Top Export Products from Netherlands 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 netherlands to nigeria
Export Products from netherlands to nigeria
100
Top Products 2023 2022 Growth% 2023 Share 2022 Share
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:  84733000   84735000   84734000  
Exporters : Nigeria Exporters 0
Nigeria Exporters Shipment 4,191
Value $6,661,959.28 $5,769,830.19 greenUpArrow 15.46% 0.13%
Shipment 1,388 1,585 redDownArrow -12.43% 3.99%
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:  85176200   85177900   85177000  
Exporters : Nigeria Exporters 0
Nigeria Exporters Shipment 2,853
Value $52,431,276.96 $27,879,264.85 greenUpArrow 88.07% 0.99%
Shipment 964 1,212 redDownArrow -20.46% 2.77%
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:  84818000   84819000   84811000  
Exporters : Nigeria Exporters 0
Nigeria Exporters Shipment 2,084
Value $16,947,438.07 $10,904,972.38 greenUpArrow 55.41% 0.32%
Shipment 805 735 greenUpArrow 9.52% 2.31%
Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 8702), Including station wagons and racing cars

HSN Code:  87033320   87033220   87032120  
Exporters : Nigeria Exporters 1
Nigeria Exporters Shipment 2,032
Value $4,203,535.36 $8,119,408.25 redDownArrow -48.23% 0.08%
Shipment 414 1,098 redDownArrow -62.30% 1.19%
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:  85365000   85369000   85366900  
Exporters : Nigeria Exporters 0
Nigeria Exporters Shipment 1,789
Value $6,384,431.79 $1,939,383.15 greenUpArrow 229.20% 0.12%
Shipment 604 693 redDownArrow -12.84% 1.73%
Air or vacuum pumps, Air or other gas compressors and fans; ventilating or recycling hoods incorporating a fan, Whether or not fitted with filters

HSN Code:  84149090   84145900   84148090  
Exporters : Nigeria Exporters 0
Nigeria Exporters Shipment 1,706
Value $21,262,298.98 $4,788,308.57 greenUpArrow 344.05% 0.40%
Shipment 1,075 340 greenUpArrow 216.18% 3.09%
Other articles of vulcanised rubber other than hard rubber

HSN Code:  40169300   40169900   40169997 
Exporters : Nigeria Exporters 0
Nigeria Exporters Shipment 1,670
Value $2,344,506.67 $2,633,749.06 redDownArrow -10.98% 0.04%
Shipment 800 393 greenUpArrow 103.56% 2.30%
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:  84715090   84716090   84717090  
Exporters : Nigeria Exporters 0
Nigeria Exporters Shipment 1,572
Value $39,534,579.88 $45,148,962.78 redDownArrow -12.44% 0.75%
Shipment 702 491 greenUpArrow 42.97% 2.02%
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   73182900   73181600  
Exporters : Nigeria Exporters 0
Nigeria Exporters Shipment 1,555
Value $2,306,435.28 $1,085,431.5 greenUpArrow 112.49% 0.04%
Shipment 564 597 redDownArrow -5.53% 1.62%
Fish, Frozen, Excluding fish fillets and other fish meat of heading 0304 - salmonidae, Excluding livers and roes:

HSN Code:  03035100  03036800   03035400  
Exporters : Nigeria Exporters 0
Nigeria Exporters Shipment 1,486
Value $349,279,711.34 $308,850,059.14 greenUpArrow 13.09% 6.59%
Shipment 583 418 greenUpArrow 39.47% 1.67%
Parts and accessories of the motor vehicles of headings 8701 to 8705

HSN Code:  87089900   87089200   87088000  
Exporters : Nigeria Exporters 0
Nigeria Exporters Shipment 1,304
Value $62,715,813.06 $3,302,521.5 greenUpArrow 1799.03% 1.18%
Shipment 650 241 greenUpArrow 169.71% 1.87%
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:  84833000   84831000   84834000  
Exporters : Nigeria Exporters 0
Nigeria Exporters Shipment 1,200
Value $9,694,026.84 $3,550,528.3 greenUpArrow 173.03% 0.18%
Shipment 519 348 greenUpArrow 49.14% 1.49%
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:  84139190   84138100   84137000  
Exporters : Nigeria Exporters 0
Nigeria Exporters Shipment 1,196
Value $28,278,974.67 $10,042,536.68 greenUpArrow 181.59% 0.53%
Shipment 508 377 greenUpArrow 34.75% 1.46%
Centrifuges, Including centrifugal dryers; filtering or purifying machinery and apparatus, For liquids or gases - centrifuges, Including centrifugal dryers:

HSN Code:  84219900   84212300   84213100  
Exporters : Nigeria Exporters 0
Nigeria Exporters Shipment 1,175
Value $24,004,957.03 $10,263,734.52 greenUpArrow 133.88% 0.45%
Shipment 398 481 redDownArrow -17.26% 1.14%
Motor vehicles for the transport of goods

HSN Code:  87042120   87041090   87043120  
Exporters : Nigeria Exporters 0
Nigeria Exporters Shipment 1,156
Value $13,818,979.32 $22,700,328.86 redDownArrow -39.12% 0.26%
Shipment 363 590 redDownArrow -38.47% 1.04%