Top Export Products from India to Nigeria

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07-Feb-2025

Overview

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 india to nigeria

Top Export Products from india 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 india to nigeria
100

1M 3M 6M 1Y 3Y ALL

Top Products		2023	2022	Growth%	2023 Share	2022 Share
Medicaments (excluding goods of heading 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic uses, Put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings HSN Code: 30049099 30049090 30042000 Exporters : Nigeria Exporters 694 Nigeria Exporters Shipment 58,448	Value	$624,508,328.87	$636,069,949.62	-1.82%	7.43%	11.04%
	Shipment	19,612	21,787	-9.98%	4.69%	5.20%
Parts and accessories of the motor vehicles of headings 8701 to 8705 HSN Code: 87089900 87084000 87085000 Exporters : Nigeria Exporters 287 Nigeria Exporters Shipment 42,782	Value	$33,337,710.92	$28,605,121.57	16.54%	0.40%	0.50%
	Shipment	18,765	14,760	27.13%	4.48%	3.52%
Parts and accessories of vehicles of headings 8711 to 8713 HSN Code: 87141090 87141010 87149410 Exporters : Nigeria Exporters 107 Nigeria Exporters Shipment 40,005	Value	$28,490,363.09	$26,794,233.62	6.33%	0.34%	0.46%
	Shipment	15,169	16,127	-5.94%	3.63%	3.85%
Taps, Cocks, Valves and similar appliances for pipes, Boiler shells, Tanks, Vats or the like, Including pressure-reducing valves and the rmostatically controlled valves HSN Code: 84818030 84819090 84818090 Exporters : Nigeria Exporters 667 Nigeria Exporters Shipment 28,833	Value	$47,934,720.97	$28,821,364.74	66.32%	0.57%	0.50%
	Shipment	10,140	9,335	8.62%	2.42%	2.23%
Electrical apparatus for switching or protecting electrical circuits, Or for making connections to or in electrical circuits (for example, Switches, Relays, Fuses, Surge suppressors, Plugs, Sockets, Lamp-holders and other connectors, Junction boxes), For HSN Code: 85369090 85365090 85361090 Exporters : Nigeria Exporters 627 Nigeria Exporters Shipment 28,305	Value	$17,465,823.89	$17,073,016.28	2.30%	0.21%	0.30%
	Shipment	10,203	9,590	6.39%	2.44%	2.29%
Screws, Bolts, Nuts, Coach-screws, Screw hooks, Rivets, Cotters, Cotter-pins, Washers (including spring washers)and similar articles, Of iron or steel - threaded articles : HSN Code: 73181500 73181600 73181900 Exporters : Nigeria Exporters 505 Nigeria Exporters Shipment 23,210	Value	$6,180,457.94	$5,551,906.68	11.32%	0.07%	0.10%
	Shipment	8,027	7,654	4.87%	1.92%	1.83%
Tube or pipe fittings (for example, Couplings, Elbows, Sleeves), Of iron or steel - cast fittings : HSN Code: 73079190 73079990 73072900 Exporters : Nigeria Exporters 295 Nigeria Exporters Shipment 17,560	Value	$6,506,888.44	$10,248,928.45	-36.51%	0.08%	0.18%
