# Nigeria HS 843049 exports | Yugalinks

Explore reported HS 843049 exports from Nigeria: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Nigeria |
| HS6 | 843049 |
| Latest exports | $2.5M |
| Active destinations | 5 |
| Three-year growth | +119.6% |
| Destination HHI | 3,217 |
| Weighted share | 32.2% |

## Destination markets

No destination observations are available.

## Price intelligence

- Highest reported market price: United Kingdom at $2.4M / ton.
- Lowest reported market price: Niger at $527.7 / ton.
- Median reported price: $8.7K / ton.
- Price spread: 28,125.7%.

## Export history

- 2010: $44.0K
- 2011: $563.7K
- 2012: $273.6K
- 2013: $5.3K
- 2014: $140.8K
- 2015: $1.4M
- 2016: $16.7K
- 2017: $156.0K
- 2018: $104.3K
- 2019: $277.2K
- 2020: $21.0K
- 2021: $19.5K
- 2022: $57.9K
- 2023: $53.0K
- 2024: $206.2K

## 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/843049",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/843049",
    "exporter": "https://www.yugalinks.com/trade/exporter/nga/843049",
    "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": "843049",
    "exporter_iso3": "NGA",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 40,
    "current_lane_count": 5,
    "active_market_count": 5,
    "exports_latest_observed_lanes_usd": 2494759.206649033,
    "exports_current_2024_usd": 206171.99428797176,
    "exports_avg_3y_usd": 105672.38984194072,
    "exports_avg_5y_usd": 71486.73358461347,
    "exports_avg_10y_usd": 227153.86230387157,
    "exports_cagr_3y_pct": 119.64197736760846,
    "exports_cagr_5y_pct": -5.751952619114176,
    "exports_cagr_10y_pct": 3.890815781932222,
    "exports_all_year_lane_avg_usd": 2460123.8134163306,
    "exports_historical_lane_peak_usd": 4461685.140760528,
    "historical_peak_year": 2015,
    "positive_growth_year_share_pct": 41.37931034482759,
    "trend_acceleration_pct": 115.75116158567624,
    "trend_label": "Rapid growth",
    "top_market_iso3": "WXD",
    "top_market_exports_usd": 1342460.26,
    "top_market_share_pct": 53.81121578475688,
    "destination_hhi": 3216.6465762025746,
    "weighted_share_latest_pct": 32.223326608122335,
    "weighted_share_change_1y_pp": 32.196078146205096,
    "weighted_volatility_cv": 0.34223408177994324,
    "weighted_max_drawdown_pct": 21.56966430833148,
    "limited_history_lane_share_pct": 67.5,
    "data_freshness_years": 0,
    "coverage_score": 72.5,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:33",
    "source": "api",
    "product": {
      "hs_code": 843049,
      "hs_description": "Boring and sinking machinery: not self-propelled",
      "hs_chapter": 84,
      "hs_heading": 8430,
      "substitution_elasticity": -16.678127,
      "price_range_label": "Unclassified",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Boring and sinking machinery: not self-propelled",
    "hs_chapter": 84,
    "hs_heading": 8430,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "NGA",
      "hs_code": 843049,
      "num_markets": 12,
      "highest_price_importer_iso3": "GBR",
      "highest_price_usd_per_ton": 2449500,
      "lowest_price_importer_iso3": "NER",
      "lowest_price_usd_per_ton": 527.6666666666666,
      "median_price_across_markets": 8707.235466332078,
      "price_spread_pct": 28125.716167923532,
      "avg_quantity_metric_tons": 3.753214285714286,
      "total_trade_value_usd": 522999
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 43984.647221676874,
        "active_destinations": 4,
        "yoy_growth_pct": -95.68607177181178
      },
      {
        "year": 2011,
        "export_value_usd": 563665.4907184618,
        "active_destinations": 6,
        "yoy_growth_pct": 1181.5050848939663
      },
      {
        "year": 2012,
        "export_value_usd": 273623.51040931046,
        "active_destinations": 10,
        "yoy_growth_pct": -51.456401905934804
      },
      {
        "year": 2013,
        "export_value_usd": 5259.715160654709,
        "active_destinations": 4,
        "yoy_growth_pct": -98.0777546663345
      },
      {
        "year": 2014,
        "export_value_usd": 140753.14479597565,
        "active_destinations": 12,
        "yoy_growth_pct": 2576.060214227556
      },
      {
        "year": 2015,
        "export_value_usd": 1359895.468673649,
        "active_destinations": 10,
        "yoy_growth_pct": 866.1563659162593
      },
      {
        "year": 2016,
        "export_value_usd": 16687.838852194178,
        "active_destinations": 6,
