# Nigeria HS 721590 exports | Yugalinks

Explore reported HS 721590 exports from Nigeria: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Nigeria |
| HS6 | 721590 |
| Latest exports | $4.1M |
| Active destinations | 6 |
| Three-year growth | +1.5% |
| Destination HHI | 2,230 |
| Weighted share | 54.9% |

## Destination markets

No destination observations are available.

## Price intelligence

- Highest reported market price: Côte d\'Ivoire at $30.6K / ton.
- Lowest reported market price: Liberia at $78.2 / ton.
- Median reported price: $667.8 / ton.
- Price spread: 4,566.3%.

## Export history

- 2010: $101.0K
- 2011: $215.2K
- 2012: $88.3K
- 2013: $13.0M
- 2014: $3.3M
- 2015: $330.8K
- 2016: $3.6M
- 2017: $5.2M
- 2018: $7.8M
- 2019: $2.6M
- 2020: $32.3K
- 2021: $2.1M
- 2022: $3.1M
- 2023: $3.4M
- 2024: $2.2M

## Methods

Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.

Missing values are shown as Not reported and are not imputed.

## Complete structured values

```json
{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/nga/721590",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/721590",
    "exporter": "https://www.yugalinks.com/trade/exporter/nga/721590",
    "methodology": "https://www.yugalinks.com/methodology"
  },
  "methodology": {
    "summary": "Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.",
    "reportedValues": "Merchandise trade observations for an exporter, HS6 product, destination market, and available year.",
    "destinations": "Destination rows are ranked by latest observed exporter-lane value.",
    "prices": "Unit values are reported trade value divided by reported quantity where quantity is positive.",
    "missingData": "Missing values are shown as Not reported and are not imputed."
  },
  "exporter": {
    "hs_code": "721590",
    "exporter_iso3": "NGA",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 31,
    "current_lane_count": 6,
    "active_market_count": 6,
    "exports_latest_observed_lanes_usd": 4138979.49750311,
    "exports_current_2024_usd": 2202085.142456812,
    "exports_avg_3y_usd": 2929643.899825359,
    "exports_avg_5y_usd": 2184909.268622981,
    "exports_avg_10y_usd": 3036741.674191171,
    "exports_cagr_3y_pct": 1.5421057116905112,
    "exports_cagr_5y_pct": -3.0208418194828224,
    "exports_cagr_10y_pct": -3.8980775765549924,
    "exports_all_year_lane_avg_usd": 6377279.600388118,
    "exports_historical_lane_peak_usd": 23935253.59280244,
    "historical_peak_year": 2013,
    "positive_growth_year_share_pct": 53.84615384615385,
    "trend_acceleration_pct": 5.440183288245503,
    "trend_label": "Stable",
    "top_market_iso3": "BEN",
    "top_market_exports_usd": 1520652.6868713545,
    "top_market_share_pct": 36.73979752228072,
    "destination_hhi": 2230.284233838536,
    "weighted_share_latest_pct": 54.85981511463642,
    "weighted_share_change_1y_pp": 21.90388432029456,
    "weighted_volatility_cv": 0.9800433262565503,
    "weighted_max_drawdown_pct": 49.382648002066404,
    "limited_history_lane_share_pct": 74.19354838709677,
    "data_freshness_years": 0,
    "coverage_score": 73,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:33",
    "source": "api",
    "product": {
      "hs_code": 721590,
      "hs_description": "Iron or non-alloy steel: bars and rods, n.e.c. in chapter 72, n.e.c. in heading no. 7215",
      "hs_chapter": 72,
      "hs_heading": 7215,
      "substitution_elasticity": -7.1676445,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Iron or non-alloy steel: bars and rods, n.e.c. in chapter 72, n.e.c. in heading no. 7215",
    "hs_chapter": 72,
    "hs_heading": 7215,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "NGA",
      "hs_code": 721590,
      "num_markets": 11,
      "highest_price_importer_iso3": "CIV",
      "highest_price_usd_per_ton": 30571.428571428572,
      "lowest_price_importer_iso3": "LBR",
      "lowest_price_usd_per_ton": 78.17897530998873,
      "median_price_across_markets": 667.7921218139688,
      "price_spread_pct": 4566.278726572532,
      "avg_quantity_metric_tons": 563.7508571428572,
      "total_trade_value_usd": 8714668
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 100956.39713109846,
        "active_destinations": 4,
        "yoy_growth_pct": -56.030226133373354
      },
      {
        "year": 2011,
        "export_value_usd": 215187.3432810974,
        "active_destinations": 3,
        "yoy_growth_pct": 113.14879432718126
      },
      {
        "year": 2012,
        "export_value_usd": 88343.59721313386,
        "active_destinations": 2,
