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How dependent is Nigeria on the United States?

In 2024, the United States sold $4.3 billion to Nigeria, 9% of its imports, ranking 3rd among its suppliers. Its share was 7.2% in 2019 and 12.4% in 1995. In 10 products it sells more than 50% of what Nigeria buys of them (in 6, more than 75%); what Nigeria buys from the United States in those products (dominated value) adds up to $2.3 billion, 4.9% of its imports.

Summary

Share of its imports
9%
Value imported
$4.3billion
Rank among its suppliers
3rd
Products where it sells over 50%
10
Products where it sells over 75%
6
Dominated value
$2.3billion
Share of total imports
4.9%

Trend

Trend in shares

The United States went from 12.4% to 9% of what Nigeria buys

Share (%)

  • United States 9%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
199559512.4%2
19961,01014.1%1
19971,04713.6%1
199888811%2
199975010.5%1
200091110.3%2
20011,19510%2
20021,45610.5%1
20032,30113.6%1
20041,4669.8%2
20051,4518%2
20063,62112%2
20074,41011%2
20083,5337.3%3
20093,5707.8%2
20106,62212.4%2
20116,2579.1%2
20125,14410.8%2
20136,03711.3%2
20145,56210.4%2
20153,5378.5%2
20162,6657.4%3
20172,7617.3%3
20182,4375.4%5
20193,6467.2%4
20204,7338.5%2
20213,8006.6%4
20223,6245.6%5
20233,5265.2%5
20244,3269%3

Products where the United States sells more than half

ProductSupplierShareSecondValue
Crude petroleumUnited States100%over 75%—$1.2 billion
CarsUnited States58%Canada · 8.8%$645 million
Natural gas and LPGUnited States74.7%Equatorial Guinea · 14.1%$393 million
Open-chain hydrocarbonsUnited States78.8%over 75%Singapore · 8.2%$49 million
SoybeansUnited States96%over 75%China · 4%$29 million
Tissue paper stockUnited States68.9%China · 14.3%$11 million
Fishing vesselsUnited States100%over 75%China · 0.04%$4 million
Nickel pipes and fittingsUnited States53.4%France · 24%$1 million
Radioactive elementsUnited States76.2%over 75%South Africa · 12.9%$1 million
SorghumUnited States100%over 75%Malaysia · 0.04%$1 million

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from the United States

Nigeria is the United States’ 52nd-largest customer, with 0.23% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.