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Trade

Exports that depend on one product: oil, gas, coal

Nigeria: in 2024, oil, gas, coal made up 85.8 % of goods exports, the five main chapters 93.9 %. The first clients were Spain and India; 11.9 % of exports went to other African countries.

Exports of goods · 2024
63.7 bn$
−11.7 % since 2022
Imports of goods · 2024
51.0 bn$
trade surplus of 12.7 bn$
First export
85.8 %
Oil, gas, coal · highly concentrated
Exports to Africa
11.9 %
African median: 10.7 %

Main exports

Share of exports of goods, by HS chapter · 2024

Main clients

Share of exports of goods · 2024

Main suppliers: China 31.5 %, United States 9.1 %, Belgium 8.6 %, India 6.0 %, Netherlands 3.5 %

Source: CEPII, BACI (version 202601, HS22 nomenclature), Licence Ouverte Etalab 2.0 · goods only, re-exports included · chapters, shares and concentration: Syli Atlas calculation