What does Nigeria import the most?

HS Code Import USD$
(84) Industrial Machinery $8,965,842,572
(27) Oil & Mineral Fuels $7,371,317,211
(87) Motor Vehicles & Parts $5,625,687,386
(85) Electrical Machinery $3,717,637,037

What is Nigeria’s biggest import?

Top 10

  • Machinery including computers: US$9.9 billion (18.6% of total imports)
  • Mineral fuels including oil: $8.2 billion (15.4%)
  • Vehicles: $5.3 billion (10.1%)
  • Electrical machinery, equipment: $3.7 billion (7%)
  • Pharmaceuticals: $2.8 billion (5.3%)
  • Plastics, plastic articles: $2.4 billion (4.5%)
  • Cereals: $2.2 billion (4.2%)

1.04.2021

What does Nigeria import from other countries?

Nigeria mainly imports from China, U.S, and India. The nation’s main imports are:

  • Machinery.
  • Chemical.
  • Transport equipment.
  • Manufactured goods.
  • Food and live animals.

3.02.2021

Which country is the top imports into Nigeria?

Nigeria’s imports 2019 by country

Top trading partners (import sources) of Nigeria in 2019: China with a share of 25% (12 billion US$) India with a share of 12% (5.7 billion US$) USA with a share of 9.87% (4.67 billion US$)

What is Nigeria’s main export?

Exports: The top exports of Nigeria are Crude Petroleum ($46B), Petroleum Gas ($7.78B), Scrap Vessels ($2.26B), Flexible Metal Tubing ($2.1B), and Cocoa Beans ($715M), exporting mostly to India ($10.5B), Spain ($6.32B), United States ($4.68B), France ($4.37B), and Ghana ($4.04B).

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Which country is Nigeria largest trading partner?

Main import trading partners of Nigeria as of the 4th quarter of 2020

Characteristic Share of import value
China 28.28%
United States 8.54%
Netherlands 7.57%
India 7.16%

What country does Nigeria export most to?

The top export destinations for Nigerian products are India ($10 billion), Spain ($6.12 billion), United States ($5.74 billion), France ($4.02 billion), and South Africa ($3.87 billion).

Is Nigeria richer than Italy?

Nigeria has a GDP per capita of $5,900 as of 2017, while in Italy, the GDP per capita is $38,200 as of 2017.

Which country import the most?

This is a list of countries by total imports, based on the International Trade Centre.

List of countries by imports.

Country Imports (millions of $) Year
United States 2,407,543 2020
EU 2,335,303 2018
China 2,055,590 2020
Germany 1,171,857 2020

What food does Nigeria import?

Nigeria relies on imports to meet its food and agricultural product needs (mostly wheat, rice, poultry, fish, food services, consumer-oriented foods, etc.) worth about $10 billion annually. Europe, Asia, the United States, South America and South Africa are major sources for agricultural imports.

What is the official language of Nigeria?

English

What is Nigeria known for?

Welcome to Nigeria

Nigeria is the most populous black nation on Earth. It is home to the second largest film industry on the globe whilst also being the fashion, technological and creative hub in Africa. Nigerians are known for their vibrant and friendly energy expressed through diverse creative expressions.

What can I import to Nigeria?

Hot-Selling Oil and Gas Products To Import Into Nigeria

  • AGO (Automotive Gas Oil)
  • DPK (Dual Purpose Kerosene)
  • PMS (Premium Motor Spirit)
  • Petrochemicals.
  • Cooking gas.
  • Coal tar oils.
  • Coal, solid fuels made from coal.
  • Lignite.
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26.08.2017

What is the richest country in Africa?

1 | NIGERIA – THE RICHEST COUNTRY IN AFRICA (GDP: $446.543 Billion) GDP: $446.543 Billion (nominal, 2019 est.)

Is Nigeria richer than India?

India has a GDP per capita of $7,200 as of 2017, while in Nigeria, the GDP per capita is $5,900 as of 2017.

How safe is Nigeria?

There is a high level of crime throughout Nigeria, including armed robbery, kidnapping for ransom, home invasions, carjacking and violent assault. Criminal activity is high in urban areas, including the city of Lagos, as well as on the northern border with Niger and Chad.

Across the Sahara