Nigeria Export Data

Nigeria Export Data

Nigeria is a West African country with an Atlantic coastline that is bounded by Benin, Niger, Chad, and Cameroon. Abuja is its major city and capital. Nigeria's GDP was around USD 472.6 billion in 2024. According to Nigeria's export data, Nigeria's overall export value was ₦77.44 trillion (~USD 97.7 billion), placing it in 33rd place. At 88.3% (~₦68.3 trillion), oil and petroleum products accounted for the majority of exports. China accounted for 22.7% of all exports, with the Netherlands and Belgium following closely after.

As per Nigeria trade data, Nigeria's export economy is still mostly dependent on oil despite continuous efforts to diversify, even if agricultural products and raw materials are becoming more and more important.

33

33rd largest exporter in the world.

3.8%

Accounts for approximately 3.8% of global exports.

China

China is Nigeria's largest export partner.

Oil and Petroleum Products

Crude oil and petroleum products dominate exports.

 

Top 10 Export Products of Nigeria

As per Nigeria trade statistics, Crude oil and petroleum products, which make up around 88% of total exports, dominate Nigeria's export economy. A minor but significant portion of the export mix is made up of manufactured items like urea and chemicals, as well as agricultural products like cocoa.

  • Mineral fuels & oils (HS 27): USD 86.06 B (88.3%)
  • Agricultural products – incl. Cocoa beans (HS 18, HS 10, HS 12): USD 7.22 B (5.73%)
  • Manufactured goods (Various HS Codes): USD 2.89 B (2.95%)
  • Others (including LNG, Urea, etc.): Included in above totals
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Top 10 Export Trading Partners of Nigeria

Nigeria's top export market is China, which is followed by important European nations including Belgium, France, and the Netherlands. Nigeria's strategic resource export strategy is reflected in these countries' primary imports of oil, gas, and agricultural goods.

  • China: USD 22.12 billion (22.7%)
  • Netherlands: USD 10.21 billion (10.4%)
  • Belgium: USD 10.09 billion (10.3%)
  • India: USD 7.70 billion (7.9%)
  • United States: USD 5.45 billion (5.6%)
  • France: USD 4.85 billion (5%)

What Details Contain In Nigeria Export Data?

All shipments by land, air, and sea are covered by the 100% comprehensive customs detailed data for Nigeria. Gain access to a sizable dataset with crucial trade attributes that enable in-depth analysis at every level. Businesses, analysts, and politicians may monitor all facets of export operations with this comprehensive data, from product descriptions and shipment sources to pricing and modes of transportation. Users may pinpoint market opportunities, analyze supplier performance, and spot sourcing patterns with full insight into every transaction. This information is a vital starting point for strategic decision-making, whether you're keeping an eye on rivals or preparing to enter the Nigerian market. The data contains all required fields:

  • Exporter Name
  • Exporter Address
  • Importer Name
  • Importer Address
  • Shipping Bill Number
  • Shipping Bill Date
  • Declaration Number
  • HS Code
  • Product Description
  • FOB Value
  • CIF Value
  • Manufacturing Country
  • Destination Country
  • Net Weight
  • Gross Weight
  • Quantity
  • Unit
  • Currency & Incoterms
  • Mode of Transportation
  • Port of Loading
  • Port of Unloading
  • Email
  • Contact

Benefits of Nigeria Export data in your business

  • Use this information to investigate the global market: Learn important information about the Nigerian export market and find international vendors.
  • Business Decision: Make well-informed choices supported by correct, up-to-date facts.
  • Reduce Risk: To assess possible hazards, examine shipping data from the past and current periods.
  • Extremely Accurate Data: Obtained from verified customs sources, guaranteeing dependability and validity.
  • Monitor Competitor Business: Determine the sourcing and supply networks of rival companies.
  • Stay Ahead in Pricing Strategy: Use accurate FOB/CIF data to maintain competitive pricing.

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Frequently Asked Questions

According to Nigeria export data, the country’s top export is mineral fuels & oils (HS 27), mainly crude oil and petroleum products. These accounted for a dominant 88.3% of Nigeria’s total exports in 2024, underlining the country’s reliance on its energy sector in global trade.

In the African context, based on Nigeria customs data, South Africa is often seen as the next major manufacturing hub after Nigeria. While Nigeria’s export economy is heavily oil-focused, South Africa leads in industrial production, vehicles, and processed goods, as reflected in African trade data.

As per Nigeria trade data, Nigeria is working to deepen trade ties with countries like China, India, and France. China remains its top export partner (22.7%), and bilateral efforts are underway to diversify Nigeria's export offerings beyond just oil and gas.

Nigeria is actively participating in the African Continental Free Trade Area (AfCFTA). This regional trade agreement helps Nigeria reduce tariff barriers, expand non-oil exports, and enhance intra-African trade, improving competitiveness in global export data rankings.

You can access detailed Nigeria export import data through Import Globals, a verified Vietnam Export Data Provider. It offers accurate shipment-level records, HS codes, exporter/importer names, and pricing insights for comprehensive customs trade data analysis.

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