Exports from Russia to Nigeria are relatively insignificant (
0.2% of Russia's total exports), but are gradually developing. There were jumps in export dynamics in 2018.
(up to
$734 million due to an increase in the supply of wheat and oil products) and in 2021 (up to
$883 million due to an increase in the supply of oil products). For Nigeria, Russia is a fairly significant import partner.
In 2021, Russia provided
4% of deliveries to Nigeria and took
6th place in the country's import structure.
Statistics from Nigeria and Russia differ significantly. In 2021, according to Nigerian data, deliveries from Russia reached
$2.1 billion, according to Russian data,
$0.9 billion, which is more than 2 times lower, but is due to the route of supply of petroleum products and affects industrial goods to a lesser extent.
The main exports from Russia to Nigeria are oil products and wheat, which in 2021 provided almost
90% of Russian supplies to the country. Exports also include rolled sheets, potash and nitrogen fertilizers, and frozen fish.
Russia is among Nigeria's main wheat import partners; immune products, blood; unalloyed hot-rolled sheet metal; fertilizers.
Structure of Russian exports to Nigeria:
- Fuel 57%
- Grain 29%
- Fertilizers 5%
- Pharmaceutical products 2%
- Fish and seafood 2%
- Ferrous metals 1%
- Other 4%