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 | Margarine | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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Where does Nigeria export Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16?

Top export destinations of "Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16" from Nigeria in 2023:

Exports structure of 1517 - Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16 - from Nigeria in 2023 represented by the following main commodity groups:

The value of imports of commodity group 1517 "Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16" to Nigeria totalled $ 23 million in 2023. Sales of commodity group 1517 to Nigeria went up by 43% compared to 2022: imports of commodity group 1517 "Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16" went up by $ 7.06 million (the value of imports of commodity group 1517 to Nigeria was equal to $16.2 million in 2022)

Imports of commodity group 1517 "Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16" accounted for 0.035% of total import flow to Nigeria (in 2023, total imports to Nigeria amounted to $ 65 billion). The share of commodity group 1517 in total imports to Nigeria increased by 0.009 p.p. compared to 2022 (it was 0.026% in 2022 and cumulative imports to Nigeria were equal to $ 60 billion).

Imports of commodity group 1517 reached 6% of total imports of group "" to Nigeria in 2023 (imports of commodity group to Nigeria totalled $388 million in 2023). The share of purchases of commodity group 1517 in total imports of commodity group to Nigeria increased by 1.85 p.p. compared to 2022 (it was 4.15% in 2022, and imports of commodity group to Nigeria accounted for $391 million).

Where does Nigeria import Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16 from?

Top trading partners (import of "Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16") of Nigeria in 2023:

  • Indonesia with a share of 38% (8.98 million US$)
  • China with a share of 24% (5.61 million US$)
  • Ghana with a share of 14.5% (3.38 million US$)
  • Netherlands with a share of 9.91% (2.31 million US$)
  • United Kingdom with a share of 3.1% (724 thousand US$)
  • South Africa with a share of 2.84% (663 thousand US$)
  • United Arab Emirates with a share of 2.23% (522 thousand US$)
  • Belgium - 232 thousand US$
  • Hong Kong - 227 thousand US$
  • Argentina - 157 thousand US$

Imports structure of 1517 - Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16 - to Nigeria in 2023 represented by the following main commodity groups:

  • 96% (22 million US$): 151710 - Margarine (excl. liquid margarine)
  • 3.42% (800 thousand US$): 151790 - Edible mixtures or preparations of animal, vegetable or microbial fats or oils or of fractions of different fats or oils of this Chapter, n.e.c. in heading 1517, other than edible fats and oils or their fractions of heading 15.16

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