Top Export Products from Vietnam 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 vietnam to nigeria

Top Export Products from vietnam 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 vietnam to nigeria
100

1M 3M 6M 1Y 3Y ALL

Top Products		2023	2022	Growth%	2023 Share	2022 Share
Telephone sets, Including telephones for cellular networks or for other wireless networks: other apparatus for the transmission or reception of vice, Images or other data, Including apparatus for communication in a wired or wireless network (such as a loc HSN Code: 85177921 85177021 85177900 Exporters : Nigeria Exporters 28 Nigeria Exporters Shipment 11,694	Value	$16,998,695.08	$76,071,296.63	-77.65%	9.99%	21.94%
	Shipment	4,297	4,604	-6.67%	33.61%	40.36%
Parts and accessories suitable for use solely or principally with the apparatus of headings 8519 or 8521 HSN Code: 85229000 Exporters : Nigeria Exporters 0 Nigeria Exporters Shipment 1,381	Value	$465,222.39	$471,494.23	-1.33%	0.27%	0.14%
	Shipment	497	490	1.43%	3.89%	4.30%
Parts and accessories (other than covers, Carrying cases and the like) suitable for use solely or principally with machines of headings 8469 to 8472 HSN Code: 84733090 84734000 84733010 Exporters : Nigeria Exporters 5 Nigeria Exporters Shipment 880	Value	$629,102.4	$4,754,569.61	-86.77%	0.37%	1.37%
	Shipment	335	288	16.32%	2.62%	2.52%
Electric accumulators, Including separators therefore, Whether or not rectangular (including square HSN Code: 85079000 85072000 85072095 Exporters : Nigeria Exporters 9 Nigeria Exporters Shipment 873	Value	$5,318,827.28	$11,704,575.33	-54.56%	3.13%	3.38%
	Shipment	596	150	297.33%	4.66%	1.31%
Self-adhesive plates, Sheets, Film, Foil, Tape, Strip and other flat shapes, Of plastics, Whether or not in rolls HSN Code: 39199099 39199000 39191000 Exporters : Nigeria Exporters 14 Nigeria Exporters Shipment 823	Value	$972.79	$309,341.15	-99.69%	0.00%	0.09%
	Shipment	319	301	5.98%	2.49%	2.64%
Printing machinery used for printing by means of plates, Cylinders and other printing components of heading 8442; other printers, Copying machines and facsimile machines, Whether or not combined; parts and accessories thereof - printing machinery used for HSN Code: 84439100 84439900 84433229 Exporters : Nigeria Exporters 5 Nigeria Exporters Shipment 655	Value	$239,347.97	$916,860.78	-73.89%	0.14%	0.26%
	Shipment	210	243	-13.58%	1.64%	2.13%
Footwear with outer soles of rubber, Plastics, Leather or composition leather and uppers of textile materials - footwear with outer soles of rubber or plastics : HSN Code: 64041190 64041990 64041900 Exporters : Nigeria Exporters 16 Nigeria Exporters Shipment 603	Value	$270,456.31	$475,200.36	-43.09%	0.16%	0.14%
