Trade Promotion Programme -
Focus: Africa
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Features of Focus Countries
Nigeria
Economic Indicators (Year 2002)
| * Population (mid year in Million) |
132.8 |
| * GDP (US$ Billion) |
43.4 |
| * Average Annual Growth of GDP Per
Capita |
-3.1 |
| * Average Annual Growth in GDP |
-0.9 |
Top 20 Product Groups of Nigeria's Global
Imports, major supplier countries and India's %age
share. (Year 2002)
Value in Million USD
|
S.No. |
HS code |
Product
Description |
Global Imports |
Imports from
India |
Top Supplier
Countries Year 2000 |
India's % Share |
| |
|
All products |
10,502.39 |
446.97 |
|
4.256 |
|
1 |
84 |
Nuclear
reactors, boilers, machinery, etc |
1,775.41 |
58.99 |
Germany, UK,
USA |
3.322 |
|
2 |
85 |
Electrical,
electronic equipment |
1,148.17 |
17.77 |
UK, Germany,
Belgium |
1.548 |
|
3 |
87 |
Vehicles other
than railway, tramway |
812.72 |
31.75 |
Japan, Germany,
France |
3.906 |
|
4 |
27 |
Mineral fuels,
oils, distillation products, etc |
552.01 |
0.16 |
UK, USA,
Netherlands |
0.030 |
|
5 |
73 |
Articles of
iron or steel |
445.73 |
27.56 |
UK, Italy ,
France |
6.183 |
|
6 |
39 |
Plastics and
articles thereof |
397.53 |
15.84 |
Korea Rp, UK,
USA |
3.984 |
|
7 |
89 |
Ships, boats
and other floating structures |
370.29 |
0.00 |
USA, UAE, UK |
0 |
|
8 |
10 |
Cereals |
357.03 |
26.08 |
USA, Thailand,
UK |
7.303 |
|
9 |
30 |
Pharmaceutical
products |
293.33 |
70.74 |
France, India,
UK |
24.116 |
|
10 |
72 |
Iron and steel |
292.89 |
23.48 |
Japan, germany,
Russian Fed |
8.017 |
|
11 |
17 |
Sugars and
sugar confectionery |
234.34 |
0.06 |
Brazil, UK,
Belgium |
0.023 |
|
12 |
3 |
Fish,
crustaceans, molluscs, aquatic invertebrates nes |
194.09 |
0.01 |
Netherlands,
Mauritania, UK |
0.005 |
|
13 |
58 |
Special woven
or tufted fabric, lace, tapestry etc |
192.54 |
2.68 |
USA, Korea RP,
China |
1.391 |
|
14 |
4 |
Dairy products,
eggs, honey, edible animal product nes |
180.68 |
0.00 |
Netherlands,
UK, Ireland |
0 |
|
15 |
48 |
Paper &
paperboard, articles of pulp, paper and board |
167.21 |
19.04 |
Germany, UK,
Brazil |
11.389 |
|
16 |
29 |
Organic
chemicals |
140.25 |
9.02 |
UK, Germany,
USA |
6.433 |
|
17 |
40 |
Rubber and
articles thereof |
136.98 |
14.37 |
UK, China, USA |
10.488 |
|
18 |
90 |
Optical, photo,
technical, medical, etc apparatus |
135.11 |
2.80 |
USA, China, UK |
2.070 |
|
19 |
38 |
Miscellaneous
chemical products |
134.42 |
3.64 |
UK, Germany,
Benin |
2.709 |
|
20 |
15 |
Animal,vegetable
fats and oils, cleavage products, etc |
117.70 |
0.42 |
USA, UK,
Germany |
0.354 |
Source
- UN Database
Principal Commodities of India's Bilateral Trade
with Nigeria
India's Export of Principal Commodities to Nigeria
| Rank |