	Shipment	5,707	7,857	-27.36%	1.36%	1.87%
Electrical transformers, Static converters (for example, Rectifiers) and inductors HSN Code: 85044090 85044010 85049090 Exporters : Nigeria Exporters 559 Nigeria Exporters Shipment 17,348	Value	$190,973,370.69	$108,607,647.09	75.84%	2.27%	1.88%
	Shipment	6,937	5,094	36.18%	1.66%	1.21%
Machines and mechanical appliances having individual functions, Not specified or included elsewhere in this chapter HSN Code: 84799040 84799090 84799000 Exporters : Nigeria Exporters 539 Nigeria Exporters Shipment 17,103	Value	$107,672,458.34	$61,281,400.66	75.70%	1.28%	1.06%
	Shipment	5,627	6,227	-9.64%	1.34%	1.49%
Machines for cleaning, Sorting or grading seed, Grain or dried leguminous vegetables; machinery used in the milling industry or for the working of cereals or dried leguminous vegetables, Other than farm-type machinery HSN Code: 84379000 84379020 84371000 Exporters : Nigeria Exporters 154 Nigeria Exporters Shipment 16,921	Value	$115,780,794.68	$75,406,225.58	53.54%	1.38%	1.31%
	Shipment	5,834	7,062	-17.39%	1.39%	1.68%
Pumps for liquids, Whether or not fitted with a measuring device; liquid elevators - pumps fitted or designed to be fitted with a measuring device: HSN Code: 84139120 84139190 84137010 Exporters : Nigeria Exporters 606 Nigeria Exporters Shipment 16,579	Value	$33,907,470.08	$25,813,572.76	31.36%	0.40%	0.45%
	Shipment	5,861	5,415	8.24%	1.40%	1.29%
Printed books, Brochures, Leaflets and similar printed matter, Whether or not in single sheets HSN Code: 49011010 49019990 49019910 Exporters : Nigeria Exporters 192 Nigeria Exporters Shipment 15,375	Value	$26,294,047.33	$19,903,803.77	32.11%	0.31%	0.35%
	Shipment	6,350	5,763	10.19%	1.52%	1.37%
Transmission shafts (including cam shafts and crank shafts) and cranks; bearing housings and plain shaft bearings; gears and gearing; ball or roller screws; gear boxes and other speed changers, Including torque converters; flywheels and pulleys, Including HSN Code: 84834000 84833000 84831099 Exporters : Nigeria Exporters 463 Nigeria Exporters Shipment 14,809	Value	$12,921,596.58	$14,055,457.12	-8.07%	0.15%	0.24%
	Shipment	5,265	4,808	9.50%	1.26%	1.15%
Parts suitable for use solely or principally with the engines of heading 8407 or 8408 HSN Code: 84099990 84099949 84099913 Exporters : Nigeria Exporters 252 Nigeria Exporters Shipment 14,396	Value	$12,524,090.62	$12,731,472.35	-1.63%	0.15%	0.22%
	Shipment	5,362	4,978	7.71%	1.28%	1.19%
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: 62044290 62046990 62046290 Exporters : Nigeria Exporters 277 Nigeria Exporters Shipment 14,339	Value	$15,654,807.81	$14,152,549.57	10.61%	0.19%	0.25%
	Shipment	4,149	5,650	-26.57%	0.99%	1.35%

