Top Export Products from Ghana to Nigeria

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07-Feb-2025

Overview

Nigeria
 

As the Nigeria export data reveals, the nation's top export products for 2023 were prominently characterized by:

> Crude Petroleum: 80%

> Natural Gas: 5%

> Cocoa Beans: 4%

> Refined Petroleum: 3%

> Rubber: 2%

> Aluminum: 1%

> Sesame Seeds: 1%

> Cashew Nuts: 1%

> Fruits: 1%

> Processed Food: 1%

These top 10 export items represented a significant 99% of Nigeria's total export value for 2023. When analyzing Nigeria's customs records, it's evident that the fastest-growing export categories were Crude Petroleum (USD 50 billion), Natural Gas (USD 3 billion), and Cocoa Beans (USD 2.5 billion) showing a robust upward trend. Conversely, the declining sectors in the export landscape included products of the Refined Petroleum, Rubber, Aluminum, as well as Sesame Seeds.

For businesses and market analysts, the subsequent chart offers a deeper dive, showcasing the monetary value and market dynamics of Nigeria’s top 10 export commodities for 2023.

YOY and MOM comparison of growth and share of top Export Products from ghana to nigeria

Top Export Products from ghana to nigeria

YOY comparison of growth and share of top Export Products of Nigeria

MOM comparison of growth and share of top Export Products of Nigeria

Export Products from ghana to nigeria
100
1M 3M 6M 1Y 3Y ALL
Top Products 2023 2022 Growth% 2023 Share 2022 Share
Icecream and other edible ice, Whether or not containing cocoa

HSN Code:  21050000  
Exporters : Nigeria Exporters 3
Nigeria Exporters Shipment 1,985 		Value $2,539,954.13 $1,741,830.71 greenUpArrow 45.82% 0.71%
Shipment 747 674 greenUpArrow 10.83% 12.55%
Beauty or make-up preparations and preparations for the care of the skin (other than medicaments), Including sunscreen or suntan preparations; manicure or pedicure preparations

HSN Code:  33049900   33049100  33041000 
Exporters : Nigeria Exporters 13
Nigeria Exporters Shipment 1,258 		Value $3,540,805.37 $2,550,914.01 greenUpArrow 38.81% 0.99%
Shipment 462 573 redDownArrow -19.37% 7.76%
Women’s or girls’ suits, Ensembles, Jackets, Blazers, Dresses, Skirts, Divided skirts, Trousers, Bib and brace overalls, Breeches and shorts (other than swimwear) ---- suits :

HSN Code:  62044900   62046900   62044200  
Exporters : Nigeria Exporters 4
Nigeria Exporters Shipment 1,186 		Value $35,107.01 $20,763.74 greenUpArrow 69.08% 0.01%
Shipment 415 368 greenUpArrow 12.77% 6.97%
Articles of apparel, Clothing accessories and other articles of furskin

HSN Code:  43031000  
Exporters : Nigeria Exporters 3
Nigeria Exporters Shipment 844 		Value $21,860.7 $29,277.5 redDownArrow -25.33% 0.01%
Shipment 314 367 redDownArrow -14.44% 5.28%
Palm oil and its fractions, Whether or not refined, But not chemically modified

HSN Code:  15111000   15119099   15119010 
Exporters : Nigeria Exporters 25
Nigeria Exporters Shipment 812 		Value $32,329,484.01 $26,729,756 greenUpArrow 20.95% 9.00%
Shipment 333 326 greenUpArrow 2.15% 5.60%
Waterproof footwear with outer soles and uppers of rubber or of plastics, The uppers of which are neither fixed to the sole nor assembled by stitching, Riveting, Nailing, Screwing, Plugging or similar processes

HSN Code:  64019990   64011090 
Exporters : Nigeria Exporters 5
Nigeria Exporters Shipment 774 		Value $6,760.4 $15,927 redDownArrow -57.55% 0.00%
Shipment 240 347 redDownArrow -30.84% 4.03%
Soap; organic surface-active products and preparations for use as soap, In the form of bars, Cakes, Moulded pieces or shapes, Whether or not containing soap; organic surface-active products and preparations for washing the skin, In the form of liquid or c

