Trade Data Analysis

Nigeria: Intra-Africa trade and tariff profile

Nigeria: Intra-Africa trade and tariff profile

Please login to access the files below.

Intra-Africa trade profile for 2018

In 2018, Nigeria exported and imported goods to and from the rest of Africa to the value of US$7 billion and US$1.3 billion, respectively. Intra-Africa exports accounts for 13% of Nigeria’s total exports and imports for 4% of total imports for 2018.

Between 2017 and 2018 Nigeria’s world exports increased by 30%, while intra-Africa exports increased by 41%. The increase in exports can mainly be attributed to a 50% increase in exports of crude petroleum oils and a 101% increase in exports of floating structures for breaking up. Exports to South Africa increased by 84%, while exports to the Ivory Coast increased by 81%.

  • 88% of intra-Africa exports were crude petroleum oils, almost half of which were to South Africa.

  • Other export products include floating structures for breaking up (3%), electric energy (2%) and petroleum gas (1%).

  • Between 2017 and 2018 world imports increased by 26%, while intra-Africa imports increased by 25% – imports of petroleum oils (not crude) increased by 187%; imports from South Africa and Egypt increased by 24% and 73% respectively

  • The main import product was non-crude petroleum oil (18% of intra-Africa imports). Other imports included fertilisers (7%), polymers of propylene in primary form (7%) and fertilisers (5%).

  • In terms of Nigeria’s total intra-Africa trade (exports + imports) Nigeria mainly trades with South Africa (46% of total intra-Africa trade), Ivory Coast (15%), Togo (12%) and Senegal (7%).

  • South Africa is Nigeria’s main African trading partner (both as destination and source market). Accordingly, Nigeria’s trade with countries outside ECOWAS account for 55% and 83% of intra-Africa exports and imports respectively.

  • Intra-ECOWAS exports account for 45% of Nigeria’s intra-Africa exports and for only 16% of intra-Africa imports.

  • Apart from South Africa, other African destination markets for Nigeria’s exports include Cameroon, Egypt, Namibia and Mozambique.

  • Main African source markets (excluding South Africa) are Morocco, Egypt, eSwatini and Tunisia.

Intra-Africa import tariffs

Nigeria subscribes to the ECOWAS ETLS enabling all qualifying goods sourced from approved producers in the other ECOWAS member states to be imported into Nigeria duty-free. Goods imported from CEN-SAD countries, which are not ECOWAS member states (including Egypt, Morocco, Somalia and Tunisia) and the rest of Africa are levied the MFN applied duty. The MFN applied duty of Nigeria is the ECOWAS CET which have five tariff bands – duty-free, 5%, 10%, 20% and 35%.

Downloads

Nigeria: Intra-Africa trade and tariff profile | August 2019
Infographic: Nigeria – Intra-Africa trade and tariff profile | August 2019
Nigeria: Intra-Africa trade and tariff profile | September 2018
Infographic: Nigeria – Intra-Africa trade and tariff profile | September 2018

* Registration to the tralac website is required in order to download these files. Registration is free of charge and for monitoring purposes only.