Nigeria | Imports and Exports | World | Organic chemicals | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 29 "Organic chemicals" from Nigeria totalled $ 11.9 million in 2023. Sales of commodity group 29 from Nigeria went up by 653% compared to 2022: exports of commodity group 29 "Organic chemicals" went up by $ 10.3 million (cumulative exports of commodity group 29 from Nigeria amounted $1.59 million in 2022)
Exports of commodity group 29 "Organic chemicals" amounted to 0.018% of total exports from Nigeria (cumulative merchandise exports from Nigeria totalled $ 65 billion in 2023). The share of commodity group 29 in total exports from Nigeria increased by 0.015 p.p. compared to 2022 (it was 0.002% in 2022 and cumulative exports from Nigeria were equal to $ 63 billion).
Exports of commodity group 29 amounted to 99% of total sales of group 29 "Organic chemicals" from Nigeria in 2023 (the value of exports of commodity group 29 from Nigeria amounted to $11.9 million in 2023). The share of exports of commodity group 29 in sales of commodity group 29 from Nigeria lowered by -0 p.p. compared to 2022 (it was 99% in 2022, and exports of commodity group 29 from Nigeria were $1.59 million).
Where does Nigeria export Organic chemicals?
Top export destinations of "Organic chemicals" from Nigeria in 2023:
- China with a share of 85% (10.2 million US$)
- India with a share of 9.08% (1.08 million US$)
- Congo with a share of 3.64% (436 thousand US$)
- Turkey - 84 thousand US$
- Croatia - 81 thousand US$
- Romania - 54 thousand US$
- Netherlands - 19 thousand US$
- Mali - 10.1 thousand US$
Exports structure of 29 - Organic chemicals - from Nigeria in 2023 represented by the following main commodity groups:
- 91% (11 million US$): 2904 - Sulphonated, nitrated or nitrosated derivatives of hydrocarbons, whether or not halogenated
- 4.35% (522 thousand US$): 2923 - Quaternary ammonium salts and hydroxides; lecithins and other phosphoaminolipids, whether or not chemically defined
- 3.64% (436 thousand US$): 2920 - Esters of other inorganic acids of non-metals (excluding esters of hydrogen halides) and their salts; their halogenated, sulphonated, nitrated or nitrosated derivatives
- 0.084% (10.1 thousand US$): 2915 - Saturated acyclic monocarboxylic acids and their anhydrides, halides, peroxides and peroxyacids; their halogenated, sulphonated, nitrated or nitrosated derivatives
The value of imports of commodity group 29 "Organic chemicals" to Nigeria totalled $ 720 million in 2023. Sales of commodity group 29 to Nigeria decreased by 29% in value terms compared to 2022. imports of commodity group 29 "Organic chemicals" decreased by $ 304 million (the value of imports of commodity group 29 to Nigeria was equal to $1.02 billion in 2022)
Imports of commodity group 29 "Organic chemicals" accounted for 1.1% of total import flow to Nigeria (in 2023, total imports to Nigeria amounted to $ 65 billion). The share of commodity group 29 in total imports to Nigeria decreased by 0.582 p.p. compared to 2022 (it was 1.69% in 2022 and cumulative imports to Nigeria were equal to $ 60 billion).
Where does Nigeria import Organic chemicals from?
Top trading partners (import of "Organic chemicals") of Nigeria in 2023:
- China with a share of 36% (265 million US$)
- India with a share of 15.2% (109 million US$)
- Korea with a share of 8.22% (59 million US$)
- Brazil with a share of 5.02% (36 million US$)
- Hong Kong with a share of 3.34% (24 million US$)
- South Africa with a share of 3.13% (22 million US$)
- Indonesia with a share of 2.95% (21 million US$)
- Malaysia with a share of 2.54% (18.3 million US$)
- Other Asia, nes with a share of 2.29% (16.5 million US$)
- Saudi Arabia with a share of 1.96% (14.1 million US$)
Imports structure of 29 - Organic chemicals - to Nigeria in 2023 represented by the following main commodity groups:
- 22% (158 million US$): 2922 - Oxygen-function amino-compounds
- 9.65% (69 million US$): 2915 - Saturated acyclic monocarboxylic acids and their anhydrides, halides, peroxides and peroxyacids; their halogenated, sulphonated, nitrated or nitrosated derivatives
- 9.27% (66 million US$): 2929 - Compounds with other nitrogen function, n.e.s. in chapter 29
- 7.91% (57 million US$): 2905 - Acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives
- 5.95% (42 million US$): 2924 - Carboxyamide-function compounds; amide-function compounds of carbonic acid
- 5.94% (42 million US$): 2902 - Cyclic hydrocarbons
- 3.8% (27 million US$): 2941 - Antibiotics
- 3.7% (26 million US$): 2914 - Ketones and quinones, whether or not with other oxygen function, and their halogenated, sulphonated, nitrated or nitrosated derivatives.
- 3.48% (25 million US$): 2917 - Polycarboxylic acids, their anhydrides, halides, peroxides and peroxyacids; their halogenated, sulphonated, nitrated or nitrosated derivatives
- 2.74% (19.7 million US$): 2918 - Carboxylic acids with additional oxygen function and their anhydrides, halides, peroxides and peroxyacids; their halogenated, sulphonated, nitrated or nitrosated derivatives
