Chart of the Day

#ChartoftheDay: Top 15 Import Traded Products in Q3 2021

By Chidera Attueyi

December 10, 2021

These are the top 15 top import traded products for Q3 2021 according to the recently released report for Foreign Trade in Goods Statistics for Q3 2021.

Motor spirit ordinary leads with over 1 trillion naira, Durum wheat (Not in seeds) and Gas oil follow suit as they rank 2nd and 3rd with over 315 and 225 billion naira each. 

As has been pointed out in several reports, Nigeria’s import volume is high although the major imports are consumables rather than goods or products that could significantly contribute to manufacturing and industry.