Commodity |
Value in US$
Million April - Dec., 2002 |
Value in US$
Million April - Dec., 2003 |
% Share in
April - Dec., 2003 |
% Age growth /
decline Apr - Dec 2003 / Apr - Dec 2002 |
| |
Total |
323.06 |
415.08 |
100.00 |
28.48 |
| 1 |
Machinery &
Instruments |
45.41 |
55.35 |
13.33 |
21.90 |
| 2 |
Drugs,
Pharmaceuticals & Fine Chemicals |
56.50 |
52.65 |
12.68 |
-6.82 |
| 3 |
Manufactures of
Metals |
32.78 |
40.38 |
9.73 |
23.18 |
| 4 |
Transport
Equipment |
19.65 |
35.65 |
8.59 |
81.39 |
| 5 |
Paper /Wood
Products |
14.34 |
21.26 |
5.12 |
48.30 |
| 6 |
Cotton yarn,
Fabrics, made-up etc. |
19.95 |
20.41 |
4.92 |
2.35 |
| 7 |
Plastic &
Linoleum Products |
13.37 |
16.79 |
4.04 |
25.60 |
| 8 |
Primary &
Semi Finished Iron and steel |
18.28 |
14.58 |
3.51 |
-20.22 |
| 9 |
Manmade yarn,
fabrics, made-up |
17.89 |
13.18 |
3.18 |
-26.32 |
| 10 |
Rubber
Manufactured products except footwear |
9.37 |
11.94 |
2.88 |
27.44 |
| 11 |
Readymade
Garments of Cotton including accessories |
7.07 |
9.38 |
2.26 |
32.76 |
| 12 |
Glass/
Glassware/ Ceramics/ Refractories/ Cement |
7.48 |
8.34 |
2.01 |
11.61 |
| 13 |
Machine Tools |
2.96 |
6.83 |
1.65 |
130.56 |
| 14 |
Electronic
Goods |
6.04 |
6.27 |
1.51 |
3.76 |
| 15 |
Other
Commodities |
3.52 |
6.25 |
1.51 |
77.65 |
| 16 |
Inorganic
/Organic /Agro Chemicals |
5.59 |
6.02 |
1.45 |
7.66 |
| 17 |
Dyes
/Intermediates & Coart Tar Chemicals |
4.62 |
3.62 |
0.87 |
-21.59 |
| 18 |
Cosmetics
/Toiletries, etc. |
2.83 |
3.31 |
0.80 |
17.01 |
| 19 |
Readymade
Garments of Manmade fibres |
2.76 |
3.07 |
0.74 |
11.21 |
| 20 |
Non-ferrous
Metals |
1.00 |
1.87 |
0.45 |
86.25 |
| |
Total for Top
20 Product Groups |
291.40 |
337.15 |
81.23 |
15.70 |
Source
: DGCI & S
1USD : Rs. 48.61 (April - Dec. 2002 Average of Monthly
RBI Rates)
1USD : Rs. 46.15 (April - Dec. 2003 Average of Monthly
RBI Rates)
India's Import of Principal Commodities from
Nigeria
Value in US$ Million
|
Commodity |
April - Dec.,
2002 |
April - Dec.,
2003 |
% Share in
April - Dec., 2003 |
% Age growth /
decline Apr - Dec 2003 / Apr - Dec 2002 |
|
Total |
58.4781 |
59.4173 |
|
|
|
Wood and Wood
Products |
20.9543 |
16.7795 |
28.24 |
-15.65 |
|
Mealifers Ores
and Metal Scrap |
6.6481 |
16.6327 |
27.99 |
163.55 |
|
Cashew Nuts |
9.5180 |
10.8912 |
18.33 |
20.54 |
|
Other
Commodities |
4.9260 |
3.0373 |
5.11 |
-35.05 |
|
Machinery
Except Electrical & Electronic |
0.7057 |
2.0391 |
3.43 |
204.40 |
|
Project Goods |
0.3891 |
1.8183 |
3.06 |
392.25 |
|
Cotton Raw :
Combed/Uncombed/Waste |
4.0309 |
1.1003 |
1.85 |
-71.25 |
|
Organic
Chemicals |
3.6984 |
1.0855 |
1.83 |
-69.08 |
|
Iron and Steel |
0.6642 |
0.9373 |
1.58 |
48.64 |
|
Paper Board and
Manufactures |
0.3442 |
0.7369 |
1.24 |
125.49 |
|
Non-Ferrous
