Nigeria | Imports and Exports | World | Ships, boats and floating structures | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 89 "Ships, boats and floating structures" from Nigeria totalled $ 198 million in 2023. Sales of commodity group 89 from Nigeria decreased by 74% in value terms compared to 2022. exports of commodity group 89 "Ships, boats and floating structures" decreased by $ 576 million (cumulative exports of commodity group 89 from Nigeria amounted $774 million in 2022)
Exports of commodity group 89 "Ships, boats and floating structures" amounted to 0.304% of total exports from Nigeria (cumulative merchandise exports from Nigeria totalled $ 65 billion in 2023). The share of commodity group 89 in total exports from Nigeria decreased by 0.916 p.p. compared to 2022 (it was 1.22% in 2022 and cumulative exports from Nigeria were equal to $ 63 billion).
Exports of commodity group 89 amounted to 99% of total sales of group 89 "Ships, boats and floating structures" from Nigeria in 2023 (the value of exports of commodity group 89 from Nigeria amounted to $198 million in 2023). The share of exports of commodity group 89 in sales of commodity group 89 from Nigeria lowered by 0 p.p. compared to 2022 (it was 100% in 2022, and exports of commodity group 89 from Nigeria were $774 million).
Where does Nigeria export Ships, boats and floating structures?
Top export destinations of "Ships, boats and floating structures" from Nigeria in 2023:
- Cameroon with a share of 26% (52 million US$)
- Ghana with a share of 18.9% (37 million US$)
- Spain with a share of 12.6% (25 million US$)
- Malaysia with a share of 12.4% (24 million US$)
- Netherlands with a share of 7.99% (15.8 million US$)
- Gabon with a share of 7.79% (15.4 million US$)
- Equatorial Guinea with a share of 5.07% (10 million US$)
- China with a share of 4.1% (8.14 million US$)
- Liberia with a share of 1.44% (2.86 million US$)
- Italy with a share of 1.27% (2.53 million US$)
Exports structure of 89 - Ships, boats and floating structures - from Nigeria in 2023 represented by the following main commodity groups:
- 43% (85 million US$): 8908 - Vessels and other floating structures for breaking up
- 39% (78 million US$): 8901 - Cruise ships, excursion boats, ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods
- 12.8% (25 million US$): 8905 - Light-vessels, fire-floats, dredgers, floating cranes and other vessels the navigability of which is subsidiary to their main function; floating docks; floating or submersible drilling or production platforms
- 4.14% (8.22 million US$): 8904 - Tugs and pusher craft
- 0.092% (183 thousand US$): 8906 - Other vessels, including warships and lifeboats other than rowing boats
The value of imports of commodity group 89 "Ships, boats and floating structures" to Nigeria totalled $ 146 million in 2023. Sales of commodity group 89 to Nigeria went up by 29% compared to 2022: imports of commodity group 89 "Ships, boats and floating structures" went up by $ 33 million (the value of imports of commodity group 89 to Nigeria was equal to $113 million in 2022)
Imports of commodity group 89 "Ships, boats and floating structures" accounted for 0.225% of total import flow to Nigeria (in 2023, total imports to Nigeria amounted to $ 65 billion). The share of commodity group 89 in total imports to Nigeria increased by 0.038 p.p. compared to 2022 (it was 0.187% in 2022 and cumulative imports to Nigeria were equal to $ 60 billion).
Where does Nigeria import Ships, boats and floating structures from?
Top trading partners (import of "Ships, boats and floating structures") of Nigeria in 2023:
- China with a share of 24% (35 million US$)
- Netherlands with a share of 19.5% (28 million US$)
- Singapore with a share of 18.6% (27 million US$)
- USA with a share of 8.64% (12.6 million US$)
- South Africa with a share of 8.28% (12.1 million US$)
- Spain with a share of 4.41% (6.48 million US$)
- United Kingdom with a share of 3.99% (5.86 million US$)
- Cameroon with a share of 2.92% (4.28 million US$)
- Côte d`Ivoire with a share of 2.61% (3.83 million US$)
- Seychelles with a share of 2.11% (3.1 million US$)
Imports structure of 89 - Ships, boats and floating structures - to Nigeria in 2023 represented by the following main commodity groups:
- 44% (65 million US$): 8901 - Cruise ships, excursion boats, ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods
- 26% (39 million US$): 8905 - Light-vessels, fire-floats, dredgers, floating cranes and other vessels the navigability of which is subsidiary to their main function; floating docks; floating or submersible drilling or production platforms
- 9.26% (13.6 million US$): 8904 - Tugs and pusher craft
- 6.38% (9.38 million US$): 8908 - Vessels and other floating structures for breaking up
- 5.91% (8.68 million US$): 8903 - Yachts and other vessels for pleasure or sports; rowing boats and canoes
- 5.84% (8.57 million US$): 8906 - Other vessels, including warships and lifeboats other than rowing boats
- 1.58% (2.32 million US$): 8907 - Other floating structures (for example, rafts, tanks, coffer-dams, landing-stages, buoys and beacons)
- 0.026% (39 thousand US$): 8902 - Fishing vessels; factory ships and other vessels for processing or preserving fishery products
