Exports In 2021, Nigeria exported $667M in Refined Petroleum, making it the 61st largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 5th most exported product in Nigeria. The main destination of Refined Petroleum exports from Nigeria are: United States ($378M), Belgium ($76.6M), Germany ($48M), United Kingdom ($48M), and Benin ($34.1M).
The fastest growing export markets for Refined Petroleum of Nigeria between 2020 and 2021 were United States ($209M), Brazil ($12.9M), and Malaysia ($9.4M).
Imports In 2021, Nigeria imported $11.3B in Refined Petroleum, becoming the 18th 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 ($3.62B), Belgium ($1.78B), Norway ($1.2B), India ($992M), and United Kingdom ($760M).
The fastest growing import markets in Refined Petroleum for Nigeria between 2020 and 2021 were Netherlands ($596M), India ($576M), and Norway ($549M).