	Shipment	332	60	453.33%	2.60%	0.53%
Machinery, Not specified or included elsewhere in this chapter, For the industrial preparation or manufacture of food or drink, Other than machinery for the extraction or preparation of animal or fixed vegetable fats or oils HSN Code: 84388000 84389000 84386000 Exporters : Nigeria Exporters 5 Nigeria Exporters Shipment 496	Value	$16,548,148.96	$2,364,529.9	599.85%	9.73%	0.68%
	Shipment	451	19	2273.68%	3.53%	0.17%
Other articles of vulcanised rubber other than hard rubber HSN Code: 40169300 40169390 40169999 Exporters : Nigeria Exporters 13 Nigeria Exporters Shipment 492	Value	$27,898.26	$91,561.18	-69.53%	0.02%	0.03%
	Shipment	178	59	201.69%	1.39%	0.52%
Electrical transformers, Static converters (for example, Rectifiers) and inductors HSN Code: 85044090 85044019 85049000 Exporters : Nigeria Exporters 17 Nigeria Exporters Shipment 472	Value	$3,566,491.08	$713,937.38	399.55%	2.10%	0.21%
	Shipment	243	113	115.04%	1.90%	0.99%
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: 84716090 84716040 84713090 Exporters : Nigeria Exporters 17 Nigeria Exporters Shipment 457	Value	$29,641.6	$105,773.3	-71.98%	0.02%	0.03%
	Shipment	155	123	26.02%	1.21%	1.08%
Wigs, False beards, Eyebrows and eyelashes, Switches and the like, Of human or animal hair or of textile materials; articles of human hair not elsewhere specified or included - of synthetic textile materials : HSN Code: 67041900 67049000 67041100 Exporters : Nigeria Exporters 33 Nigeria Exporters Shipment 442	Value	$36,200.13	$15,291,884.35	-99.76%	0.02%	4.41%
	Shipment	53	334	-84.13%	0.41%	2.93%
T-shirts, Singlets and other vests, Knitted or crocheted HSN Code: 61091000 61099030 61099020 Exporters : Nigeria Exporters 28 Nigeria Exporters Shipment 438	Value	$11,652,215.82	$27,727,926.1	-57.98%	6.85%	8.00%
	Shipment	154	93	65.59%	1.20%	0.82%
Footwear with outer soles of rubber, Plastics, Leather or composition leather and uppers of leather - sports footwear : HSN Code: 64039990 64039190 64035990 Exporters : Nigeria Exporters 5 Nigeria Exporters Shipment 435	Value	$82,398.24	$108,277.3	-23.90%	0.05%	0.03%
	Shipment	239	56	326.79%	1.87%	0.49%
Cigars, Cheroots, Cigarillos and cigarettes, Of tobacco or of tobacco substitutes HSN Code: 24022000 Exporters : Nigeria Exporters 0 Nigeria Exporters Shipment 368	Value	$8,425,357.49	$5,251,492.66	60.44%	4.95%	1.51%
	Shipment	162	104	55.77%	1.27%	0.91%

