Annual International Trade Statistics by Country
Publication date: 2020-11-15
Reporting period: 2002 - 2019
Timeseries: 175 million
Source:TrendEconomy
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Nigeria | Imports and Exports | World | ALL COMMODITIES | Netweight (kg); Quantity and Value (US$) | 2008 - 2019

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Commodity Reporter Partner Trade flow Indicator 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
TOTAL. ALL COMMODITIES Nigeria World Exports Value (US$) 81 820 518 366.00 49 937 459 606.00 86 567 912 529.00 125 641 031 180.00 143 151 182 808.00 90 554 484 841.00 102 878 499 711.00 32 883 045 467.00 44 466 366 757.00 62 399 742 736.00 53 617 812 190.00
Imports Value (US$) 28 193 597 338.00 33 906 281 580.00 44 235 268 667.00 63 971 541 901.00 35 872 509 437.00 44 598 201 120.00 46 532 265 378.00 35 194 301 007.00 31 270 090 265.00 43 011 523 214.00 47 369 076 912.00

The value of merchandise exports from Nigeria totalled $ 53 billion in 2019. Overall commodity exports from Nigeria decreased by 14% compared to 2018. Merchandise exports decreased by $ 8.78 billion (the value of merchandise exports from Nigeria amounted to $62 billion in 2018)

Nigeria's exports 2019 by country

Top export destinations of commodities from Nigeria in 2019:

  • India with a share of 15.4% (8.26 billion US$)
  • Spain with a share of 9.91% (5.31 billion US$)
  • Netherlands with a share of 9.07% (4.86 billion US$)
  • Ghana with a share of 7.46% (4 billion US$)
  • France with a share of 6.62% (3.55 billion US$)
  • South Africa with a share of 5.87% (3.15 billion US$)
  • USA with a share of 5.26% (2.82 billion US$)
  • Italy with a share of 3.96% (2.12 billion US$)
  • China with a share of 3.1% (1.66 billion US$)
  • Indonesia with a share of 2.75% (1.47 billion US$)

Exports structure from Nigeria in 2019 represented by the following main commodity groups:

  • 87% (46 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 5.93% (3.18 billion US$): 89 - Ships, boats and floating structures
  • 3.91% (2.09 billion US$): 83 - Miscellaneous articles of base metal
  • 0.58% (311 million US$): 18 - Cocoa and cocoa preparations
  • 0.559% (300 million US$): 12 - Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder
  • 0.283% (151 million US$): 31 - Fertilizers
  • 0.21% (113 million US$): 08 - Edible fruit and nuts; peel of citrus fruit or melons
  • 0.193% (103 million US$): 24 - Tobacco and manufactured tobacco substitutes
  • 0.14% (75 million US$): 41 - Raw hides and skins (other than fur skins) and leather
  • 0.13% (69 million US$): 88 - Aircraft, spacecraft, and parts thereof

What did Nigeria export in 2019?

Nigeria's Top Exports in 2019:

  • 76% ($41 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude.
  • 10.1% ($5.43 billion): 2711 - Petroleum gases and other gaseous hydrocarbons.
  • 4.2% ($2.25 billion): 8908 - Vessels and other floating structures for breaking up.
  • 3.9% ($2.09 billion): 8307 - Flexible tubing of base metal, with or without fittings.
  • 1.3% ($698 million): 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.
  • 0.548% ($294 million): 1207 - Other oil seeds and oleaginous fruits, whether or not broken.
  • 0.463% ($248 million): 1801 - Cocoa beans, whole or broken, raw or roasted.
  • 0.381% ($204 million): 8901 - Cruise ships, excursion boats, ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods.
  • 0.283% ($151 million): 3102 - Mineral or chemical fertilisers, nitrogenous.
  • 0.209% ($112 million): 0801 - Coconuts, Brazil nuts and cashew nuts, fresh or dried, whether or not shelled or peeled.

The value of merchandise imports to Nigeria totalled $ 47 billion in 2019. Merchandise imports to Nigeria increased by 10.1% compared to 2018. Goods imports grew up by $ 4.35 billion in 2019 (the value of merchandise imports to Nigeria was equal to $43 billion in 2018)

Nigeria's imports 2019 by country

Top trading partners (import sources) of Nigeria in 2019:

  • China with a share of 25% (12 billion US$)
  • India with a share of 12% (5.7 billion US$)
  • USA with a share of 9.87% (4.67 billion US$)
  • Netherlands with a share of 7.37% (3.49 billion US$)
  • Belgium with a share of 5.01% (2.37 billion US$)
  • Swaziland with a share of 3.28% (1.55 billion US$)
  • Germany with a share of 3.07% (1.45 billion US$)
  • United Kingdom with a share of 2.83% (1.34 billion US$)
  • United Arab Emirates with a share of 2.53% (1.19 billion US$)
  • Korea with a share of 2.14% (1.01 billion US$)

Imports structure to Nigeria in 2019 represented by the following main commodity groups:

  • 18.9% (8.97 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 15.5% (7.37 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 11.8% (5.62 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 7.83% (3.71 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 7.08% (3.35 billion US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 3.23% (1.53 billion US$): 39 - Plastics and articles thereof
  • 3.18% (1.5 billion US$): 70 - Glass and glassware
  • 3.06% (1.45 billion US$): 30 - Pharmaceutical products
  • 2.74% (1.3 billion US$): 10 - Cereals
  • 2.12% (1 billion US$): 73 - Articles of iron or steel

What did Nigeria import in 2019?

Nigeria's Top Imports in 2019:

  • 14.9% ($7.06 billion): 2710 - Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils.
  • 5.7% ($2.7 billion): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars.
  • 5.52% ($2.61 billion): 9018 - Instruments and appliances used in medical, surgical, dental or veterinary sciences, including scintigraphic apparatus, other electro-medical apparatus and sight-testing instruments.
  • 3.05% ($1.44 billion): 7017 - Laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrated.
  • 2.9% ($1.37 billion): 8711 - Motorcycles (including mopeds) and cycles fitted with an auxiliary motor, with or without side-cars; side-cars.
  • 2.67% ($1.26 billion): 1001 - Wheat and meslin.
  • 1.81% ($858 million): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale.
  • 1.64% ($779 million): 4907 - Unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognised face value; stamp-impressed paper; banknotes; cheque forms; stock, share or bond certificates and similar documents of title.
  • 1.63% ($776 million): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones.
  • 1.4% ($665 million): 8502 - Electric generating sets and rotary converters.

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Nigeria | Imports and Exports | World | ALL COMMODITIES | Netweight (kg); Quantity and Value (US$) | 2008 - 2019