Trade in goods with USA SITC (Standard International Trade Classification)
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Nigeria trade flows with USA by SITC*) product sections during 2021/3 - 2021/7

*) Standard International Trade Classification (classification system is maintained by the United Nations)


Share of USA's2021/3
%
2021/4
%
2021/5
%
2021/6
%
2021/7
%
Export0.20.20.30.20.3
Import0.10.10.10.20.2
Trade in Goods0.20.20.20.20.2

USA's foreign trade with Nigeria, exports to Nigeria and imports from Nigeria in Juli 2021


The text of the following analysis is produced by a computer program. The program is a test version and its rule base at this stage is still quite limited.

In Juli Nigeria was USA's 53. most important foreign trade partner. Amounting trade to worth of $728 million was 131.4 per cent bigger than in Juli of the previous year. During the month, the balance of trade with Nigeria was $6.8 million of surplus.

The value of imports from Nigeria was 516.0 per cent higher than in Juli of the previous year, thus amounting to $360 million. More than half of the value of imports was in Sitc333 (petroleum oils and oils obtained from bituminous minerals, crude) representing a share of 82.5 per cent. The second major category of imports was Sitc334 (petroleum oils and oils obtained from bituminous minerals (other than crude); preparations, n.e.s., containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the prepar), corresponding to the share of 10.5 per cent of imports.

The value of exports to Nigeria were 43.5 percent higher than in Juli of the previous year, thus amounting to $367 million. The largest product groups of exports were: Sitc792 (aircraft and associated equipment; spacecraft (including satellites) and spacecraft launch vehicles; parts thereof), which represented a share of 22.6 per cent of total exports, Sitc781 (motor cars and other motor vehicles principally designed for the transport of persons (other than motor vehicles for the transport of ten or more persons, including the driver), including station-wagons and racing cars) 21.4 % and Sitc041 (wheat (including spelt) and meslin, unmilled) 13.4 % of the exports.

Significant increase in trade in goods in early 2021

During January-Juli, trade in goods with Nigeria has grown faster than USA's trade in goods with the rest of the world. During this year trade in goods between countries was significantly higher than in January-Juli of the previous year. Growth was as high as 75.6860372992754 per cent and the value of the trade increased to $4.3 billion. During January-Juli the value of imports was $2.0 billion. The export value was $2.3 billion. Compared to the corresponding period of the previous year, the value of imports increased by 156.6% and the value of exports by 37.4%. The largest product group in terms of imports has been Sitc333 (petroleum oils and oils obtained from bituminous minerals, crude), worth $1.6 billion. In export the largest value had Sitc781 (motor cars and other motor vehicles principally designed for the transport of persons (other than motor vehicles for the transport of ten or more persons, including the driver), including station-wagons and racing cars), worth being $562 million. The trade balance between USA and Nigerian between January and Juli was in surplus for USA. The timing surplus was $267 million.


