Q&A

What goods does Nigeria import?

What goods does Nigeria import?

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 resources do Nigeria have?

Apart from petroleum, Nigeria’s other natural resources include natural gas, tin, iron ore, coal, limestone, niobium, lead, zinc and arable land.

What are Nigeria’s major imports and exports?

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 are three countries that Nigeria imports products from?

Nigeria Product Imports by country In 2019, the top partner countries from which Nigeria Imports All Products include China, India, United States, Netherlands and Belgium.

Does Nigeria import fish?

Nigeria is the fourth largest importer of fish in the world, following China, Japan and the United States. The country’s top suppliers are the United States and Chile, but fish is also sourced from Europe, Asia, and a few African countries, including Mauritania, Algeria, and Mauritius.

Does South Africa import oil from Nigeria?

South Africa Imports from Nigeria of Crude Oil was US$2.14 Billion during 2020, according to the United Nations COMTRADE database on international trade.

Does Nigeria import ginger?

Imports of commodity group 0910 “Ginger, saffron, turmeric (curcuma), thyme, bay leaves, curry and other spices.” accounted for 0.041% of total import flow to Nigeria (in 2020, total imports to Nigeria amounted to $ 55 billion).

Does Nigeria import catfish?

The Nigerian Government must take immediate action to overturn a US ban on catfish imports from the west African country, according to the president of the Catfish Farmers’ Association of Nigeria (CAFAN), Rotimi OIoye.