Top Products		Aug-24	Sep-24	Growth%	Aug-24 Share	Sep-24 Share
Telephone sets, Including telephones for cellular networks or for other wireless networks: other apparatus for the transmission or reception of vice, Images or other data, Including apparatus for communication in a wired or wireless network (such as a loc HSN Code: 85177921 85177021 85177900 Exporters : Nigeria Exporters 28 Nigeria Exporters Shipment 11,694	Value	$869,036.38	$582,661.89	-32.95%	6.93%	2.31%
	Shipment	276	130	-52.90%	31.36%	17.06%
Parts and accessories suitable for use solely or principally with the apparatus of headings 8519 or 8521 HSN Code: 85229000 Exporters : Nigeria Exporters 0 Nigeria Exporters Shipment 1,381	Value	$49,853.68	$23,416.17	-53.03%	0.40%	0.09%
	Shipment	55	11	-80.00%	6.25%	1.44%
Parts and accessories (other than covers, Carrying cases and the like) suitable for use solely or principally with machines of headings 8469 to 8472 HSN Code: 84733090 84734000 84733010 Exporters : Nigeria Exporters 5 Nigeria Exporters Shipment 880	Value	$9,439.58	$2,179.9	-76.91%	0.08%	0.01%
	Shipment	11	9	-18.18%	1.25%	1.18%
Electric accumulators, Including separators therefore, Whether or not rectangular (including square HSN Code: 85079000 85072000 85072095 Exporters : Nigeria Exporters 9 Nigeria Exporters Shipment 873	Value	$96,813.5	$1,204,822.98	1144.48%	0.77%	4.78%
	Shipment	1	2	100.00%	0.11%	0.26%
Self-adhesive plates, Sheets, Film, Foil, Tape, Strip and other flat shapes, Of plastics, Whether or not in rolls HSN Code: 39199099 39199000 39191000 Exporters : Nigeria Exporters 14 Nigeria Exporters Shipment 823	Value	$4.8	$38.5	702.08%	0.00%	0.00%
	Shipment	4	3	-25.00%	0.45%	0.39%
Printing machinery used for printing by means of plates, Cylinders and other printing components of heading 8442; other printers, Copying machines and facsimile machines, Whether or not combined; parts and accessories thereof - printing machinery used for HSN Code: 84439100 84439900 84433229 Exporters : Nigeria Exporters 5 Nigeria Exporters Shipment 655	Value	$17,749.44	$63,102.75	255.52%	0.14%	0.25%
	Shipment	24	50	108.33%	2.73%	6.56%
Footwear with outer soles of rubber, Plastics, Leather or composition leather and uppers of textile materials - footwear with outer soles of rubber or plastics : HSN Code: 64041190 64041990 64041900 Exporters : Nigeria Exporters 16 Nigeria Exporters Shipment 603	Value	$9,987.75	$533.32	-94.66%	0.08%	0.00%
	Shipment	10	3	-70.00%	1.14%	0.39%
Machinery, Not specified or included elsewhere in this chapter, For the industrial preparation or manufacture of food or drink, Other than machinery for the extraction or preparation of animal or fixed vegetable fats or oils HSN Code: 84388000 84389000 84386000 Exporters : Nigeria Exporters 5 Nigeria Exporters Shipment 496	Value	$54,806.65	$0	-100.00%	0.44%	0.00%
	Shipment	2	0	-100.00%	0.23%	0.00%
Other articles of vulcanised rubber other than hard rubber HSN Code: 40169300 40169390 40169999 Exporters : Nigeria Exporters 13 Nigeria Exporters Shipment 492	Value	$453.12	$2,243.3	395.08%	0.00%	0.01%
	Shipment	6	18	200.00%	0.68%	2.36%
Electrical transformers, Static converters (for example, Rectifiers) and inductors HSN Code: 85044090 85044019 85049000 Exporters : Nigeria Exporters 17 Nigeria Exporters Shipment 472	Value	$1,064.09	$147.75	-86.11%	0.01%	0.00%
	Shipment	18	2	-88.89%	2.05%	0.26%
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: 84716090 84716040 84713090 Exporters : Nigeria Exporters 17 Nigeria Exporters Shipment 457	Value	$383,211.01	$1,163.59	-99.70%	3.05%	0.00%
	Shipment	21	7	-66.67%	2.39%	0.92%
Wigs, False beards, Eyebrows and eyelashes, Switches and the like, Of human or animal hair or of textile materials; articles of human hair not elsewhere specified or included - of synthetic textile materials : HSN Code: 67041900 67049000 67041100 Exporters : Nigeria Exporters 33 Nigeria Exporters Shipment 442	Value	$5,242.01	$0	-100.00%	0.04%	0.00%
	Shipment	9	0	-100.00%	1.02%	0.00%
T-shirts, Singlets and other vests, Knitted or crocheted HSN Code: 61091000 61099030 61099020 Exporters : Nigeria Exporters 28 Nigeria Exporters Shipment 438	Value	$86,870.96	$272,545.93	213.74%	0.69%	1.08%
	Shipment	17	22	29.41%	1.93%	2.89%
Footwear with outer soles of rubber, Plastics, Leather or composition leather and uppers of leather - sports footwear : HSN Code: 64039990 64039190 64035990 Exporters : Nigeria Exporters 5 Nigeria Exporters Shipment 435	Value	$3,719.83	$1,958.7	-47.34%	0.03%	0.01%
	Shipment	13	8	-38.46%	1.48%	1.05%
Cigars, Cheroots, Cigarillos and cigarettes, Of tobacco or of tobacco substitutes HSN Code: 24022000 Exporters : Nigeria Exporters 0 Nigeria Exporters Shipment 368	Value	$177,908.71	$191,126.35	7.43%	1.42%	0.76%
	Shipment	12	7	-41.67%	1.36%	0.92%

Top Export Products from Vietnam to Nigeria

Overview

Top Export Products from vietnam 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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