Iron and steel: South Korea exports to Nigeria
HS chapter 72 · 철강 · latest month: October 2026
In October 2026, South Korea exported $7,768 of iron and steel (HS 72) to Nigeria. The figures for September 2026 ($1,746) and October 2025 ($2,879) are too small for a percentage comparison.
Over the 12 months to October 2026, exports of iron and steel (HS 72) to Nigeria totalled $48,595, down 96.3% from the 12 months before ($1.3 million).
Nigeria took 0.0% of South Korea's exports of this product over the 12 months to October 2026, ranking 130th of 148 destinations (95th in the 12 months before).
This product made up 0.0% of South Korea's goods exports to Nigeria over the same period.
The average export value in October 2026 was $62.65 per kg of net weight, compared with $4.96 per kg in October 2025.
Imports from Nigeria in October 2026 were $97,292, leaving a deficit of $89,524 for the month.
Last 24 months
Monthly figures
| Month | Exports | vs year earlier | Export weight | Export $/kg | Imports | Import weight |
|---|---|---|---|---|---|---|
| October 2026 | $7,768 | – | 124 kg | $62.65 | $97K | 37.4 t |
| September 2026 | $1,746 | – | 276 kg | $6.33 | $0 | 0 kg |
| August 2026 | $0 | -100.0% | 0 kg | – | $0 | 0 kg |
| July 2026 | $20K | -93.6% | 12.8 t | $1.59 | $0 | 0 kg |
| June 2026 | $0 | -100.0% | 0 kg | – | $0 | 0 kg |
| May 2026 | $0 | – | 0 kg | – | $44K | 23.0 t |
| April 2026 | $0 | -100.0% | 0 kg | – | $39K | 23.0 t |
| March 2026 | $0 | -100.0% | 0 kg | – | $0 | 0 kg |
| February 2026 | $0 | – | 0 kg | – | $0 | 0 kg |
| January 2026 | $0 | – | 0 kg | – | $0 | 0 kg |
| December 2025 | $0 | -100.0% | 0 kg | – | $44K | 22.0 t |
| November 2025 | $19K | -80.5% | 8.3 t | $2.25 | $0 | 0 kg |
| October 2025 | $2,879 | -93.5% | 580 kg | $4.96 | $0 | 0 kg |
| September 2025 | $0 | -100.0% | 0 kg | – | $0 | 0 kg |
| August 2025 | $224K | +595.6% | 29.6 t | $7.55 | $0 | 0 kg |
| July 2025 | $316K | +2,707% | 109 t | $2.90 | $0 | 0 kg |
| June 2025 | $18K | -67.6% | 5.2 t | $3.36 | $0 | 0 kg |
| May 2025 | $0 | -100.0% | 0 kg | – | $0 | 0 kg |
| April 2025 | $189K | – | 195 t | $0.97 | $0 | 0 kg |
| March 2025 | $97K | -95.0% | 80.3 t | $1.21 | $0 | 0 kg |
| February 2025 | $0 | -100.0% | 0 kg | – | $0 | 0 kg |
| January 2025 | $699 | – | 200 kg | $3.50 | $0 | 0 kg |
| December 2024 | $368K | – | 570 t | $0.65 | $0 | 0 kg |
| November 2024 | $96K | +472.8% | 52.4 t | $1.83 | $0 | 0 kg |
Exports FOB, imports CIF, US dollars. Weight is net weight. "vs year earlier" compares export value with the same month one year before and is left blank when that month was under $10,000. Source: Korea Customs Service, via data.go.kr.
Largest headings exported to Nigeria
| Code | Product | Exports, 12 months | Share | vs 12 months before | October 2026 |
|---|---|---|---|---|---|
| 7216 | Angles, shapes and sections of iron or non-alloy steel | $21K | 42.7% | -95.6% | $0 |
| 7211 | Narrow flat-rolled iron or non-alloy steel (under 600 mm), not coated | $19K | 38.5% | – | $0 |
| 7219 | Flat-rolled products of stainless steel | $7,768 | 16.0% | – | $7,768 |
| 7215 | Other bars and rods of iron or non-alloy steel | $1,048 | 2.2% | – | $0 |
| 7222 | Other bars and rods of stainless steel, etc. | $314 | 0.6% | – | $0 |
See also: Iron and steel to all countries · all exports to Nigeria