Table: USA's export to Nigeria (NG) during 2021/3 - 2021/7

2021 / 32021 / 42021 / 52021 / 62021 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 44.6 12.4 35.8 11.1 51.9 13.8 70.5 22.0 58.9 16.0
00. Live animals 0.1 0.0 1.1 0.3 0.1 0.0 0.1 0.0 0 0.0
02. Dairy products and birds' eggs 0.2 0.0 0.2 0.1 0.7 0.2 0.3 0.1 0.10 0.2
03. Fish and fish preparations 0.1 0.0 0 0.0 0.6 0.1 2.1 0.7 4.5 1.2
04. Cereals and cereal preparations 40.5 11.2 29.5 9.2 42.9 11.4 65.4 20.4 49.3 13.4
09. Miscellaneous edible products and preparations 3.7 1.0 4.4 1.4 7.5 2.0 2.5 0.8 3.5 0.9
1. Beverages and tobacco 4.4 1.2 2.2 0.7 3.4 0.9 1.2 0.4 2.6 0.7
11. Beverages 4.0 1.1 2.1 0.6 3.2 0.8 0.7 0.2 2.2 0.6
2. Crude materials,inedible,except fuels 2.9 0.8 3.4 1.0 2.7 0.7 3.10 1.2 4.9 1.3
25. Pulp and waste paper 1.7 0.5 1.9 0.6 1.4 0.4 1.10 0.6 3.8 1.0
26. Textile fibres and their wastes 0.9 0.2 1.5 0.5 1.2 0.3 1.10 0.6 0.10 0.3
3. Mineral fuels etc 38.0 10.6 17.3 5.4 44.0 11.7 45.6 14.2 36.3 9.9
33. Petroleum and products 1.1 0.3 0.7 0.2 24.6 6.5 24.6 7.7 0.4 0.1
34. Gas,natural and manufactured 36.10 10.3 16.7 5.2 19.5 5.2 21.1 6.6 35.9 9.8
5. Chemicals and related products,n.e.s. 29.9 8.3 20.3 6.3 33.2 8.8 19.9 6.2 17.4 4.7
51. Organic chemicals 0.6 0.1 0.8 0.2 13.3 3.5 0.6 0.2 0.8 0.2
53. Dyeing,tanning and colouring material 0.6 0.2 0.5 0.1 0.9 0.2 0.5 0.2 0.7 0.2
54. Medicinal and pharmaceutical products 0.6 0.1 5.6 1.7 0.2 0.0 0.7 0.2 0.3 0.1
55. Perfume,cleaning etc.preparations 3.3 0.9 2.6 0.8 2.5 0.6 2.4 0.7 1.8 0.5
57. Plastics in primary forms 12.3 3.4 6.2 1.9 11.9 3.2 9.8 3.1 9.4 2.6
59. Chemical materials and products,n.e.s. 12.1 3.3 4.5 1.4 4.2 1.1 5.6 1.7 4.4 1.2
6. Basic manufactures 4.3 1.2 3.4 1.0 4.6 1.2 3.7 1.1 2.7 0.7
64. Paper,paperboard and articles thereof 1.2 0.3 0.9 0.3 0.7 0.2 0.7 0.2 0.6 0.2
65. Textile yarn,fabrics,made up articles,etc. 0.5 0.1 0.1 0.0 0.7 0.2 0.2 0.1 0.4 0.1
67. Iron and steel 0.3 0.1 0.6 0.2 1.2 0.3 0.2 0.1 0.2 0.1
69. Manufactures of metals,n.e.s. 1.5 0.4 1.1 0.3 1.1 0.3 1.9 0.6 0.6 0.1
7. Machinery,transport equipment 227.2 63.2 231.2 72.1 211.7 56.3 166.7 52.0 234.5 63.8
71. Power generating machinery and equipment 3.8 1.0 2.4 0.7 9.6 2.5 4.5 1.4 6.2 1.7
72. Machinery for specialized industries 5.3 1.5 4.5 1.4 6.7 1.8 5.2 1.6 9.5 2.6
74. General industrial machinery n.e.s. 11.0 3.1 11.5 3.6 16.8 4.5 10.1 3.1 10.10 3.0
75. Office machines and adp machines 3.7 1.0 2.5 0.8 2.5 0.6 1.4 0.4 2.1 0.6
76. Telecommunications and sound recording equipment 2.7 0.7 3.1 1.0 2.4 0.6 1.10 0.6 2.0 0.5
77. Electric machinery,n.e.s.and parts 7.2 2.0 4.2 1.3 2.5 0.7 1.3 0.4 7.5 2.0
78. Road vehicles 122.6 34.1 124.9 39.0 137.8 36.6 113.6 35.4 112.7 30.7
79. Other transport equipment 71.1 19.8 78.3 24.4 33.7 9.0 28.10 9.0 83.6 22.8
8. Miscellaneous manufactured articles 6.2 1.7 5.3 1.6 21.2 5.6 6.6 2.1 8.1 2.2
82. Furniture and parts thereof 0.7 0.2 0.5 0.1 0.4 0.1 0.3 0.1 0.5 0.1
87. Instruments and apparates n.e.s. 4.1 1.1 3.3 1.0 18.8 5.0 4.8 1.5 5.1 1.4
89. Miscellaneous manufactured articles,n.e.s. 1.1 0.3 1.1 0.3 1.6 0.4 0.10 0.3 1.10 0.5
9. Goods not classified elsewhere 2.5 0.7 1.9 0.6 3.10 1.0 2.3 0.7 2.2 0.6
93. Special transactions and commodities not classified 0.3 0.1 0.1 0.0 1.4 0.4 0.1 0.0 0.1 0.0
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 2.3 0.6 1.9 0.6 2.7 0.7 2.3 0.7 2.2 0.6
0-9. All groups combined 359.7 100.0 320.5 100.0 376.3 100.0 320.4 100.0 367.3 100.0

