Trade Data
29-11-2023
Nigeria's merchandise imports in 2022 totaled $60 billion. Compared to $52 billion in 2021, Nigeria's merchandise imports grew by 16.5%.
The latest Tendata iTrader data shows that Nigeria's top 10 imports based on the 2-digit HS code are:
· 27 (39.0%, 24 billion):Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
· 84 (11.3%, 6.88 billion):Nuclear reactors, boilers, machinery and mechanical appliances; parts
· 85 (5.73%, 3.47 billion):Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories
· 87 (5.38%, 3.26 billion):Vehicles
· 39 (3.84%, 2.33 billion):Plastics and articles thereof
· 10 (3.75%, 2.27 billion):Cereals
· 99 (2.33%, 1.41 billion):Commodities not specified according to kind
· 90 (2.02%, 1.22 billion):Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus
· 30 (1.74%, 1.05 billion):Pharmaceutical products
· 38 (1.70%, 1.03 billion):Miscellaneous chemical products
When you need to analyze the market for the Nigeria industry, you can search Tendata's import/export database for the latest Nigeria Importers by product name or 2-digit HS code.
According to Tendata iTrader's more granular 4-digit HS codes, Nigeria's top 10 imports (sub-categorized) are:
· 2710 (38.0%, $23 billion):Petroleum oils and oils from bituminous minerals, not crude; waste oils
· 1001 (3.74%, $2.27 billion):Wheat and meslin.
· 8703 (2.28%, $1.38 billion):Motor cars and other motor vehicles principally designed for the transport of persons
· 8481 (1.60%, $976 billion):Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves
· 1701 (1.39%, $847 billion):Cane or beet sugar and chemically pure sucrose, in solid form
· 3004 (1.36%, $830 billion):Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic uses
· 8517 (1.27%, $775 billion):Electrical apparatus for line telephony or line telegraphy; videophones
· 0303 (1.12%, $680 billion):Fish, frozen, excluding fish fillets and other fish meat of heading 03.04.
· 3808 (1.04%, $636 billion):Insecticides, rodenticides, fungicides, herbicides, anti-sprouting products and plant-growth regulators, disinfectants and similar products
When you need to check the Nigeria prospects for your products, you can find the latest Nigeria Importers in Tendata's Import/Export database by following the 4-digit HS code.Below is a sample of what is available for you (data as of October 2023):
The latest Tendata iTrader data shows that Nigeria's main import partners are:
1. China (22%, 13.7 billion US$)
2. Netherlands (10.3%, 6.28 billion US$)
3. Belgium (10.3%, 6.26 billion US$)
4. India (7.92%, 4.8 billion US$)
5. USA (5.56%, 3.37 billion US$)
6. Korea (3.47%, 2.1 billion US$)
7. Norway (3.27%, 1.98 billion US$)
8. United Arab Emirates (2.74%, 1.66 billion US$)
9. France (2.62%, 1.59 billion US$)
10. United Kingdom (2.24%, 1.36 billion US$)
When you want to find out if your country is working with Nigeria, you can search Tendata's import/export database for the latest Nigeria Importers by country name, and here is a sample of what we have found for you (data as of October 2023):
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