Korea Trade Data

Articles of iron or steel: South Korea exports to Nigeria

HS chapter 73 · 철강의 제품 · latest month: October 2026

Exports, October 2026
$364K
-35.9% vs previous month
vs same month a year earlier
-49.2%
export value
Exports, last 12 months
$12.2M
+41.5% vs 12 months before
Export weight, October 2026
325 t
net weight
Export value per kg
$1.12
October 2026

In October 2026, South Korea exported $363,738 of articles of iron or steel (HS 73) to Nigeria, down 35.9% from September 2026 and down 49.2% from October 2025.

Over the 12 months to October 2026, exports of articles of iron or steel (HS 73) to Nigeria totalled $12.2 million, up 41.5% from the 12 months before ($8.6 million).

Nigeria took 0.1% of South Korea's exports of this product over the 12 months to October 2026, ranking 43rd of 192 destinations (47th in the 12 months before).

This product made up 2.0% of South Korea's goods exports to Nigeria over the same period.

The average export value in October 2026 was $1.12 per kg of net weight, compared with $2.13 per kg in October 2025.

Last 24 months

Monthly exportsExport value in US dollars (FOB).
$0M$2M$4M$6MOct ’26May ’26Dec ’25Jul ’25Feb ’25November 2024: $419,707December 2024: $339,171January 2025: $403,855February 2025: $2.4 millionMarch 2025: $1.1 millionApril 2025: $645,006May 2025: $353,863June 2025: $472,050July 2025: $504,973August 2025: $564,578September 2025: $692,703October 2025: $715,449November 2025: $305,207December 2025: $658,217January 2026: $755,268February 2026: $649,384March 2026: $4.4 millionApril 2026: $392,129May 2026: $1.4 millionJune 2026: $784,761July 2026: $1.5 millionAugust 2026: $423,644September 2026: $567,164October 2026: $363,738
Monthly importsImport value in US dollars (CIF).
$0$100$200$300$400Oct ’26May ’26Dec ’25Jul ’25Feb ’25$0November 2024: $0December 2024: $0January 2025: $0February 2025: $0March 2025: $0April 2025: $55May 2025: $0June 2025: $0July 2025: $20August 2025: $0September 2025: $0October 2025: $0November 2025: $285December 2025: $0January 2026: $0February 2026: $0March 2026: $0April 2026: $0May 2026: $0June 2026: $0July 2026: $0August 2026: $0September 2026: $0October 2026: $0

Monthly figures

MonthExportsvs year earlierExport weightExport $/kg ImportsImport weight
October 2026$364K-49.2%325 t $1.12$00 kg
September 2026$567K-18.1%329 t $1.72$00 kg
August 2026$424K-25.0%322 t $1.32$00 kg
July 2026$1.5M+195.5%578 t $2.58$00 kg
June 2026$785K+66.2%497 t $1.58$00 kg
May 2026$1.4M+302.2%585 t $2.43$00 kg
April 2026$392K-39.2%342 t $1.15$00 kg
March 2026$4.4M+289.9%745 t $5.86$00 kg
February 2026$649K-72.6%291 t $2.23$00 kg
January 2026$755K+87.0%549 t $1.38$00 kg
December 2025$658K+94.1%352 t $1.87$00 kg
November 2025$305K-27.3%324 t $0.94$285250 kg
October 2025$715K-57.5%335 t $2.13$00 kg
September 2025$693K-35.2%424 t $1.63$00 kg
August 2025$565K-79.5%329 t $1.72$00 kg
July 2025$505K-34.2%322 t $1.57$202 kg
June 2025$472K-80.0%338 t $1.40$00 kg
May 2025$354K-90.9%249 t $1.42$00 kg
April 2025$645K-59.3%340 t $1.89$557 kg
March 2025$1.1M+82.3%468 t $2.39$00 kg
February 2025$2.4M+148.0%1,069 t $2.22$00 kg
January 2025$404K-70.0%226 t $1.78$00 kg
December 2024$339K-52.5%330 t $1.03$00 kg
November 2024$420K-82.8%316 t $1.33$00 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

CodeProductExports, 12 monthsSharevs 12 months beforeOctober 2026
7321Stoves, ranges, grates, cookers, barbecues, braziers, gas-rings, etc.$2.8M 23.2%+7.5%$274K
7309Reservoirs, tanks, vats and similar containers for any material, etc.$2.3M 19.0%+9,863%$0
7306Other welded tubes, pipes and hollow profiles of iron or steel$1.9M 15.2%+7,061%$0
7326Other articles of iron or steel$1.6M 13.4%+1,803%$16K
7308Steel structures and parts (bridges, towers, frameworks)$1.2M 9.8%+62.8%$0
7307Tube and pipe fittings of iron or steel$720K 5.9%-72.0%$21K
7318Screws, bolts, nuts, washers and rivets of iron or steel$589K 4.8%+102.4%$832
7323Table, kitchen or other household articles and parts thereof, of iron or steel, etc.$561K 4.6%+19.4%$51K
7304Seamless tubes and pipes of iron or steel$262K 2.2%+59.6%$0
7312Stranded wire, ropes and cables of iron or steel$150K 1.2%+219.8%$0
7305Large-diameter tubes and pipes of iron or steel (over 406.4 mm)$50K 0.4%-96.1%$0
7314Cloth, grill, netting and fencing, of iron or steel wire, etc.$11K 0.1%-93.8%$0
7320Springs and leaves for springs, of iron or steel$7,189 0.1%–$1,478
7317Nails, tacks, drawing pins, corrugated nails, staples and similar articles, etc.$864 0.0%–$0
7319Sewing needles, knitting needles, bodkins, crochet hooks, etc.$612 0.0%–$0
7315Chain and parts thereof, of iron or steel$150 0.0%–$0

See also: Articles of iron or steel to all countries · all exports to Nigeria