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Key Takeaways:

In 2023, China imported $1.41 billion worth of mineral fuels and oils from Nigeria, making it the leading import category.
The top three import categories (mineral fuels, ores, and salt/earth materials) together made up nearly 89% of the total import value.
Nigeria’s exports to China are largely raw materials and natural resources, with minimal contribution from manufactured goods.
The top ten product categories accounted for almost 99% of China’s total imports from Nigeria.
Agricultural and animal products such as oil seeds, raw hides, and spices also formed part of Nigeria’s export portfolio.
China’s total imports from Nigeria were valued at $2.37 billion in 2023.

Key Takeaways:

Mineral fuels and oils dominated the US' imports from Nigeria, totalling $5.28 billion.
Total US imports from Nigeria reached $5.70 billion in 2024.
Non-oil sectors contributed approximately $423 million to the total US imports from Nigeria.
US imports from Nigeria cut across 70 distinct product categories.
The average value across all import categories was $81.4 million.
The top 10 imported goods made up 99.1% of the total imported value.

Key Takeaways:

Mineral fuels and oils led the US' exports to Nigeria at $1.82B, making up over 43% of the total.
Vehicles and automotive parts followed at $677.65 million, with machinery and nuclear reactors contributing $487.23 million.
Total US exports to Nigeria reached $4.17 billion in 2024.
The top 10 export categories made up 90.7% of the total export value.
The top three US export categories to Nigeria accounted for nearly 72% of total exports.