Nigeria Imports from Equatorial Guinea

Nigeria's imports from Equatorial Guinea rose to $88.38 million in 2024, up from $23.09 million in 2023, according to the UN Comtrade Database. This represents an increase of 282.8% ($65.29 million) from the previous year. Top imports for Nigeria from Equatorial Guinea were Mineral fuels, oils, waxes, bitumen ($74.02 million), Organic chemicals ($14.34 million), Vehicles other than railway or tramway ($15,571.87).

Nigeria had a trade deficit with Equatorial Guinea that widened to $36.48 million in 2024 from $10.32 million in 2023. This is an increase of 253.3% ($26.15 million).

Nigeria Imports from Equatorial Guinea by Goods (2024)

The table below shows the ranking of Nigeria imports from Equatorial Guinea by goods in 2024, highlighting the top imported goods.

Import Rank Imported Goods Import Value (USD) Year
1 Mineral fuels, oils, waxes, bitumen $74.02M 2024
2 Organic chemicals $14.34M 2024
3 Vehicles other than railway or tramway and parts $15,571.87 2024
4 Machinery, mechanical appliances, reactors $1,535.76 2024
5 Articles of iron or steel $63.10 2024
6 Rubber and rubber articles $35.92 2024