HSN Code:  34011190   34012000  34011910 
Exporters : Nigeria Exporters 10
Nigeria Exporters Shipment 649 		Value $771,894.5 $54,899.89 greenUpArrow 1306.00% 0.21%
Shipment 174 202 redDownArrow -13.86% 2.92%
Chocolate and other food preparations containing cocoa

HSN Code:  18061000   18062000  18069010 
Exporters : Nigeria Exporters 6
Nigeria Exporters Shipment 575 		Value $92,148,717.59 $38,002,358.76 greenUpArrow 142.48% 25.66%
Shipment 307 135 greenUpArrow 127.41% 5.16%
Other printed matter, Including printed pictures and photographs

HSN Code:  49119910   49119100  49119999 
Exporters : Nigeria Exporters 6
Nigeria Exporters Shipment 572 		Value $653,974.39 $915,543.61 redDownArrow -28.57% 0.18%
Shipment 192 205 redDownArrow -6.34% 3.23%
Basketwork, Wickerwork and other articles, Made directly to shape from plaiting materials or made up from goods of heading 46 01; articles of loofah - of vegetable materials :

HSN Code:  46021900   46021100  46029000 
Exporters : Nigeria Exporters 6
Nigeria Exporters Shipment 509 		Value $10,097.75 $12,491.6 redDownArrow -19.16% 0.00%
Shipment 166 189 redDownArrow -12.17% 2.79%
Coconuts, Brazil nuts and cashew nuts, Fresh or dried, Whether or not shelled or peeled - coconuts :

HSN Code:  08011900   08011100  08011200 
Exporters : Nigeria Exporters 5
Nigeria Exporters Shipment 499 		Value $30,591,998.24 $36,410,126.69 redDownArrow -15.98% 8.52%
Shipment 168 191 redDownArrow -12.04% 2.82%
Malt extract; food preparations of flour, Groats, Meal, Starch or malt extract, Not containing cocoa or containing less than 40% by weight of cocoa calculated on a totally defatted basis, Not elsewhere specified or included; food preparations of goods of

HSN Code:  19011000   19019099  19019020 
Exporters : Nigeria Exporters 2
Nigeria Exporters Shipment 462 		Value $16,638,905.41 $4,617,086.7 greenUpArrow 260.38% 4.63%
Shipment 298 51 greenUpArrow 484.31% 5.01%
Mixtures of odoriferous substances and mixtures (including alcoholic solutions) with a basis of one or more of these substances, Of a kind used as raw materials in industry; other preparations based on odoriferous substances, Of a kind used for the manufa

HSN Code:  33029090   33029010   33021000 
Exporters : Nigeria Exporters 1
Nigeria Exporters Shipment 447 		Value $603,980.64 $2,191,386.55 redDownArrow -72.44% 0.17%
Shipment 111 250 redDownArrow -55.60% 1.87%
Margarine; edible mixture or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this chapter, Other than edible fats or oils or their fractions of heading 1516

HSN Code:  15171000   15179010 
Exporters : Nigeria Exporters 9
Nigeria Exporters Shipment 410 		Value $103,054,524.81 $8,559,848.83 greenUpArrow 1103.93% 28.69%
Shipment 142 143 redDownArrow -0.70% 2.39%

Paints and varnishes (including enamels and lacquers) based on synthetic polymers or chemically modified natural polymers, Dispersed or dissolved in a non-aqueous medium; solutions as defined in note 4 to this chapter

HSN Code:  32082020   32082010  32089010 
Exporters : Nigeria Exporters 4
Nigeria Exporters Shipment 261 		Value $2,085,357.48 $1,994,935.76 greenUpArrow 4.53% 0.58%
Shipment 48 183 redDownArrow -73.77% 0.81%

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