Electricity in Nigeria

EXPORTS (2018): $132M, World Rnk 21 / 51
Flag Rnk 12 / 849

TOP DESTINATION (2018): $100M, Benin

FASTEST GROWING MARKET (2016 - 2018): $12.1M, Benin

IMPORTS (2018): $4.82k, World Rnk 61 / 61
Flag Rnk 1155 / 1174

TOP ORIGIN (2018): $4.82k, France

FASTEST GROWING ORIGIN (2016 - 2018): $2.51k, France

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

Overview: This page contains the latest trade data of Electricity in Nigeria.

Exports: In 2018, Nigeria exported $132M in Electricity, making it the 21st largest exporter of Electricity in the world. At the same year, Electricity was the 12th most exported product in Nigeria. The main destination of Electricity exports from Nigeria are: Benin ($100M) and Niger ($31.8M).

The fastest growing export markets for Electricity of Nigeria between 2016 and 2018 were Benin ($12.1M) and Niger ($7.18M).

Imports: In 2018, Nigeria imported $4.82k in Electricity, becoming the 61st largest importer of Electricity in the world. At the same year, Electricity was the 1155th most imported product in Nigeria. Nigeria imports Electricity primarily from: France ($4.82k).

The fastest growing import markets in Electricity for Nigeria between 2016 and 2018 were France ($2.51k).

Tariffs: In 2016, the average tariff for Nigeria in Electricity was 4.73%. The countries with the highest import tariffs for Electricity were Angola (5%), Burundi (5%), Botswana (5%), Central African Republic (5%), and Cameroon (5%).

Value

EXPORTS (2018): $132M

IMPORTS (2018): $4.82k

NET TRADE (2018): $132M

In 2018, Nigeria exported $132M in Electricity. The main destinations of Nigeria exports on Electricity were Benin ($100M) and Niger ($31.8M).

In 2018, Nigeria imported $4.82k in Electricity, mainly from France ($4.82k).

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IN 2018, Nigeria HAD A POSITIVE NET TRADE IN Electricity WITH:

  • Benin, $100M ($100M - $0)
  • Niger, $31.8M ($31.8M - $0)

IN 2018, Nigeria HAD A NEGATIVE NET TRADE IN Electricity WITH:: France, -$4.82k ($0 - $4.82k)

Flow

THE FASTEST GROWING Electricity EXPORT MARKETS FOR Nigeria WERE (2016 - 2018):

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Market Concentration

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Flow
Type

In 2018, Nigeria's main exporting competitors in Electricity were:

In 2018, Nigeria's main importing competitors in Electricity were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Electricity 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 Electricity was 4.73%.

The countries with the highest tariffs for Electricity in Nigeria were Angola (5%), Burundi (5%), Botswana (5%), Central African Republic (5%), and Cameroon (5%).

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