Source: US Census Bureau

Table: Import from Nigeria (NG) to USA during 2021/3 - 2021/7

2021 / 32021 / 42021 / 52021 / 62021 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 13.8 4.3 24.7 8.7 7.2 2.7 3.1 0.7 5.10 1.6
03. Fish and fish preparations 1.0 0.3 0.1 0.0 0.6 0.2 0.1 0.0 0.1 0.0
05. Vegetables and fruit 2.6 0.8 0.8 0.3 0.7 0.3 1.1 0.3 1.4 0.4
07. Coffee,tea,cocoa,spices 9.10 3.1 19.9 7.0 5.7 2.1 1.8 0.4 4.4 1.2
08. Feeding stuff for animals 0.1 0.0 2.10 1.0 0 0.0 0.1 0.0 0 0.0
09. Miscellaneous edible products and preparations 0.3 0.1 1.0 0.3 0.3 0.1 0.2 0.0 0.2 0.0
2. Crude materials,inedible,except fuels 5.0 1.5 12.9 4.6 8.6 3.2 0.8 0.2 2.2 0.6
28. Metalliferous ores and metal scrap 4.5 1.4 12.2 4.3 7.6 2.8 0 0.0 1.3 0.4
29. Crude animal,vegetable materials n.e.s. 0.4 0.1 0.3 0.1 0.6 0.2 0.6 0.1 0.5 0.1
3. Mineral fuels etc 299.5 92.7 236.2 83.7 245.8 92.1 406.3 98.1 342.7 95.0
33. Petroleum and products 299.5 92.7 236.2 83.7 245.8 92.1 401.1 96.8 342.7 95.0
34. Gas,natural and manufactured 0 0.0 0 0.0 0 0.0 5.2 1.2 0 0.0
6. Basic manufactures 1.3 0.4 1.2 0.4 1.5 0.5 1.9 0.5 1.0 0.3
68. Non-ferrous metals 1.2 0.4 1.1 0.4 1.4 0.5 1.8 0.4 0.5 0.1
8. Miscellaneous manufactured articles 0.9 0.3 4.8 1.7 1.4 0.5 0.8 0.2 0.8 0.2
89. Miscellaneous manufactured articles,n.e.s. 0.8 0.2 4.7 1.6 1.3 0.5 0.7 0.1 0.4 0.1
9. Goods not classified elsewhere 1.10 0.6 2.0 0.7 1.9 0.7 0.8 0.2 7.6 2.1
93. Special transactions and commodities not classified 1.6 0.5 1.7 0.6 1.7 0.6 0.5 0.1 7.1 2.0
0-9. All groups combined 322.9 100.0 282.1 100.0 266.8 100.0 414.2 100.0 360.5 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2021 January - Juli (Sitc)


Year level of Advanced Technology Products (ATP)

Advanced Technology Products (ATP) of last published months

Year 2021 January - Juli (ATP)

USA's Trade in Goods Start Page