Overview: This page contains the latest trade data of Refined Petroleum in Nigeria.
Exports: In 2018, Nigeria exported $940M in Refined Petroleum, making it the 63rd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most exported product in Nigeria. The main destination of Refined Petroleum exports from Nigeria are: United States ($357M), France ($196M), Belgium-Luxembourg ($118M), Netherlands ($113M), and Togo ($95.6M).
The fastest growing export markets for Refined Petroleum of Nigeria between 2017 and 2018 were France ($178M), Togo ($93.2M), and Belgium-Luxembourg ($80.1M).
Imports: In 2018, Nigeria imported $9.95B in Refined Petroleum, becoming the 22nd largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Nigeria. Nigeria imports Refined Petroleum primarily from: Netherlands ($3.84B), Belgium-Luxembourg ($2.7B), United Kingdom ($787M), Norway ($643M), and South Korea ($361M).
The fastest growing import markets in Refined Petroleum for Nigeria between 2017 and 2018 were Netherlands ($1.75B), Norway ($492M), and United Kingdom ($423M).
Tariffs: In 2016, the average tariff for Nigeria in Refined Petroleum was 7.4%. The countries with the highest import tariffs for Refined Petroleum were Angola (7.83%), Burundi (7.83%), Botswana (7.83%), Central African Republic (7.83%), and Cameroon (7.83%).