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Nigeria – Trade Statistics

  • The top exports of Nigeria are Crude Petroleum ($74B), Petroleum Gas ($13.2B), Refined Petroleum ($4.23B), Pyrophoric Alloys ($1.9B) and Special Purpose Ships ($1.25B), etc. The net export value is $99B .
  • The top export destinations of Nigeria are India ($15.2B), Spain ($9.7B), Brazil ($8.77B), the Netherlands ($5.59B) and France ($5.48B), etc.
  • The top imports of Nigeria are Refined Petroleum ($7.83B), Cars ($1.75B), Wheat ($1.46B), Motorcycles ($877M) and Iron Structures ($780M) etc. The net import value is $44.9B.
  • The top import origins are China ($13.6B), the United States ($5.54B), the Netherlands ($3.4B), India ($2.98B) and Belgium-Luxembourg ($2.59B), etc
  • Nigeria holds a place of 169th out of 189 popular countries(economically) in case of doing a business in country. ‘Protecting Minority Investors’ is one of the topics in which Nigeria has decreased it’s ranking from 33 to 20. But the country has increased it’s ranking from 131 to 139 in case of ‘Starting a Business’.