China / Nigeria

Overview In September 2024, China exported $1.46B and imported $241M from Nigeria, resulting in a positive trade balance of $1.22B. Between September 2023 and September 2024 the exports of China have decreased by $-62.5M (-4.11%) from $1.52B to $1.46B, while imports decreased by $-16.5M (-6.41%) from $258M to $241M.

Trade In September 2024, the top exports of China to Nigeria were Synthetic Filament Yarn Woven Fabric ($84.8M), Motor vehicles; parts and accessories (8701... ($49.2M), Telephones ($42.1M), Bathroom Ceramics ($41.3M), and Electrical Transformers ($40.1M). In September 2024 the top imports of China from Nigeria were Petroleum Gas ($46.6M), Other Mineral ($25.1M), Uranium and Thorium Ore ($7.05M), Niobium, Tantalum, Vanadium and Zirconium Ore ($7.03M), and Refined Copper ($4.05M).

Origins In September 2024 the exports of China were mainly from Zhejiang Province ($362M), Guangdong Province ($257M), Shandong Province ($220M), Jiangsu Province ($143M), and Fujian Province ($57.9M), while imports destinations were mainly Guangdong Province ($67.6M), Beijing ($48.8M), Zhejiang Province ($25.3M), Shanghai Province ($22.8M), and Jiangxi Province ($18.8M).

Growth In September 2024, the decrease in China's year-by-year exports to Nigeria was explained primarily by an decrease in product exports in Synthetic Filament Yarn Woven Fabric ($-75.3M or -47%), Pesticides ($-61.2M or -72.8%), and Non-Knit Women's Suits ($-42.3M or -51.9%). In September 2024, the decrease in China's year-by-year imports  from Nigeria was explained primarily by an decrease in product imports  in Petroleum Gas ($-49.2M or -51.3%), Zinc Ore ($-11.1M or -84.2%), and Raw Aluminium ($-10.3M or -81.7%).