        "yoy_growth_pct": -58.945728003281594
      },
      {
        "year": 2013,
        "export_value_usd": 12999508.813701525,
        "active_destinations": 6,
        "yoy_growth_pct": 14614.715297747594
      },
      {
        "year": 2014,
        "export_value_usd": 3277278.5301565356,
        "active_destinations": 7,
        "yoy_growth_pct": -74.7892125993078
      },
      {
        "year": 2015,
        "export_value_usd": 330836.09859446547,
        "active_destinations": 6,
        "yoy_growth_pct": -89.90515772308608
      },
      {
        "year": 2016,
        "export_value_usd": 3563570.623308423,
        "active_destinations": 9,
        "yoy_growth_pct": 977.1408073206067
      },
      {
        "year": 2017,
        "export_value_usd": 5209491.739344786,
        "active_destinations": 8,
        "yoy_growth_pct": 46.18741397380496
      },
      {
        "year": 2018,
        "export_value_usd": 7771876.250639826,
        "active_destinations": 10,
        "yoy_growth_pct": 49.18684277666826
      },
      {
        "year": 2019,
        "export_value_usd": 2567095.6869093017,
        "active_destinations": 5,
        "yoy_growth_pct": -66.96942148689047
      },
      {
        "year": 2020,
        "export_value_usd": 32341.81724718364,
        "active_destinations": 4,
        "yoy_growth_pct": -98.74013978473386
      },
      {
        "year": 2021,
        "export_value_usd": 2103272.8263916434,
        "active_destinations": 5,
        "yoy_growth_pct": 6403.261119548867
      },
      {
        "year": 2022,
        "export_value_usd": 3149714.5805183016,
        "active_destinations": 6,
        "yoy_growth_pct": 49.75302019766616
      },
      {
        "year": 2023,
        "export_value_usd": 3437131.976500964,
        "active_destinations": 6,
        "yoy_growth_pct": 9.125188604720059
      },
      {
        "year": 2024,
        "export_value_usd": 2202085.142456812,
        "active_destinations": 6,
        "yoy_growth_pct": -35.932482153374934
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    ],
    "economy": {
      "year": 2024,
      "country_iso3": "NGA",
      "exports_usd": 56941418902.15539,
      "imports_usd": 50278133107.64248,
      "trade_balance_usd": 6663285794.512909,
      "yoy_exports_growth_pct": -9.67373651308262,
      "yoy_imports_growth_pct": -16.18062425952269,
      "exports_cagr_3y_pct": 4.026458555641921,
      "imports_cagr_3y_pct": -5.508057780247311,
      "export_partner_hhi": 465.8320147058125,
      "export_product_hhi": 4533.798080511278,
      "momentum_score": -5.563677992465257,
      "risk_score": 24.998150476085456,
      "gdp_million_usd": 252261.88014115053,
      "gdp_per_capita_usd": 1084.1604180543611,
      "population": 232679478,
      "labor_force": 67678.81,
      "investment_rate_pct": 26.33,
      "savings_rate_pct": 20.4,
      "secondary_education_pct": 40.44,
      "tertiary_education_pct": 3.29,
      "total_factor_productivity": 594.15,
      "trade_openness_pct": 13.142187617070435,
      "exports_gdp_pct": 6.979462200382475,
      "num_active_partners": 270,
      "num_fta_partners": 14,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 4,
      "num_shared_language_partners": 77,
      "avg_partner_distance_km": 7262.135802469136,
      "avg_partner_gdp_million_usd": 533678518.3258192,
      "avg_partner_gdp_per_capita_usd": 15.774186170212769,
      "avg_buyer_biz_entry_days": null,
      "avg_buyer_biz_entry_cost_pct": null,
      "pct_partners_with_fta": 5.185185185185185,
      "pct_partners_shared_language": 28.51851851851852,
      "pct_partners_shared_border": 1.4814814814814816,
      "avg_applied_tariff_pct": 0.13151512571683113,
      "avg_mfn_tariff_pct": 0.1364169151772714,
      "avg_preferential_tariff_pct": 0.03678156734880338,
      "tariff_advantage_pp": 0.099635347828468,
      "avg_distance_all_partners_km": 7234.188837116315,
      "num_border_partners": 100,
      "num_colonial_partners": 25,
      "avg_substitution_elasticity": -9.339842972467615,
      "pct_products_high_elasticity": 71.0772104607721,
      "pct_products_low_elasticity": 3.3935242839352426,
      "real_market_potential": 164373.51126504008,
      "foreign_market_potential": 24611.999896897145
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "721590",
    "hs_description": "Iron or non-alloy steel: bars and rods, n.e.c. in chapter 72, n.e.c. in heading no. 7215",
    "hs_chapter": 72,
    "hs_heading": 7215
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "NGA",
    "hs_code": 721590,
    "num_markets": 11,
