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Exports In 2022, Nigeria exported $298M in Petroleum gases and gaseous hydrocarbons nes, as gas, making it the 2nd largest exporter of Petroleum gases and gaseous hydrocarbons nes, as gas in the world. At the same year, Petroleum gases and gaseous hydrocarbons nes, as gas was the 11th most exported product in Nigeria. The main destination of Petroleum gases and gaseous hydrocarbons nes, as gas exports from Nigeria are: Belgium ($175M), South Africa ($59.8M), Netherlands ($23.1M), China ($20M), and Sweden ($11.2M).

The fastest growing export markets for Petroleum gases and gaseous hydrocarbons nes, as gas of Nigeria between 2021 and 2022 were Netherlands ($23.1M), South Africa ($14.5M), and Sweden ($11.2M).

Imports In 2022, Nigeria imported $4.04M in Petroleum gases and gaseous hydrocarbons nes, as gas, becoming the 10th largest importer of Petroleum gases and gaseous hydrocarbons nes, as gas in the world. At the same year, Petroleum gases and gaseous hydrocarbons nes, as gas was the 1211th most imported product in Nigeria. Nigeria imports Petroleum gases and gaseous hydrocarbons nes, as gas primarily from: Chile ($3.78M), United Kingdom ($152k), Hong Kong ($46.4k), United States ($45.7k), and Netherlands ($19.5k).

The fastest growing import markets in Petroleum gases and gaseous hydrocarbons nes, as gas for Nigeria between 2021 and 2022 were Chile ($3.78M), United Kingdom ($51.2k), and Hong Kong ($46.4k).

COMPANIES In 2023, leading companies such as RHI Magnesita (6), Ford Motor Company (2), and Barry Callebaut (2) were at the forefront of shipping Petroleum gases and gaseous hydrocarbons nes, as gas from Nigeria to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Petroleum gases and gaseous hydrocarbons nes, as gas. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$298M
IMPORTS (2022)$4.04M
NET TRADE (2022)$294M

In 2022, Nigeria exported $298M in Petroleum gases and gaseous hydrocarbons nes, as gas. The main destinations of Nigeria exports on Petroleum gases and gaseous hydrocarbons nes, as gas were Belgium ($175M), South Africa ($59.8M), Netherlands ($23.1M), China ($20M), and Sweden ($11.2M).

In 2022, Nigeria imported $4.04M in Petroleum gases and gaseous hydrocarbons nes, as gas, mainly from Chile ($3.78M), United Kingdom ($152k), Hong Kong ($46.4k), United States ($45.7k), and Netherlands ($19.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum gases and gaseous hydrocarbons nes, as gas EXPORT MARKETS FOR Nigeria WERE (2021 - 2022):
Netherlands$23.1M (1%)
South Africa$14.5M (32%)
Sweden$11.2M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum gases and gaseous hydrocarbons nes, as gas BY Nigeria WERE (2021 - 2022):
United States-$181M (-95.4%)
China-$104M (-83.8%)
Turkey-$60M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Nigeria's main exporting competitors in Petroleum gases and gaseous hydrocarbons nes, as gas were:
In 2022, Nigeria's main importing competitors in Petroleum gases and gaseous hydrocarbons nes, as gas were:

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Trade Value of Petroleum gases and gaseous hydrocarbons nes, as gas by Exporters

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