Contents
What does Nigeria export to China?
| Nigeria Exports to China | Value | Year |
|---|---|---|
| Mineral fuels, oils, distillation products | $1.54B | 2019 |
| Oil seed, oleagic fruits, grain, seed, fruits | $46.38M | 2019 |
| Ores slag and ash | $22.98M | 2019 |
| Ships, boats, and other floating structures | $21.97M | 2019 |
What do we export most to China?
Aircraft, soybeans, motor vehicles and microchips are top U.S. exports to China. Since 2001, the share of these exports going to China has increased sharply. Soybeans and motor vehicles are targets of recent Chinese tariffs. Production of these two exports is geographically concentrated.
What is Nigeria’s main export?
oil
Nigeria is one of Africa’s largest economies and it’s leading oil exporter, with the largest natural gas reserves. Other export commodities are cocoa and rubber. The country’s economic growth is mainly driven by strong performance in the agricultural, trade, telecommunications, manufacturing and the film industries.
What is Nigeria’s most profitable export?
Nigeria’s biggest export is crude oil, a commodity that represents three-quarters (75.4%) of its total exported goods by value.
What does Nigeria import the most?
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%)
What products originated China?
List of exports of China
| # | Product | Value |
|---|---|---|
| 1 | Computers | 210.231 |
| 2 | Broadcasting equipment | 110.979 |
| 3 | Telephones | 91.759 |
| 4 | Office Machine Parts | 47.079 |
What is Nigeria second largest export?
Biggest Exports of Nigeria
| Rank | Export | Amount (Total % of Exports) |
|---|---|---|
| 1 | Crude Petroleum | 76 |
| 2 | Petroleum Gas | 14 |
| 3 | Refined Petroleum | 1.7 |
What do Nigerians import the most?
What Nigeria import most?
Imports The top imports of Nigeria are Refined Petroleum ($10B), Cars ($1.57B), Wheat ($1.48B), Laboratory Glassware ($1.45B), and Packaged Medicaments ($1.32B), importing mostly from China ($15.5B), Netherlands ($5.91B), India ($3.76B), United States ($3.22B), and Belgium ($2.81B).
What can I export from Nigeria to other countries?
List Of 20 Items You Can Export From Nigeria And Make Dollars
- Ginger. Ginger is one of the most traded spices in the world which Nigeria happens to be among the largest producers.
- Palm Kernel Oil.
- Textiles and Garments.
- Cocoa Butter.
- Gallstone.
- Rubber.
- Sesame Seed.
- Honey.
Which country does Nigeria export most goods to?
Top 10 Export Countries
| Country | Export USD$ |
|---|---|
| United States | $2,822,001,613 |
| Italy | $2,128,111,262 |
| China | $1,665,029,549 |
| Indonesia | $1,478,760,517 |
Where does Nigeria Export most of its products?
This means, in just one quarter, revenue made rose by N5.7 billion. Top destinations for the product include Japan, China, Turkey, India, and Vietnam. Japan is the biggest destination for the product in the first quarter, recording N8.15 billion of Nigeria’s export product.
What does the Barchart show about Nigeria exports?
The barchart show only products that Nigeria is not specialized in. The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports.
Which is the second largest agricultural product in Nigeria?
Good fermented Nigerian cocoa beans: In the first quarter of 2019, Nigeria’s fermented cocoa beans ranks the second-biggest agricultural product export as it generated the sum of N20.1 billion. Although there is a decline in the revenue made from the export of fragmented cocoa during the quarter, in Q4 2018, Nigeria made the sum of N24.9 billion.
Who are the top trade partners of Nigeria?
The top export destinations of Nigeria are India ($8.25B), the United States ($6.68B), Spain ($4.54B), France ($2.81B) and the Netherlands ($2.3B). The top import origins are China ($9.6B), Belgium-Luxembourg ($3.03B), the Netherlands ($2.83B), South Korea ($2.18B) and the United States ($2.04B).