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Trade between France and Nigeria

In 2024, France exported $776 million to Nigeria and imported $4.8 billion. France ran a deficit of $4 billion with Nigeria, compared with a deficit of $3.6 billion in 2019. Nigeria was France’s 42nd largest trading partner (0.4% of its trade), and France was Nigeria’s 5th (5%).

Summary

France → Nigeria
$776million
Nigeria → France
$4.8billion
France’s balance
-$4billion

Balance

France’s trade balance with Nigeria

Trade between France and Nigeria grew 4.8-fold since 1995

USD billions (current). France’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 0.8
  • Imports 4.8
  • Balance -4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$394 million$782 million-$387 million
1996$615 million$1.4 billion-$775 million
1997$493 million$713 million-$221 million
1998$568 million$746 million-$178 million
1999$566 million$770 million-$205 million
2000$595 million$1.1 billion-$543 million
2001$622 million$1.1 billion-$475 million
2002$828 million$1.1 billion-$245 million
2003$935 million$1.5 billion-$563 million
2004$924 million$1.1 billion-$212 million
2005$1.3 billion$1.5 billion-$182 million
2006$2 billion$2.6 billion-$632 million
2007$1.7 billion$1.8 billion-$133 million
2008$2.2 billion$4.9 billion-$2.7 billion
2009$2.2 billion$2.8 billion-$616 million
2010$2.8 billion$3.8 billion-$1 billion
2011$3.1 billion$6.1 billion-$3.1 billion
2012$1.8 billion$5.8 billion-$4.1 billion
2013$2 billion$4.8 billion-$2.8 billion
2014$2 billion$5.6 billion-$3.6 billion
2015$1.3 billion$3.3 billion-$2 billion
2016$1.7 billion$2.4 billion-$674 million
2017$1.2 billion$2.8 billion-$1.6 billion
2018$785 million$4.4 billion-$3.7 billion
2019$806 million$4.4 billion-$3.6 billion
2020$909 million$2 billion-$1.1 billion
2021$746 million$3.4 billion-$2.7 billion
2022$843 million$5 billion-$4.1 billion
2023$910 million$4.8 billion-$3.9 billion
2024$776 million$4.8 billion-$4 billion

What they sell each other

What France sells to Nigeria

The top 10 headings in 2024, with their share of the total.

  1. Refined petroleum$191 million · 24.6%
    260 thousand tonnes · France’s destinations
  2. Stamps and banknotes$79 million · 10.3%
    2 thousand tonnes
  3. Vaccines, blood and antisera$40 million · 5.1%
    60 tonnes · France’s destinations
  4. Aircraft parts$35 million · 4.6%
    3 tonnes
  5. Spirits$25 million · 3.2%
    1 thousand tonnes
  6. 568 tonnes · France’s destinations
  7. Fragrance mixtures$21 million · 2.7%
    1 thousand tonnes
  8. Powdered and condensed milk$18 million · 2.3%
    6 thousand tonnes
  9. Wheat$17 million · 2.2%
    33 thousand tonnes · France’s destinations
  10. Wine$17 million · 2.1%
    801 tonnes · France’s destinations

What Nigeria sells to France

The top 10 headings in 2024, with their share of the total.

  1. Crude petroleum$4.2 billion · 87.6%
    6.4 million tonnes · Nigeria’s destinations
  2. Natural gas and LPG$307 million · 6.4%
    579 thousand tonnes
  3. Refined petroleum$123 million · 2.6%
    155 thousand tonnes · Nigeria’s destinations
  4. Soybean meal and pellets$84 million · 1.7%
    159 thousand tonnes
  5. 2 thousand tonnes
  6. Cocoa butter$14 million · 0.29%
    698 tonnes
  7. Cocoa beans$10 million · 0.2%
    3 thousand tonnes · Nigeria’s destinations
  8. Dredgers and floating cranes$6 million · 0.12%
    5 thousand tonnes
  9. Natural rubber$5 million · 0.11%
    2 thousand tonnes
  10. Other oilseeds$3 million · 0.06%
    1 thousand tonnes

How it travels

Estimated sea route from Le Havre to Lagos.

The estimated sea route between Le Havre and Lagos is 4,097 nautical miles (7,587 km) long: ≈ 9.5–12 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$5.3 billion · 95.3%
  2. Air$260 million · 4.7%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Nigeria was France’s 42nd largest trading partner (0.4% of its trade), and France was Nigeria’s 5th (5%).

Nigeria in France’s trade
0.4%
Nigeria’s rank among France’s partners
42nd
France in Nigeria’s trade
5%
France’s rank among Nigeria’s partners
5th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.