Other Pure Vegetable Oils in Nigeria

EXPORTS (2018): $16.5M, World Rnk 41 / 152
Flag Rnk 48 / 849

TOP DESTINATION (2018): $11.2M, China

FASTEST GROWING MARKET (2017 - 2018): $11.2M, China

IMPORTS (2018): $4M, World Rnk 81 / 214
Flag Rnk 588 / 1174

TOP ORIGIN (2018): $1.55M, United States

FASTEST GROWING ORIGIN (2017 - 2018): $487k, Italy

ECONOMIC COMPLEXITY of Nigeria (2018): -1.75, Rnk 134 / 137

Overview: This page contains the latest trade data of Other Pure Vegetable Oils in Nigeria.

Exports: In 2018, Nigeria exported $16.5M in Other Pure Vegetable Oils, making it the 41st largest exporter of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 48th most exported product in Nigeria. The main destination of Other Pure Vegetable Oils exports from Nigeria are: China ($11.2M), Japan ($2.03M), India ($1.31M), Chinese Taipei ($598k), and Malaysia ($376k).

The fastest growing export markets for Other Pure Vegetable Oils of Nigeria between 2017 and 2018 were China ($11.2M), Japan ($2.03M), and India ($1.31M).

Imports: In 2018, Nigeria imported $4M in Other Pure Vegetable Oils, becoming the 81st largest importer of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 588th most imported product in Nigeria. Nigeria imports Other Pure Vegetable Oils primarily from: United States ($1.55M), Italy ($526k), United Arab Emirates ($430k), France ($293k), and India ($290k).

The fastest growing import markets in Other Pure Vegetable Oils for Nigeria between 2017 and 2018 were Italy ($487k), United Arab Emirates ($407k), and Germany ($74.7k).

Tariffs: In 2016, the average tariff for Nigeria in Other Pure Vegetable Oils was 12.6%. The countries with the highest import tariffs for Other Pure Vegetable Oils were Angola (13.3%), Burundi (13.3%), Botswana (13.3%), Central African Republic (13.3%), and Cameroon (13.3%).

Value

EXPORTS (2018): $16.5M

IMPORTS (2018): $4M

NET TRADE (2018): $12.5M

In 2018, Nigeria exported $16.5M in Other Pure Vegetable Oils. The main destinations of Nigeria exports on Other Pure Vegetable Oils were China ($11.2M), Japan ($2.03M), India ($1.31M), Chinese Taipei ($598k), and Malaysia ($376k).

In 2018, Nigeria imported $4M in Other Pure Vegetable Oils, mainly from United States ($1.55M), Italy ($526k), United Arab Emirates ($430k), France ($293k), and India ($290k).

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IN 2018, Nigeria HAD A POSITIVE NET TRADE IN Other Pure Vegetable Oils WITH:

  • China, $11.2M ($11.2M - $82k)
  • Japan, $2.03M ($2.03M - $0)
  • India, $1.02M ($1.31M - $290k)

IN 2018, Nigeria HAD A NEGATIVE NET TRADE IN Other Pure Vegetable Oils WITH:

  • United States, -$1.55M ($0 - $1.55M)
  • Italy, -$526k ($0 - $526k)
  • France, -$293k ($0 - $293k)
Flow

THE FASTEST GROWING Other Pure Vegetable Oils EXPORT MARKETS FOR Nigeria WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Pure Vegetable Oils BY Nigeria WERE (2017 - 2018):

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Market Concentration

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In 2018, Nigeria's main exporting competitors in Other Pure Vegetable Oils were:

In 2018, Nigeria's main importing competitors in Other Pure Vegetable Oils were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Other Pure Vegetable Oils in Nigeria. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2016, the average tariff for Nigeria in Other Pure Vegetable Oils was 12.6%.

The countries with the highest tariffs for Other Pure Vegetable Oils in Nigeria were Angola (13.3%), Burundi (13.3%), Botswana (13.3%), Central African Republic (13.3%), and Cameroon (13.3%).

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