Top Export-Import Destinations for Nigeria

The top export destinations of Nigeria are India ($6.62B), the United States ($4.42B), Spain ($3.2B), France ($2.17B) and South Africa ($2.08B).
The top import origins are China ($8.93B), Belgium- Luxembourg ($4.02B), the Netherlands ($2.93B), the United States ($2.36B), and India (1.86B).
Major Nigerian imports include; machinery, heavy equipment, ICT accessories, consumer goods, textiles and food products.
Nigeria exports 51 products with revealed comparative advantage (meaning that its share of global exports is larger than what would be expected from the size of its export economy and from the size of a product’s global market)
Tags:
, , , , , ,
Share this post on:

You may also like

Official Charge For The Month Of June
June 1, 2023
Export Financing
May 25, 2023
Nigeria’s Export Potentials with PEA
May 25, 2023

Leave a reply

Your email address will not be published. Required fields are marked *

Palmadex Products

About Palmadex

Palmadex is a fully registered company by the Nigerian Government to engage in non–oil export of agricultural products and import of chemicals, apparels and clothing accessories. The company is registered by the following government agencies:
· Corporate Affairs Commission (CAC) with registration no: RC1247679
· Nigerian Export Promotion Council (NEPC) with registration no : EXC 11077

Corporate short media