Electrical and electronic equipment was China’s top export to Nigeria, valued at $2.88 billion.
The top five export categories (electrical equipment, machinery, vehicles, plastics, and iron/steel products) together accounted for over $8.78 billion, representing around 44% of total exports.
Industrial goods such as machinery and steel, along with manufactured consumer goods, dominate China’s export portfolio.
Products like apparel, synthetic materials, and household items featured strongly among the top export categories.
In total, China exported goods worth $20.18 billion to Nigeria in 2023.
Djibouti’s inflation reached a peak in 2022, with 5.18%, the highest in the past decade.
The lowest inflation rate occurred in 2015, with a negative value of -0.85%.
From 2014 to 2023, Djibouti experienced fluctuating inflation, with increases in 2016, 2019, and 2022.
Between 2022 and 2023, inflation decreased from 5.18% to 1.50%.
The year 2018 saw the lowest inflation among positive rates, with a modest 0.15%.
The overall trend shows periodic inflation spikes, particularly in 2016, 2019, and 2022, while other years maintained relatively stable or lower inflation.
