Nigeria | Imports and Exports | World | Anti-knock preparations, oxidation inhibitors, gum inhibitors, viscosity improvers, anti-corrosive preparations | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 3811 "Anti-knock preparations, oxidation inhibitors, gum inhibitors, viscosity improvers, anti-corrosive preparations and other prepared additives, for mineral oils (including gasoline) or for other liquids used for the same purposes as mineral oils" from Nigeria totalled $ 431 thousand in 2023. Sales of commodity group 3811 from Nigeria decreased by 24% in value terms compared to 2022. exports of commodity group 3811 "Anti-knock preparations, oxidation inhibitors, gum inhibitors, viscosity improvers, anti-corrosive preparations and other prepared additives, for mineral oils (including gasoline) or for other liquids used for the same purposes as mineral oils" decreased by $ 141 thousand (cumulative exports of commodity group 3811 from Nigeria amounted $573 thousand in 2022)
Exports of commodity group 3811 amounted to 2.64% of total sales of group "" from Nigeria in 2023 (the value of exports of commodity group from Nigeria amounted to $16.2 million in 2023). The share of exports of commodity group 3811 in sales of commodity group from Nigeria lowered by 0.297 p.p. compared to 2022 (it was 2.94% in 2022, and exports of commodity group from Nigeria were $19.4 million).
Where does Nigeria export Anti-knock preparations, oxidation inhibitors, gum inhibitors, viscosity improvers, anti-corrosive preparations and other prepared additives, for mineral oils (including gasoline) or for other liquids used for the same purposes as mineral oils?
Top export destinations of "Anti-knock preparations, oxidation inhibitors, gum inhibitors, viscosity improvers, anti-corrosive preparations and other prepared additives, for mineral oils (including gasoline) or for other liquids used for the same purposes as mineral oils" from Nigeria in 2023:
- USA with a share of 64% (278 thousand US$)
- Gabon with a share of 35% (152 thousand US$)
Exports structure of 3811 - Anti-knock preparations, oxidation inhibitors, gum inhibitors, viscosity improvers, anti-corrosive preparations and other prepared additives, for mineral oils (including gasoline) or for other liquids used for the same purposes as mineral oils - from Nigeria in 2023 represented by the following main commodity groups:
- 100% (431 thousand US$): 381119 - Anti-knock preparations other than those based on lead compounds
The value of imports of commodity group 3811 "Anti-knock preparations, oxidation inhibitors, gum inhibitors, viscosity improvers, anti-corrosive preparations and other prepared additives, for mineral oils (including gasoline) or for other liquids used for the same purposes as mineral oils" to Nigeria totalled $ 37 million in 2023. Sales of commodity group 3811 to Nigeria decreased by 42% in value terms compared to 2022. imports of commodity group 3811 "Anti-knock preparations, oxidation inhibitors, gum inhibitors, viscosity improvers, anti-corrosive preparations and other prepared additives, for mineral oils (including gasoline) or for other liquids used for the same purposes as mineral oils" decreased by $ 27 million (the value of imports of commodity group 3811 to Nigeria was equal to $64 million in 2022)
Imports of commodity group 3811 "Anti-knock preparations, oxidation inhibitors, gum inhibitors, viscosity improvers, anti-corrosive preparations and other prepared additives, for mineral oils (including gasoline) or for other liquids used for the same purposes as mineral oils" accounted for 0.057% of total import flow to Nigeria (in 2023, total imports to Nigeria amounted to $ 65 billion). The share of commodity group 3811 in total imports to Nigeria decreased by 0.049 p.p. compared to 2022 (it was 0.106% in 2022 and cumulative imports to Nigeria were equal to $ 60 billion).
Imports of commodity group 3811 reached 5.22% of total imports of group "" to Nigeria in 2023 (imports of commodity group to Nigeria totalled $710 million in 2023). The share of purchases of commodity group 3811 in imports of commodity group to Nigeria went down by 0.996 p.p. compared to 2022 (it was 6.22% in 2022, and imports of commodity group to Nigeria accounted for $1.03 billion).
Where does Nigeria import Anti-knock preparations, oxidation inhibitors, gum inhibitors, viscosity improvers, anti-corrosive preparations and other prepared additives, for mineral oils (including gasoline) or for other liquids used for the same purposes as mineral oils from?
Top trading partners (import of "Anti-knock preparations, oxidation inhibitors, gum inhibitors, viscosity improvers, anti-corrosive preparations and other prepared additives, for mineral oils (including gasoline) or for other liquids used for the same purposes as mineral oils") of Nigeria in 2023:
- USA with a share of 51% (18.9 million US$)
- France with a share of 10.3% (3.83 million US$)
- United Kingdom with a share of 7.03% (2.61 million US$)
- United Arab Emirates with a share of 6.03% (2.24 million US$)
- China with a share of 5.22% (1.94 million US$)
- India with a share of 5.07% (1.88 million US$)
- Belgium with a share of 3.9% (1.45 million US$)
- South Africa with a share of 2.77% (1.02 million US$)
- Italy with a share of 2.1% (782 thousand US$)
- Egypt with a share of 1.67% (621 thousand US$)
Imports structure of 3811 - Anti-knock preparations, oxidation inhibitors, gum inhibitors, viscosity improvers, anti-corrosive preparations and other prepared additives, for mineral oils (including gasoline) or for other liquids used for the same purposes as mineral oils - to Nigeria in 2023 represented by the following main commodity groups:
- 41% (15.3 million US$): 381190 - Oxidation inhibitors, gum inhibitors, viscosity improvers, anti-corrosive preparations (excl. of 3811.21 & 3811.29)
- 27% (10.2 million US$): 381121 - Additives for lubricating oils cont. petroleum oils/oils obt. from bituminous mins
- 22% (8.2 million US$): 381119 - Anti-knock preparations other than those based on lead compounds
- 8.02% (2.97 million US$): 381129 - Additives for lubricating oils (excl. of 3811.21)
- 0.818% (303 thousand US$): 381111 - Anti-knock preparations based on lead compounds
