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Where does Nigeria get its refined petroleum products? Import sources 2024

In 2024, Nigeria imported $11.6 billion of refined petroleum products (10.9 million tonnes), 1.4% of the world total. Its main sources were Belgium (36%), the Netherlands (9%) and the United Arab Emirates (9%). Nigeria was the world’s 20th-largest importer of refined petroleum products.

Summary

Value
$11.6billion
Tonnes
10.9million tonnes
Share of world total
1.4%
World rank
20th
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Belgium re-exports4.2Tonnes: 4,956,186USD per tonne: $84736.3%Sea
Netherlands re-exports1Tonnes: 1,312,323USD per tonne: $7868.9%Sea
United Arab Emirates0.99Tonnes: 490,016USD per tonne: $2,0308.6%Sea
United Kingdom0.9Tonnes: 1,051,967USD per tonne: $8517.7%Sea
Norway0.89Tonnes: 1,311,990USD per tonne: $6757.7%Sea
Malta0.8Tonnes: —USD per tonne: —6.9%Sea
Saudi Arabia0.67Tonnes: 354USD per tonne: $1,890,2275.8%Air
United States0.44Tonnes: 737,695USD per tonne: $5923.8%Sea
Russia0.42Tonnes: 376USD per tonne: $1,124,4113.7%Air
Spain0.24Tonnes: 117,278USD per tonne: $2,0272.1%Sea
India0.19Tonnes: 189,441USD per tonne: $1,0141.7%Sea
France0.19Tonnes: 259,612USD per tonne: $7351.7%Sea
Mali0.12Tonnes: —USD per tonne: —1.1%Sea
Cyprus0.1Tonnes: 132,647USD per tonne: $7340.84%Sea
Singapore re-exports0.09Tonnes: 5,556USD per tonne: $15,9440.77%Sea
Malaysia0.08Tonnes: 72,858USD per tonne: $1,0810.68%Sea
Italy0.06Tonnes: 70,888USD per tonne: $7770.48%Sea
Ireland0.05Tonnes: 57,849USD per tonne: $8270.41%Sea
Lithuania0.03Tonnes: 33,667USD per tonne: $8230.24%Sea
South Korea0.02Tonnes: 20,287USD per tonne: $9380.16%Sea

Trend

Who it buys from

Belgium has been its main source since 2022

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

  • Belgium 4.2
  • Netherlands 1
  • United Arab Emirates 0.99
  • United Kingdom 0.9
  • Norway 0.89

Source: CEPII BACI

Show the numbers
Partner19952024
Belgium< 0.014.2
Netherlands0.031
United Arab Emirates00.99
United Kingdom0.010.9
Norway00.89

Sources and methodology

Other products of this country

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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