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Who buys Nigeria’s liquefied natural gas (LNG)? Export destinations 2024

In 2024, Nigeria exported $6.7 billion of liquefied natural gas (LNG) (11.8 million tonnes), 3.1% of the world total. Its main destinations were China (12%), India (12%) and Spain (11%). Nigeria was the world’s 8th-largest exporter of liquefied natural gas (LNG).

Summary

Value
$6.7billion
Tonnes
11.8million tonnes
Share of world total
3.1%
World rank
8th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
China816Tonnes: 1,367,542USD per tonne: $59712.1%Sea
India798Tonnes: 1,420,255USD per tonne: $56211.9%Sea
Spain725Tonnes: 1,542,570USD per tonne: $47010.8%Sea
Portugal638Tonnes: 1,653,856USD per tonne: $3869.5%Sea
South Korea584Tonnes: 958,848USD per tonne: $6098.7%Sea
United States391Tonnes: 740,319USD per tonne: $5295.8%Sea
Japan359Tonnes: 521,162USD per tonne: $6895.3%Sea
Thailand336Tonnes: 583,353USD per tonne: $5775%Sea
France307Tonnes: 579,152USD per tonne: $5304.6%Sea
Pakistan306Tonnes: 663,552USD per tonne: $4614.5%Sea
Kuwait290Tonnes: 55,133USD per tonne: $5,2624.3%Sea
Philippines214Tonnes: 333,810USD per tonne: $6413.2%Sea
Taiwan155Tonnes: 263,604USD per tonne: $5872.3%Sea
Egypt153Tonnes: 289,739USD per tonne: $5282.3%Sea
Netherlands re-exports139Tonnes: 219,869USD per tonne: $6332.1%Sea
Bangladesh127Tonnes: 16,798USD per tonne: $7,5811.9%Sea
Jamaica79.5Tonnes: 28,994USD per tonne: $2,7411.2%Sea
United Kingdom58.6Tonnes: 128,772USD per tonne: $4550.87%Sea
Hong Kong re-exports53.8Tonnes: 116,107USD per tonne: $4630.8%Sea
Togo51.4Tonnes: 26,000USD per tonne: $1,9780.76%Sea

Trend

Who it sells to

China has been its main destination since 2024

Value in USD billions. The five largest destinations in 2024.

  • China 0.82
  • India 0.8
  • Spain 0.72
  • Portugal 0.64
  • South Korea 0.58

Source: CEPII BACI

Show the numbers
Partner19952024
China00.82
India00.8
Spain00.72
Portugal00.64
South Korea00.58

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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