    "highest_price_importer_iso3": "CIV",
    "highest_price_usd_per_ton": 30571.428571428572,
    "lowest_price_importer_iso3": "LBR",
    "lowest_price_usd_per_ton": 78.17897530998873,
    "median_price_across_markets": 667.7921218139688,
    "price_spread_pct": 4566.278726572532,
    "avg_quantity_metric_tons": 563.7508571428572,
    "total_trade_value_usd": 8714668
  },
  "history": [
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      "year": 2010,
      "export_value_usd": 100956.39713109846,
      "active_destinations": 4,
      "yoy_growth_pct": -56.030226133373354
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    {
      "year": 2011,
      "export_value_usd": 215187.3432810974,
      "active_destinations": 3,
      "yoy_growth_pct": 113.14879432718126
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    {
      "year": 2012,
      "export_value_usd": 88343.59721313386,
      "active_destinations": 2,
      "yoy_growth_pct": -58.945728003281594
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    {
      "year": 2013,
      "export_value_usd": 12999508.813701525,
      "active_destinations": 6,
      "yoy_growth_pct": 14614.715297747594
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    {
      "year": 2014,
      "export_value_usd": 3277278.5301565356,
      "active_destinations": 7,
      "yoy_growth_pct": -74.7892125993078
    },
    {
      "year": 2015,
      "export_value_usd": 330836.09859446547,
      "active_destinations": 6,
      "yoy_growth_pct": -89.90515772308608
    },
    {
      "year": 2016,
      "export_value_usd": 3563570.623308423,
      "active_destinations": 9,
      "yoy_growth_pct": 977.1408073206067
    },
    {
      "year": 2017,
      "export_value_usd": 5209491.739344786,
      "active_destinations": 8,
      "yoy_growth_pct": 46.18741397380496
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    {
      "year": 2018,
      "export_value_usd": 7771876.250639826,
      "active_destinations": 10,
      "yoy_growth_pct": 49.18684277666826
    },
    {
      "year": 2019,
      "export_value_usd": 2567095.6869093017,
      "active_destinations": 5,
      "yoy_growth_pct": -66.96942148689047
    },
    {
      "year": 2020,
      "export_value_usd": 32341.81724718364,
      "active_destinations": 4,
      "yoy_growth_pct": -98.74013978473386
    },
    {
      "year": 2021,
      "export_value_usd": 2103272.8263916434,
      "active_destinations": 5,
      "yoy_growth_pct": 6403.261119548867
    },
    {
      "year": 2022,
      "export_value_usd": 3149714.5805183016,
      "active_destinations": 6,
      "yoy_growth_pct": 49.75302019766616
    },
    {
      "year": 2023,
      "export_value_usd": 3437131.976500964,
      "active_destinations": 6,
      "yoy_growth_pct": 9.125188604720059
    },
    {
      "year": 2024,
      "export_value_usd": 2202085.142456812,
      "active_destinations": 6,
      "yoy_growth_pct": -35.932482153374934
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  ],
  "economy": {
    "year": 2024,
    "country_iso3": "NGA",
    "exports_usd": 56941418902.15539,
    "imports_usd": 50278133107.64248,
    "trade_balance_usd": 6663285794.512909,
    "yoy_exports_growth_pct": -9.67373651308262,
    "yoy_imports_growth_pct": -16.18062425952269,
    "exports_cagr_3y_pct": 4.026458555641921,
    "imports_cagr_3y_pct": -5.508057780247311,
    "export_partner_hhi": 465.8320147058125,
    "export_product_hhi": 4533.798080511278,
    "momentum_score": -5.563677992465257,
    "risk_score": 24.998150476085456,
    "gdp_million_usd": 252261.88014115053,
    "gdp_per_capita_usd": 1084.1604180543611,
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    "labor_force": 67678.81,
    "investment_rate_pct": 26.33,
    "savings_rate_pct": 20.4,
    "secondary_education_pct": 40.44,
    "tertiary_education_pct": 3.29,
    "total_factor_productivity": 594.15,
    "trade_openness_pct": 13.142187617070435,
    "exports_gdp_pct": 6.979462200382475,
    "num_active_partners": 270,
    "num_fta_partners": 14,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 4,
    "num_shared_language_partners": 77,
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    "num_border_partners": 100,
    "num_colonial_partners": 25,
    "avg_substitution_elasticity": -9.339842972467615,
    "pct_products_high_elasticity": 71.0772104607721,
    "pct_products_low_elasticity": 3.3935242839352426,
    "real_market_potential": 164373.51126504008,
    "foreign_market_potential": 24611.999896897145
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}
```