Metals |
0.2149 |
0.5780 |
0.97 |
183.37 |
|
Spices |
0.0004 |
0.5454 |
0.92 |
155876.47 |
|
RMG (Woven
& Knit) |
0.0000 |
0.4423 |
0.74 |
- |
|
Electronic
Goods |
0.1739 |
0.3821 |
0.64 |
131.44 |
|
Leather |
0.2891 |
0.2835 |
0.48 |
3.33 |
|
Artificial
Resins, Plastic Materials, etc. |
1.5570 |
0.2274 |
0.38 |
-84.62 |
|
Pulps and Waste
paper |
0.3517 |
0.2268 |
0.38 |
-32.08 |
|
Transport
Equipments |
0.1168 |
0.1984 |
0.33 |
78.96 |
|
Medicinal &
Pharmaceuticals Products |
0.6725 |
0.1912 |
0.32 |
-70.06 |
|
Pearls
Precious, Semi Precious, stones |
0.2540 |
0.1881 |
0.32 |
-22.01 |
|
Manufactures of
Metals |
0.0363 |
0.1469 |
0.25 |
326.96 |
|
Pulses |
0.1314 |
0.1358 |
0.23 |
8.91 |
|
Wool, Raw |
0.8572 |
0.1307 |
0.22 |
-83.93 |
|
Professional
Inst, etc. except electronic |
0.4555 |
0.1182 |
0.20 |
-72.67 |
|
Electrical
Machinery except electronic |
0.1240 |
0.0898 |
0.15 |
-23.67 |
|
Printed Books,
Newspapers, Journals, etc. |
0.0000 |
0.0819 |
0.14 |
- |
|
Raw Hides and
Skins |
0.0963 |
0.0701 |
0.12 |
-23.33 |
|
Silk Yarn and
fabrics |
0.0080 |
0.0679 |
0.11 |
797.01 |
|
Other Textile
Yarn, fabrics, Madeup articles |
0.0075 |
0.0539 |
0.09 |
654.76 |
|
Machine Tools |
0.0395 |
0.0536 |
0.09 |
43.08 |
|
Cotton Yarn and
Fabrics |
0.2129 |
0.0255 |
0.04 |
-87.38 |
|
Woolen Yarn
& Fabrics |
0.0000 |
0.0232 |
0.04 |
- |
|
Chemical
Material and products |
0.0498 |
0.0204 |
0.03 |
-56.88 |
|
Woolen and
Cotton Rags, etc. |
0.0440 |
0.0191 |
0.03 |
-54.29 |
|
Synthetic and
Reclaimed Rubber |
0.0614 |
0.0166 |
0.03 |
-71.60 |
|
Fertilizers
Manufactured |
0 |
0.0105 |
0.02 |
- |
|
Dyeing,
Tanning, Colouring Materials |
0.1289 |
0.0098 |
0.02 |
-91.98 |
|
Inorganic
Chemicals |
0.4764 |
0.0096 |
0.02 |
-97.88 |
|
Manmade Textile
articles |
0 |
0.0064 |
0.01 |
- |
|
Man made
filaments/spun yarn (Incl waste) |
0 |
0.0062 |
0.01 |
- |
|
Essential Oil
and Cosmetic Preparations |
0.2340 |
0 |
- |
-100.00 |
|
Fruits &
Nuts excluding Cashew Nuts |
0.0046 |
0 |
- |
-100.00 |
|
Cereal
Preparation |
0.0013 |
0 |
- |
-100.00 |
Source
: DGCI & S
1USD : Rs. 48.61 (April - Dec. 2002 Average of Monthly
RBI Rates)
1USD : Rs. 46.15 (April - Dec. 2003 Average of Monthly
RBI Rates)
Trade fairs & Exhibitions
| Industry |
Event
Name |
Date |
Location |
|
Computers/
Communications and Media |
w.afri.tel Ex
2004 |
23.Jun.2004 |
Lagos - Nigeria |
KEY CONTACTS
H.E. Mr. Kabiru Ahmed,
High Commissioner
High Commission of the Federal Republic of Nigeria
21, Olof Palme Marg, Vasant Vihar, New Delhi - 110 057
Tel : 2614 6221 / 6645 Fax : 2614 6617 / 6641
Shri Atish Sinha
High Commissioner of India
High Commission of India, Lagos, Nigeria
Fax: 234-1-2627681
E-mail: hclag@hyperia.com,
hindlos@hyperia.com
|
Trade
