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nigeria Trade Data Intelligence

nigeria accounted for nearly 0.48% of global imports and 0.29% of global exports, worldwide in 2020.

$70.53 B
Exports value in 2020
$110.85 B
Imports value in 2020
-$40.31 B
Trade Surplus in 2020

The top 5 countries where nigeria exportedin 2020 are India ($10.58 B), Spain ($7.66 B), Netherlands ($6.08 B), South Africa ($5.37 B) and China ($3.54 B).

The biggest import sources of nigeria are China ($31.81 B), India ($8.81 B), Netherlands ($8.69 B), united states ($5.06 B) and USA ($5.02 B).

nigeria's Exports 2020 - Top 5 countries

India

$10.58 B

Spain

$7.66 B

Netherlands

$6.08 B

South Africa

$5.37 B

China

$3.54 B
nigeria's Imports 2020 - Top 5 countries

China

$31.81 B

India

$8.81 B

Netherlands

$8.69 B

united states

$5.06 B

USA

$5.02 B
Top 5 products nigeria exports

Product: Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

HS Code: 27

Trade Value: $62.46 B

Product: Ships, boats and floating structures

HS Code: 89

Trade Value: $4.48 B

Product: Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruit, industrial or medicinal plants; straw and fodder

HS Code: 12

Trade Value: $731.61 M

Product: Cocoa and cocoa preparations

HS Code: 18

Trade Value: $720.95 M

Product: Fertilizers

HS Code: 31

Trade Value: $386.00 M

Top 5 products nigeria imports

Product: Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

HS Code: 84

Trade Value: $20.66 B

Product: Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

HS Code: 27

Trade Value: $17.18 B

Product: Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof

HS Code: 87

Trade Value: $11.20 B

Product: Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles

HS Code: 85

Trade Value: $7.74 B

Product: Pharmaceutical products

HS Code: 30

Trade Value: $5.82 B

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Global trade data intelligence

1 Billion+
US and other countries' shipments

10 Million+
Global Buyers & Suppliers

$5 Trillion+
Annual Goods Trade

5000+
HS Codes with more than 10 years global trade trends

40+
Data points for each shipment

400K+
New shipments being added everyday