Top Export Products from Cameroon to Nigeria

07-Feb-2025

Overview

Nigeria
 

> 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 cameroon to nigeria
Export Products from cameroon to nigeria
100
Top Products 2023 2022 Growth% 2023 Share 2022 Share

Cigars, Cheroots, Cigarillos and cigarettes, Of tobacco or of tobacco substitutes

HSN Code:  24022000 
Exporters : Nigeria Exporters 23
Nigeria Exporters Shipment 115
Value $3,076,265,426 $512,494,626.38 greenUpArrow 500.25% 5.67%
Shipment 47 10 greenUpArrow 370.00% 10.28%

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:  34011910   34011100 
Exporters : Nigeria Exporters 4
Nigeria Exporters Shipment 96
Value $31,718,802,500 $16,571,937,971 greenUpArrow 91.40% 58.50%
Shipment 45 30 greenUpArrow 50.00% 9.85%

Tomatoes, Fresh or chilled

HSN Code:  07020000 
Exporters : Nigeria Exporters 8
Nigeria Exporters Shipment 54
Value $26,273,879.57 $41,255,777.87 redDownArrow -36.31% 0.05%
Shipment 9 12 redDownArrow -25.00% 1.97%

Petroleum oils and oils obtained from bituminous minerals, Other than crude; preparations not elsewhere specified or included, Containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, These oils being the basic cons

HSN Code:  27101211   27101911  27101992 
Exporters : Nigeria Exporters 14
Nigeria Exporters Shipment 43
Value $153,385,254.01 $120,700,654 greenUpArrow 27.08% 0.28%
Shipment 37 3 greenUpArrow 1133.33% 8.10%

Other oil seeds and oleaginous fruits, Whether or not broken

HSN Code:  12079900  12079990  12071000 
Exporters : Nigeria Exporters 15
Nigeria Exporters Shipment 41
Value $272,854,894.19 $834,937 greenUpArrow 32579.70% 0.50%
Shipment 15 14 greenUpArrow 7.14% 3.28%

Coconut (copra), Palm kernel or babassu oil and fractions thereof, Whether or not refined, But not chemically modified - coconut (copra) oil and its fractions:

HSN Code:  15132100  15132900 
Exporters : Nigeria Exporters 10
Nigeria Exporters Shipment 33
Value $45,010,150 $78,750,000 redDownArrow -42.84% 0.08%
Shipment 12 21 redDownArrow -42.86% 2.63%

Sheets for veneering (including those obtained by slicing laminated wood), For plywood or for similar laminated wood and other wood, Sawn lengthwise, Sliced or peeled, Whether or not planed, Sanded, Spliced or end-jointed, Of a thickness not exceeding 6 m

HSN Code:  44083900  
Exporters : Nigeria Exporters 4
Nigeria Exporters Shipment 30
Value $1,309,857,000 $1,259,732,000 greenUpArrow 3.98% 2.42%
Shipment 10 16 redDownArrow -37.50% 2.19%

Parts suitable for use solely or principally with the machinery of headings 8425 to 8430

HSN Code:  84314300  84314900  84311000 
Exporters : Nigeria Exporters 6
Nigeria Exporters Shipment 26
Value $430,976.08 $7,694.12 greenUpArrow 5501.37% 0.00%
Shipment 7 2 greenUpArrow 250.00% 1.53%

Cocoa beans, Whole or broken, Raw or roasted

HSN Code:  18010012  18010011  18010019 
Exporters : Nigeria Exporters 9
Nigeria Exporters Shipment 25
Value $767,844,233 $0 greenUpArrow 100% 1.42%
Shipment 9 0 greenUpArrow 100% 1.97%

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  33043000 
Exporters : Nigeria Exporters 14
Nigeria Exporters Shipment 25
Value $75,050,099 $499,010,739 redDownArrow -84.96% 0.14%
Shipment 5 14 redDownArrow -64.29% 1.09%

Fruit and nuts, Uncooked or cooked by steaming or boiling in water, Frozen, Whether or not containing added sugar or other sweetening matter

HSN Code:  08119000 
Exporters : Nigeria Exporters 0
Nigeria Exporters Shipment 23
Value $30,906.52 $0 greenUpArrow 100% 0.00%
Shipment 17 0 greenUpArrow 100% 3.72%

Industrial monocarboxylic fatty acids; acid oils from refining; industrial fatty alcohols - industrial monocarboxylic fatty acids; acid oils from refining :

HSN Code:  38231900  38231100 
Exporters : Nigeria Exporters 5
Nigeria Exporters Shipment 22
Value $99,984,493.16 $1,644,036,057 redDownArrow -93.92% 0.18%
Shipment 2 20 redDownArrow -90.00% 0.44%

Automatic data processing machines and units thereof; magnetic or optical readers, Machines for transcribing data on to data media in coded form and machines for processing such data, Not elsewhere specified or included

HSN Code:  84715000  84713090  84713000 
Exporters : Nigeria Exporters 7
Nigeria Exporters Shipment 20
Value $3,202,525.85 $4,804,003.78 redDownArrow -33.34% 0.01%
Shipment 8 6 greenUpArrow 33.33% 1.75%

Dates, Figs, Pineapples, Avocados, Guavas, Mangoes, And mangosteens, Fresh or dried

HSN Code:  08045000 
Exporters : Nigeria Exporters 6
Nigeria Exporters Shipment 19
Value $41,254,900 $30,016,000 greenUpArrow 37.44% 0.08%
Shipment 11 8 greenUpArrow 37.50% 2.41%

HSN Code:  89080000 
Exporters : Nigeria Exporters 0
Nigeria Exporters Shipment 19
Value $74,877,853.12 $0 greenUpArrow 100% 0.14%
Shipment 12 0 greenUpArrow 100% 2.63%