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Trade between Nigeria and South Africa

In 2024, Nigeria exported $2.5 billion to South Africa and imported $406 million. Nigeria ran a surplus of $2.1 billion with South Africa, compared with a surplus of $3.1 billion in 2019. South Africa was Nigeria’s 11th largest trading partner (3% of its trade), and Nigeria was South Africa’s 23rd (1%).

Summary

Nigeria → South Africa
$2.5billion
South Africa → Nigeria
$406million
Nigeria’s balance
$2.1billion

Balance

Nigeria’s trade balance with South Africa

Trade between Nigeria and South Africa grew 50.4-fold since 1995

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

  • Exports 2.5
  • Imports 0.4
  • Balance +2.1

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$7 million$51 million-$44 million
1996$11 million$70 million-$59 million
1997$74 million$64 million$10 million
1998$30 million$78 million-$48 million
1999$203 million$116 million$87 million
2000$183 million$122 million$61 million
2001$236 million$301 million-$64 million
2002$344 million$296 million$48 million
2003$405 million$407 million-$2 million
2004$808 million$445 million$363 million
2005$654 million$528 million$126 million
2006$1.4 billion$620 million$816 million
2007$1.8 billion$799 million$975 million
2008$1.9 billion$1 billion$870 million
2009$1.8 billion$773 million$1.1 billion
2010$2.2 billion$690 million$1.5 billion
2011$3.5 billion$963 million$2.5 billion
2012$5 billion$948 million$4.1 billion
2013$3.6 billion$980 million$2.7 billion
2014$5.1 billion$1.1 billion$4 billion
2015$3 billion$744 million$2.3 billion
2016$2.1 billion$533 million$1.5 billion
2017$1.7 billion$446 million$1.3 billion
2018$3.8 billion$488 million$3.4 billion
2019$3.7 billion$556 million$3.1 billion
2020$2.2 billion$534 million$1.6 billion
2021$2.2 billion$577 million$1.7 billion
2022$2.3 billion$538 million$1.7 billion
2023$2.4 billion$441 million$1.9 billion
2024$2.5 billion$406 million$2.1 billion

What they sell each other

What Nigeria sells to South Africa

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

  1. Crude petroleum$2.5 billion · 96.6%
    3.9 million tonnes · Nigeria’s destinations
  2. Nitrogen fertilizers$32 million · 1.2%
    98 thousand tonnes
  3. Refined petroleum$29 million · 1.1%
    51 thousand tonnes · Nigeria’s destinations
  4. Natural rubber$8 million · 0.31%
    4 thousand tonnes
  5. 549 tonnes
  6. Natural gas and LPG$3 million · 0.13%
    5 thousand tonnes
  7. Dredgers and floating cranes$2 million · 0.09%
    320 tonnes
  8. Other oilseeds$796 thousand · 0.03%
    379 tonnes
  9. Margarine$671 thousand · 0.03%
    431 tonnes
  10. Coconuts, Brazil nuts and cashews$654 thousand · 0.03%
    134 tonnes

What South Africa sells to Nigeria

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

  1. Polypropylene$49 million · 12.1%
    47 thousand tonnes
  2. Trucks$40 million · 9.8%
    4 thousand tonnes · South Africa’s destinations
  3. Apples and pears$34 million · 8.3%
    42 thousand tonnes
  4. Batteries$17 million · 4.3%
    350 tonnes
  5. Fragrance mixtures$15 million · 3.7%
    2 thousand tonnes
  6. Alcohols$11 million · 2.7%
    9 thousand tonnes
  7. Metal caps and lids$11 million · 2.7%
    1 thousand tonnes
  8. Polyethylene$9 million · 2.2%
    8 thousand tonnes
  9. Other food preparations$8 million · 2%
    2 thousand tonnes
  10. Cars$6 million · 1.6%
    465 tonnes · South Africa’s destinations

How it travels

Estimated sea route from Lagos to Durban.

The estimated sea route between Lagos and Durban is 3,548 nautical miles (6,572 km) long: ≈ 8–10.5 days at sea (at 18 and 14 knots).

Passages it crosses: Cape of Good Hope.

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$2.9 billion · 98%
  2. Air$59 million · 2%

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

How much each matters to the other

South Africa was Nigeria’s 11th largest trading partner (3% of its trade), and Nigeria was South Africa’s 23rd (1%).

South Africa in Nigeria’s trade
2.6%
South Africa’s rank among Nigeria’s partners
11th
Nigeria in South Africa’s trade
1.2%
Nigeria’s rank among South Africa’s partners
23rd

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.