Crude petroleum, Petroleum gas, Refined petroleum, Breaker Vessels, Nuts
BUSINESS OPPORTUNITIES IN NIGERIA
Imports in Nigeria amounted to around $8.4 billion in 2019, which was a decrease of -48.5%since 2015 and -13% between 2018 and 2019. The exports of Nigeria fell by 33.5% to NGN 965.6 billion in the month of March of 2020. This is the lowest value since March 2017. The country’s main export products faced this low. On the other hand, imports of Nigeria increased by 12.6% to NGN 1127 billion as of March 2020. A lot of products like crude oil and vehicles were increasingly imported
The main exports of Nigeria are oil and natural gas, which account for more than 91% of the total exports of the country. The top export partners of Nigeria are Europe, Asia, America and Africa.
The main imports of Nigeria are industrial supplies, capital goods, food and beverage, fuel and lubricants, transport equipment and parts and consumer goods. The main import partners of the country are Asia, Europe, America and Africa.