Top Products		Sep-24	Oct-24	Growth%	Sep-24 Share	Oct-24 Share
Medicaments (excluding goods of heading 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic uses, Put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings HSN Code: 30049099 30049090 30042000 Exporters : Nigeria Exporters 694 Nigeria Exporters Shipment 58,448	Value	$48,681,037.68	$61,604,344.69	26.55%	10.28%	12.94%
	Shipment	1,667	1,788	7.26%	5.15%	5.06%
Parts and accessories of the motor vehicles of headings 8701 to 8705 HSN Code: 87089900 87084000 87085000 Exporters : Nigeria Exporters 287 Nigeria Exporters Shipment 42,782	Value	$2,330,650.91	$3,121,300.88	33.92%	0.49%	0.66%
	Shipment	934	1,270	35.97%	2.88%	3.60%
Parts and accessories of vehicles of headings 8711 to 8713 HSN Code: 87141090 87141010 87149410 Exporters : Nigeria Exporters 107 Nigeria Exporters Shipment 40,005	Value	$1,235,538.53	$1,297,552.1	5.02%	0.26%	0.27%
	Shipment	521	537	3.07%	1.61%	1.52%
Taps, Cocks, Valves and similar appliances for pipes, Boiler shells, Tanks, Vats or the like, Including pressure-reducing valves and the rmostatically controlled valves HSN Code: 84818030 84819090 84818090 Exporters : Nigeria Exporters 667 Nigeria Exporters Shipment 28,833	Value	$5,701,366.27	$3,266,058.53	-42.71%	1.20%	0.69%
	Shipment	1,103	1,054	-4.44%	3.40%	2.99%
Electrical apparatus for switching or protecting electrical circuits, Or for making connections to or in electrical circuits (for example, Switches, Relays, Fuses, Surge suppressors, Plugs, Sockets, Lamp-holders and other connectors, Junction boxes), For HSN Code: 85369090 85365090 85361090 Exporters : Nigeria Exporters 627 Nigeria Exporters Shipment 28,305	Value	$1,271,493.42	$1,847,062.57	45.27%	0.27%	0.39%
	Shipment	854	1,369	60.30%	2.64%	3.88%
Screws, Bolts, Nuts, Coach-screws, Screw hooks, Rivets, Cotters, Cotter-pins, Washers (including spring washers)and similar articles, Of iron or steel - threaded articles : HSN Code: 73181500 73181600 73181900 Exporters : Nigeria Exporters 505 Nigeria Exporters Shipment 23,210	Value	$803,326.2	$502,914.02	-37.40%	0.17%	0.11%
	Shipment	772	655	-15.16%	2.38%	1.86%
Tube or pipe fittings (for example, Couplings, Elbows, Sleeves), Of iron or steel - cast fittings : HSN Code: 73079190 73079990 73072900 Exporters : Nigeria Exporters 295 Nigeria Exporters Shipment 17,560	Value	$406,324.32	$276,758.86	-31.89%	0.09%	0.06%
	Shipment	395	384	-2.78%	1.22%	1.09%
Electrical transformers, Static converters (for example, Rectifiers) and inductors HSN Code: 85044090 85044010 85049090 Exporters : Nigeria Exporters 559 Nigeria Exporters Shipment 17,348	Value	$8,704,516.47	$5,242,953.44	-39.77%	1.84%	1.10%
	Shipment	467	477	2.14%	1.44%	1.35%
Machines and mechanical appliances having individual functions, Not specified or included elsewhere in this chapter HSN Code: 84799040 84799090 84799000 Exporters : Nigeria Exporters 539 Nigeria Exporters Shipment 17,103	Value	$12,219,312.91	$8,785,211.32	-28.10%	2.58%	1.85%
	Shipment	589	546	-7.30%	1.82%	1.55%
Machines for cleaning, Sorting or grading seed, Grain or dried leguminous vegetables; machinery used in the milling industry or for the working of cereals or dried leguminous vegetables, Other than farm-type machinery HSN Code: 84379000 84379020 84371000 Exporters : Nigeria Exporters 154 Nigeria Exporters Shipment 16,921	Value	$5,198,395.27	$4,648,440.23	-10.58%	1.10%	0.98%
	Shipment	499	310	-37.88%	1.54%	0.88%
Pumps for liquids, Whether or not fitted with a measuring device; liquid elevators - pumps fitted or designed to be fitted with a measuring device: HSN Code: 84139120 84139190 84137010 Exporters : Nigeria Exporters 606 Nigeria Exporters Shipment 16,579	Value	$4,602,641.17	$2,881,505.1	-37.39%	0.97%	0.61%
	Shipment	360	770	113.89%	1.11%	2.18%
Printed books, Brochures, Leaflets and similar printed matter, Whether or not in single sheets HSN Code: 49011010 49019990 49019910 Exporters : Nigeria Exporters 192 Nigeria Exporters Shipment 15,375	Value	$1,305,416.02	$502,632.96	-61.50%	0.28%	0.11%
	Shipment	406	210	-48.28%	1.25%	0.59%
Transmission shafts (including cam shafts and crank shafts) and cranks; bearing housings and plain shaft bearings; gears and gearing; ball or roller screws; gear boxes and other speed changers, Including torque converters; flywheels and pulleys, Including HSN Code: 84834000 84833000 84831099 Exporters : Nigeria Exporters 463 Nigeria Exporters Shipment 14,809	Value	$1,051,460.61	$1,386,348.15	31.85%	0.22%	0.29%
	Shipment	440	603	37.05%	1.36%	1.71%
Parts suitable for use solely or principally with the engines of heading 8407 or 8408 HSN Code: 84099990 84099949 84099913 Exporters : Nigeria Exporters 252 Nigeria Exporters Shipment 14,396	Value	$1,425,237.77	$1,581,669.12	10.98%	0.30%	0.33%
	Shipment	465	495	6.45%	1.44%	1.40%
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: 62044290 62046990 62046290 Exporters : Nigeria Exporters 277 Nigeria Exporters Shipment 14,339	Value	$2,869,385.95	$3,383,936.53	17.93%	0.61%	0.71%
	Shipment	427	426	-0.23%	1.32%	1.21%

Top Export Products from India to Nigeria

Overview

Top Export Products from india 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

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