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 | Butter, dairy spreads | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 0405 "Butter and other fats and oils derived from milk; dairy spreads." from Nigeria totalled $ 20 thousand in 2023. Sales of commodity group 0405 from Nigeria decreased by 9.63% in value terms compared to 2022. exports of commodity group 0405 "Butter and other fats and oils derived from milk; dairy spreads." decreased by $ 2.19 thousand (cumulative exports of commodity group 0405 from Nigeria amounted $22 thousand in 2022)

Exports of commodity group 0405 amounted to 0.516% of total sales of group "" from Nigeria in 2023 (the value of exports of commodity group from Nigeria amounted to $3.98 million in 2023). The share of exports of commodity group 0405 in sales of commodity group from Nigeria increased by 0.086 p.p. compared to 2022 (it was 0.429% in 2022, and exports of commodity group from Nigeria were $5.3 million).

Where does Nigeria export Butter and other fats and oils derived from milk; dairy spreads.?

Top export destinations of "Butter and other fats and oils derived from milk; dairy spreads." from Nigeria in 2023:

  • Netherlands with a share of 100% (20 thousand US$)

Exports structure of 0405 - Butter and other fats and oils derived from milk; dairy spreads. - from Nigeria in 2023 represented by the following main commodity groups:

  • 100% (20 thousand US$): 040510 - Butter

The value of imports of commodity group 0405 "Butter and other fats and oils derived from milk; dairy spreads." to Nigeria totalled $ 8.94 million in 2023. Sales of commodity group 0405 to Nigeria decreased by 5.97% in value terms compared to 2022. imports of commodity group 0405 "Butter and other fats and oils derived from milk; dairy spreads." decreased by $ 568 thousand (the value of imports of commodity group 0405 to Nigeria was equal to $9.51 million in 2022)

Imports of commodity group 0405 "Butter and other fats and oils derived from milk; dairy spreads." accounted for 0.013% of total import flow to Nigeria (in 2023, total imports to Nigeria amounted to $ 65 billion). The share of commodity group 0405 in total imports to Nigeria decreased by 0.001 p.p. compared to 2022 (it was 0.015% in 2022 and cumulative imports to Nigeria were equal to $ 60 billion).

Imports of commodity group 0405 reached 2.88% of total imports of group "" to Nigeria in 2023 (imports of commodity group to Nigeria totalled $310 million in 2023). The share of purchases of commodity group 0405 in total imports of commodity group to Nigeria increased by 0.58 p.p. compared to 2022 (it was 2.3% in 2022, and imports of commodity group to Nigeria accounted for $412 million).

Where does Nigeria import Butter and other fats and oils derived from milk; dairy spreads. from?

Top trading partners (import of "Butter and other fats and oils derived from milk; dairy spreads.") of Nigeria in 2023:

  • New Zealand with a share of 29% (2.68 million US$)
  • France with a share of 21% (1.9 million US$)
  • Ireland with a share of 13.6% (1.22 million US$)
  • South Africa with a share of 12.2% (1.09 million US$)
  • United Kingdom with a share of 7.12% (637 thousand US$)
  • Denmark with a share of 3.81% (341 thousand US$)
  • Belgium with a share of 3.12% (279 thousand US$)
  • China with a share of 3.12% (279 thousand US$)
  • Uruguay with a share of 1.91% (171 thousand US$)
  • Italy with a share of 1.37% (123 thousand US$)

Imports structure of 0405 - Butter and other fats and oils derived from milk; dairy spreads. - to Nigeria in 2023 represented by the following main commodity groups:

  • 47% (4.26 million US$): 040590 - Fats & oils derived from milk, other than butter & dairy spreads
  • 38% (3.47 million US$): 040510 - Butter
  • 13.5% (1.21 million US$): 040520 - Dairy spreads

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Nigeria | Imports and Exports | World | Butter,  dairy spreads | Value (US$) and Value Growth, YoY (%) | 2012 - 2023