)
  • India with a share of 4.27% (64 thousand US$)

Exports structure of 8426 - Ships' derricks; cranes, including cable cranes; mobile lifting frames, straddle carriers and works trucks fitted with a crane - from Nigeria in 2023 represented by the following main commodity groups:

  • 59% (899 thousand US$): 842620 - Tower cranes
  • 40% (620 thousand US$): 842641 - Lifting mach. n.e.s. in 84.26, self-propelled, on tyres

The value of imports of commodity group 8426 "Ships' derricks; cranes, including cable cranes; mobile lifting frames, straddle carriers and works trucks fitted with a crane" to Nigeria totalled $ 34 million in 2023. Sales of commodity group 8426 to Nigeria decreased by 76% in value terms compared to 2022. imports of commodity group 8426 "Ships' derricks; cranes, including cable cranes; mobile lifting frames, straddle carriers and works trucks fitted with a crane" decreased by $ 112 million (the value of imports of commodity group 8426 to Nigeria was equal to $147 million in 2022)

Imports of commodity group 8426 "Ships' derricks; cranes, including cable cranes; mobile lifting frames, straddle carriers and works trucks fitted with a crane" accounted for 0.053% of total import flow to Nigeria (in 2023, total imports to Nigeria amounted to $ 65 billion). The share of commodity group 8426 in total imports to Nigeria decreased by 0.188 p.p. compared to 2022 (it was 0.242% in 2022 and cumulative imports to Nigeria were equal to $ 60 billion).

Imports of commodity group 8426 reached 0.571% of total imports of group "" to Nigeria in 2023 (imports of commodity group to Nigeria totalled $6.1 billion in 2023). The share of purchases of commodity group 8426 in imports of commodity group to Nigeria went down by 1.56 p.p. compared to 2022 (it was 2.13% in 2022, and imports of commodity group to Nigeria accounted for $6.88 billion).

Where does Nigeria import Ships' derricks; cranes, including cable cranes; mobile lifting frames, straddle carriers and works trucks fitted with a crane from?

Top trading partners (import of "Ships' derricks; cranes, including cable cranes; mobile lifting frames, straddle carriers and works trucks fitted with a crane") of Nigeria in 2023:

  • China with a share of 40% (14 million US$)
  • India with a share of 18.5% (6.46 million US$)
  • USA with a share of 11.5% (4.03 million US$)
  • Italy with a share of 6.12% (2.13 million US$)
  • Germany with a share of 4.57% (1.59 million US$)
  • Korea with a share of 4% (1.39 million US$)
  • Belgium with a share of 2.79% (977 thousand US$)
  • Lebanon with a share of 2.65% (928 thousand US$)
  • Netherlands with a share of 2.58% (901 thousand US$)
  • Turkey with a share of 2.1% (734 thousand US$)

Imports structure of 8426 - Ships' derricks; cranes, including cable cranes; mobile lifting frames, straddle carriers and works trucks fitted with a crane - to Nigeria in 2023 represented by the following main commodity groups:

  • 28% (9.82 million US$): 842641 - Lifting mach. n.e.s. in 84.26, self-propelled, on tyres
  • 27% (9.66 million US$): 842611 - Overhead travelling cranes on fixed support
  • 15.6% (5.44 million US$): 842620 - Tower cranes
  • 11.9% (4.17 million US$): 842619 - Overhead travelling cranes (excl. those on fixed support), transporter cranes, gantry cranes, bridge cranes
  • 7.55% (2.63 million US$): 842649 - Lifting mach. n.e.s. in 84.26, self-propelled, other than on tyres
  • 4.09% (1.43 million US$): 842612 - Mobile lifting frames on tyres & straddle carriers
  • 3.83% (1.33 million US$): 842699 - Cranes and derricks; for other than mounting on road vehicles, n.e.s in heading no. 8426
  • 0.581% (202 thousand US$): 842691 - Lifting mach. n.e.s. in 84.26, designed for mounting on road vehicles
  • 0.503% (175 thousand US$): 842630 - Portal/pedestal jib cranes

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Nigeria | Imports and Exports | World | Ships derricks; cranes, including cable cranes; mobile lifting frames, straddle carriers and works trucks fitted with a crane | Value (US$) and Value Growth, YoY (%) | 2012 - 2023