        "yoy_growth_pct": -98.7728587059364
      },
      {
        "year": 2017,
        "export_value_usd": 156015.32826789864,
        "active_destinations": 4,
        "yoy_growth_pct": 834.9043315299344
      },
      {
        "year": 2018,
        "export_value_usd": 104258.67468206615,
        "active_destinations": 6,
        "yoy_growth_pct": -33.17408241897846
      },
      {
        "year": 2019,
        "export_value_usd": 277247.6446398404,
        "active_destinations": 5,
        "yoy_growth_pct": 165.92285532623467
      },
      {
        "year": 2020,
        "export_value_usd": 20959.150809854127,
        "active_destinations": 3,
        "yoy_growth_pct": -92.4402781357868
      },
      {
        "year": 2021,
        "export_value_usd": 19457.34758739107,
        "active_destinations": 5,
        "yoy_growth_pct": -7.165382014222509
      },
      {
        "year": 2022,
        "export_value_usd": 57891.347184825434,
        "active_destinations": 1,
        "yoy_growth_pct": 197.52949072226434
      },
      {
        "year": 2023,
        "export_value_usd": 52953.82805302495,
        "active_destinations": 6,
        "yoy_growth_pct": -8.528941494549839
      },
      {
        "year": 2024,
        "export_value_usd": 206171.99428797176,
        "active_destinations": 5,
        "yoy_growth_pct": 289.3429462389817
      }
    ],
    "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": "843049",
    "hs_description": "Boring and sinking machinery: not self-propelled",
    "hs_chapter": 84,
    "hs_heading": 8430
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "NGA",
    "hs_code": 843049,
    "num_markets": 12,
    "highest_price_importer_iso3": "GBR",
    "highest_price_usd_per_ton": 2449500,
    "lowest_price_importer_iso3": "NER",
    "lowest_price_usd_per_ton": 527.6666666666666,
    "median_price_across_markets": 8707.235466332078,
    "price_spread_pct": 28125.716167923532,
    "avg_quantity_metric_tons": 3.753214285714286,
    "total_trade_value_usd": 522999
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 43984.647221676874,
      "active_destinations": 4,
      "yoy_growth_pct": -95.68607177181178
    },
    {
      "year": 2011,
      "export_value_usd": 563665.4907184618,
      "active_destinations": 6,
      "yoy_growth_pct": 1181.5050848939663
    },
    {
      "year": 2012,
      "export_value_usd": 273623.51040931046,
      "active_destinations": 10,
      "yoy_growth_pct": -51.456401905934804
    },
    {
      "year": 2013,
      "export_value_usd": 5259.715160654709,
      "active_destinations": 4,
      "yoy_growth_pct": -98.0777546663345
    },
    {
      "year": 2014,
      "export_value_usd": 140753.14479597565,
      "active_destinations": 12,
      "yoy_growth_pct": 2576.060214227556
    },
    {
      "year": 2015,
      "export_value_usd": 1359895.468673649,
      "active_destinations": 10,
      "yoy_growth_pct": 866.1563659162593
    },
    {
      "year": 2016,
      "export_value_usd": 16687.838852194178,
      "active_destinations": 6,
      "yoy_growth_pct": -98.7728587059364
    },
    {
      "year": 2017,
      "export_value_usd": 156015.32826789864,
      "active_destinations": 4,
      "yoy_growth_pct": 834.9043315299344
    },
    {
      "year": 2018,
      "export_value_usd": 104258.67468206615,
      "active_destinations": 6,
      "yoy_growth_pct": -33.17408241897846
    },
    {
      "year": 2019,
      "export_value_usd": 277247.6446398404,
      "active_destinations": 5,
      "yoy_growth_pct": 165.92285532623467
    },
    {
      "year": 2020,
      "export_value_usd": 20959.150809854127,
      "active_destinations": 3,
      "yoy_growth_pct": -92.4402781357868
    },
    {
      "year": 2021,
      "export_value_usd": 19457.34758739107,
      "active_destinations": 5,
      "yoy_growth_pct": -7.165382014222509
    },
    {
      "year": 2022,
      "export_value_usd": 57891.347184825434,
      "active_destinations": 1,
      "yoy_growth_pct": 197.52949072226434
    },
    {
      "year": 2023,
      "export_value_usd": 52953.82805302495,
      "active_destinations": 6,
      "yoy_growth_pct": -8.528941494549839
    },
    {
      "year": 2024,
      "export_value_usd": 206171.99428797176,
      "active_destinations": 5,
      "yoy_growth_pct": 289.3429462389817
    }
  ],
  "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,
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    "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
  }
}
```
