Applied tariffs
Simple average MFN applied
2024
12.0 %
Trade-weighted MFN average
2024
8.7 %
Share of MFN duty-free
2024
1.7 %
Bound tariffs
Simple average bound
120.5 %
Binding coverage
19.7 %
Share of bound duty-free
0.0 %
Imports
Total imports: 40,967.7 million USD in 2024
Imports by partner
European Union
31.8 %
13,040.9
million USD
China
23.3 %
9,565.6
million USD
India
10.2 %
4,177.2
million USD
United States of America
6.7 %
2,755.0
million USD
United Arab Emirates
3.7 %
1,514.6
million USD
Saudi Arabia, Kingdom of
2.5 %
1,008.5
million USD
Brazil
2.2 %
918.8
million USD
Norway
1.8 %
723.0
million USD
United Kingdom
1.7 %
699.2
million USD
Russian Federation
1.7 %
676.2
million USD
Rest of the World
14.4 %
5,888.8
million USD
Imports by products HS 2022
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
25.6 %
10,467.9
million USD
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
10.2 %
4,184.7
million USD
999999
Unspecified products
3.4 %
1,374.7
million USD
100119
Durum wheat (excl. seed for sowing)
2.4 %
981.4
million USD
170114
Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excl. cane sugar of 1701 13)
1.5 %
617.9
million USD
271113
Butanes, liquefied (excl. of a purity of >= 95% of N-butane or isobutane)
1.2 %
484.4
million USD
870333
Motor cars and other motor vehicles principally designed for the transport of <10 persons, incl. station wagons and racing cars, with only diesel engine of a cylinder capacity > 2.500 cm³ (excl. vehicles for travelling on snow and other specially designed vehicles of subheading 8703.10)
0.9 %
361.5
million USD
851762
Machines for the reception, conversion and transmission or regeneration of voice, images or other data, incl. switching and routing apparatus (excl. telephone sets, telephones for cellular networks or for other wireless networks)
0.8 %
326.8
million USD
930190
Military weapons, incl. sub-machine guns (excl. artillery weapons, rocket launchers, flame-throwers, grenade launchers, torpedo tubes and similar projectors, revolvers and pistols of heading 9302 and cutting and thrusting weapons of heading 9307)
0.8 %
323.2
million USD
871120
Motorcycles, incl. mopeds, with reciprocating internal combustion piston engine of a cylinder capacity > 50 cm³ but <= 250 cm³
0.8 %
317.4
million USD
Rest of the products
52.5 %
21,527.9
million USD
Exports
Total exports: 52,361.7 million USD in 2024
Exports by destination
European Union
40.6 %
21,240.6
million USD
India
7.5 %
3,913.2
million USD
United States of America
7.3 %
3,801.4
million USD
Indonesia
5.6 %
2,940.3
million USD
Canada
5.5 %
2,858.1
million USD
China
3.9 %
2,025.6
million USD
Côte d'Ivoire
3.8 %
1,984.0
million USD
South Africa
3.7 %
1,913.5
million USD
United Kingdom
2.4 %
1,256.6
million USD
Brazil
1.7 %
880.4
million USD
Rest of the World
18.2 %
9,548.1
million USD
Exports by products HS 2022
270900
Petroleum oils and oils obtained from bituminous minerals, crude
71.4 %
37,380.7
million USD
271111
Natural gas, liquefied
9.3 %
4,884.4
million USD
271129
Hydrocarbons in gaseous state, n.e.s. (excl. natural gas)
6.4 %
3,335.8
million USD
180100
Cocoa beans, whole or broken, raw or roasted
3.1 %
1,631.1
million USD
310210
Urea, whether or not in aqueous solution (excl. that in tablets or similar forms, or in packages with a gross weight of <= 10 kg)
1.6 %
850.3
million USD
890520
Floating or submersible drilling or production platforms
0.8 %
431.9
million USD
120740
Sesamum seeds, whether or not broken
0.8 %
414.3
million USD
271119
Gaseous hydrocarbons, liquefied, n.e.s. (excl. natural gas, propane, butane, ethylene, propylene, butylene and butadiene)
0.7 %
377.2
million USD
760120
Unwrought aluminium alloys
0.6 %
307.7
million USD
080131
Fresh or dried cashew nuts, in shell
0.4 %
214.1
million USD
Rest of the products
4.8 %
2,534.3
million USD
Preferential regimes provided by Nigeria
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Nigeria as a beneficiary based on other economies reported preferential regimes
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