Which country is the largest trading partner of Nigeria?

Which country is the largest trading partner of Nigeria?

In the fourth quarter of 2021, Nigeria’s main export partner was India. Between April and June, India accounted for about 15.2 percent of the total exports. Spain followed, with around 13.7 percent.

Who is Iran largest trading partner?

In 2019, Iran’s main import partner was the China with a share of 28 percent in all imports. Iran’s main import partners in descending order of importance include the United Arab Emirates, China, Algeria, India, South Korea and Turkey. Together the United Arab Emirates and China compose over 50 percent of all imports.

How much does Nigeria import from China?

Nigeria Imports from China Value Year
Manmade staple fibers $69.41M 2019
Mineral fuels, oils, distillation products $51.96M 2019
Furniture, lighting signs, prefabricated buildings $47.58M 2019
Glass and glassware $44.16M 2019

What products does Nigeria export to China?

Nigeria Exports to China Value Year
Electrical, electronic equipment $398.85K 2019
Cereal, flour, starch, milk preparations and products $321.50K 2019
Beverages, spirits and vinegar $197.72K 2019
Cotton $186.94K 2019

How much oil does Nigeria export to China?

US$1.02 Billion
Nigeria Exports of crude oil to China was US$1.02 Billion during 2020, according to the United Nations COMTRADE database on international trade. Nigeria Exports of crude oil to China – data, historical chart and statistics – was last updated on May of 2022.

What product does Nigeria import from China?

Nigeria Imports from China of Iron and steel was US$364.64 Million during 2019, according to the United Nations COMTRADE database on international trade. Nigeria Imports from China of Iron and steel – data, historical chart and statistics – was last updated on May of 2022.

What does Nigeria export to Japan?

Nigeria-Japan In 2020, Nigeria exported $717M to Japan . The main products that Nigeria exported to Japan were Petroleum gases and other gaseous hydrocarbons ($504M), Oil seeds and oleaginous fruits, n.e.c. in chapter 12; whether or not broken ($109M), and Aluminium; unwrought ($71.1M).

What country does Nigeria export oil to?

According to the CIA World Factbook, Nigeria’s main export partners are the United States, India, Brazil, Spain, France, and the Netherlands.

What is China’s biggest import?

China’s Top 10 Imports

  • Electrical machinery, equipment: US$604.5 billion (24.8% of total imports)
  • Mineral fuels including oil: $357.7 billion (14.7%)
  • Ores, slag, ash: $254.6 billion (10.4%)
  • Machinery including computers: $210.9 billion (8.6%)
  • Optical, technical, medical apparatus: $99.7 billion (4.1%)

What is Iran’s largest import?

Iran main imports are: non-electrical machinery (17 percent of total imports), iron and steel (14 percent), chemicals and related products (11 percent), transport vehicles (9 percent) and electrical machinery, tools and appliances (7 percent).

What are the most imported items from China?

What kinds of products does the U.S. import from China?

  • Machinery & Electrical: 24% of U.S. imports from China.
  • Miscellaneous: 19%
  • Metals: 10%
  • Textiles: 8%
  • Plastics/Rubbers: 7%

How many Japanese are in Nigeria?

145
Japanese Nationals: Number of Japanese nationals residing in the Federal Republic of Nigeria: 145 (as of Jan. 2021)

What is the bilateral trade between China and Nigeria?

China said that in 2019, the bilateral trade volume between China and Nigeria reached US$19.27 billion, an increase of 26.3% over the previous year, ranking first among China’s top 40 trading partners in terms of growth rate, among which Nigeria’s exports to China increased by 43.1 per cent.

What is the bilateral trade between China and Iran?

According to Chinese Customs statistics, in 2019, bilateral trade between China and Iran amounted to US$23.02 billion. That was already a sharp drop of 34.5 percent from 2018, due to the US sanctions.

How big is the China-Nigeria trade relationship?

The Chinese Embassy in Nigeria says China-Nigeria trade relations is the largest in the continent with an increase of 0.7 percent at $13.66 billion in 2020 over the previous year. A spokesperson of Zhao Yong, Chargé d’affaires of the Embassy of China in Nigeria disclosed this in an interview with VANGUARD today in Abuja.

What is the trade volume between China and Africa?

According to the statistics of China Customs, the trade volume between China and Africa was $133.62 billion from January to September, a year-on-year decrease of 13.3 per cent. China’s exports to Africa were $79.70 billion, down 2.9 per cent year-on-year, and imports from Africa were $53.91 billion, down 25.3 per cent year-on-year.