Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Business News Politics

Nigeria’s Major Exports Went To India, Spain, Netherlands, South Africa – NBS

Editor by Editor
August 20, 2015
in Politics
Nigeria’s Major Exports Went To India, Spain, Netherlands, South Africa – NBS
Share on FacebookShare on TwitterShare on Linkedin

The Nigerian Bureau of Statistics released its foreign trade statistics Q2 2015 report, the report showed that the value of Nigeria’s exports totaled N2.8 trillion in Q2 2015, an increase of N214.1 billion or 8.0% over the value recorded in the preceding quarter, yet a decline of N1.8 billion or 38.5% year on year. The structure of the exports is still dominated by Crude Oil exports, which contributed N2.1 trillion or 73.7% to the value of total domestic exports in Q2 2015. Natural Liquefied Gas was the product with the second greatest export value, recording N260.7 billion or 9.1% of the total export value during the period under review.

Exports classified by section revealed that Nigeria exported mainly ‘’Mineral Products’’, which accounted for N2.5 trillion or 87.3% of the total export value in Q2 of 2015. Other products exported by Nigeria include ‘’Vehicles, aircraft and parts thereof; vessels etc.’’ at N250.6 billion or 8.7%, Vegetable Products’’ at N36.7 billion or 1.3%, and ‘’Prepared foodstuffs; spirits and vinegar; tobacco’’ at N24.6 billion or 0.9% of the totals respectively.

Nigeria exported goods mainly to India, Spain, Netherlands, South Africa and Brazil in the quarter of review, whose values stood at N406.1 billion (India), N297.4 billion (Spain), N296.3 billion (Netherlands), N240.9 billion (South Africa), and N147.8 billion (Brazil).

RelatedPosts

Latest US Interest Rate hike ‘will lead to Naira devaluation’ – Experts

Nigeria, Morocco to build world’s longest offshore pipeline

By continent, Nigeria exported goods mainly to Europe and Asia, which accounted for N1 trillion or 36.9% and N823.8 billion or 28.6% of the total export value respectively during the period under review. Nigeria exported N554.3 billion or 19.3% to the continent of Africa while export to the ECOWAS region totaled N171.1 billion, or 30.9% of all exports to Africa.

 

News continues after this ad


 

Related

Tags: News ReviewNigeria

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Mega Millions
Hot forex
Cornerstone
Polaris Bank
Access Bank
Bankers Committee
First bank


FCMB




    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • Investment strategies you should adopt in your 20s
    • Nigerian airline passengers to experience flight delays for the next 3 months
    • Concerns as 121 firms delisted from NGX in 20 years

    Follow us on social media:

    Recent News

    Investment strategies you should adopt in your 20s

    Investment strategies you should adopt in your 20s

    July 7, 2022
    Airlines increase ticket fare

    Nigerian airline passengers to experience flight delays for the next 3 months

    July 7, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com