These are Indonesia's Top Exports to Nigeria

Indonesia recorded exports to Nigeria of US$371.05 million as of December 2020. This value represents a 12.55% decrease compared to the previous year's exports, which totaled US$424.3 million.

Indonesia's trade record with Nigeria shows a significant decline in exports over the past 10 years. The lowest export value to Nigeria was US$310.82 million, while the highest reached US$648.62 million.

Of the 97 products (two-digit HS codes) exported to Nigeria, only 30 products were worth more than one billion dollars. Most of the products exported to Nigeria are also exported to other countries, totaling 60 products.

The following is a list of the top five products exported by Indonesia to Nigeria, ordered from highest to lowest transaction value:

1. Vegetable fats and oils and their cleavage products

Falling under HS code 15, Vegetable fats and oils and their cleavage products are categorized together with edible fats and animal... This product group ranked first in exports to Nigeria, with Indonesia exporting US$105.22 million. This is lower than the previous period's US$113.84 million.

2. Other edible preparations

Indonesia's second-largest export to Nigeria was other edible preparations, valued at US$41,100,000 in 2020. This represents an increase compared to the previous period's US$36,009,000.

3. Paper and paperboard

Indonesia exported this product to 162 countries. Exports of paper and paperboard to Nigeria ranked 18th. In 2020, Indonesia exported US$38,667,000 worth of paper and paperboard to Nigeria. Other major export destinations for paper and paperboard include China, Japan, the United States, Vietnam, and Malaysia.

4. Pharmaceutical products

Indonesia exported pharmaceutical products to 138 countries. Exports to Nigeria ranked seventh. In 2020, Indonesia recorded exports of US$32,303,000. Other major export destinations for pharmaceutical products include Singapore, the Philippines, Japan, Taiwan, China, and India.

5. Essential oils and resinoids

Exports of essential oils and resinoids totaled US$21,278,000, an increase compared to the previous period's US$16,680,000. Indonesia exported these products to 136 countries. Exports to Nigeria ranked 12th. Other top five export destinations include Singapore, Thailand, the Philippines, Malaysia, and India.