Trade Data
29-11-2023
Nigeria's merchandise exports totaled $63 billion in 2022. Nigeria's merchandise exports grew 34% from $47 billion in 2021.
The latest Tendata iTrader data shows that the top 10 Nigerian exports based on the 2-digit HS code are:
· 27 (90.0%, 57 billion):Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
· 31 (3.02%, 1.92 billion):Fertilizers
· 89 (1.22%, 774 billion):Ships, boats and floating structures
· 18 (1.07%, 680 billion):Cocoa and cocoa preparations
· 12 (0.62%, 398 billion):Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder
· 76 (0.44%, 281 billion):Aluminum and articles
· 08 (0.39%, 247 billion):Edible fruit and nuts; peel of citrus fruit or melons
· 71 (0.23%, 150 billion):Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
· 24 (0.23%, 150 billion):Tobacco and manufactured tobacco substitutes
· 74 (0.23%, 149 billion):Copper and articles
When you need to analyze the market for the Nigeria industry, you can find the latest Nigeria Exporters in Tendata's import/export database by product name or 2-digit HS code.
According to Tendata iTrader's more granular 4-digit HS code, Nigeria's top 10 exports (sub-categorized) are:
· 2709 (78.0%, $49 billion):Petroleum oils and oils obtained from bituminous minerals, crude
· 2711 (11.6%, $7.39 billion):Petroleum gases and other gaseous hydrocarbons
· 3102 (3.02%, $1.91 billion):Mineral or chemical fertilisers, nitrogenous
· 8905 (0.97%, $617 billion):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
· 1801 (0.87%, $555 billion):Cocoa beans
· 1207 (0.54%, $342 billion):Other oil seeds and oleaginous fruits
· 7601 (0.40%, $256 billion):Unwrought aluminium
· 0801 (0.38%, $246 billion):Coconuts, Brazil nuts and cashew nuts, fresh or dried
· 2716 (0.24%, $156 billion):Electrical energy
· 7108 (0.23%, $150 billion):Gold
When you need to check potential Nigerian customers for a product, you can look up the latest Nigeria Exporters in Tendata's import/export database by following the 4-digit HS code.Below is a sample of the search (data as of October 2023) for you:
The latest Tendata iTrader data shows that Nigeria's main export partners are:
1.India (12.6%, 8.01 billion US$)
2.Spain (11.9%, 7.58 billion US$)
3. Netherlands (9.59%, 6.08 billion US$)
4. Indonesia (7.42%, 4.7 billion US$)
5. USA (6.95%, 4.4 billion US$)
6. France (5.76%, 3.65 billion US$)
7. Italy (4.15%, 2.63 billion US$)
8. Côte d`Ivoire (3.35%, 2.13 billion US$)
9. Canada (2.99%, 1.89 billion US$)
10. Portugal (2.95%, 1.87 billion US$)
When you want to find out if your country is cooperating with Nigeria, you can search Tendata's import/export database for the most recent Nigeria Exporters by country name.The following is a sample of what is available to you (data as of October 2023):
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