The Top Ten Import Products Of Nigeria (Q1 2018)

By June 21, 2018Economy
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The top ten products imported into Nigeria for the first quarter of 2018 were motor spirit ordinary, gas oil, durum wheat (not in seeds), cane sugar(for sugar refinery), imported motorcycles and cycles, imported CKD by established manufacturers, durum wheat(seed), other herbicides (anti-sprouting products), used vehicles (with diesel or semi-diesel engine) and lubricating oils.

Nigeria’s imports totalled 1.1 billion naira, a 36% increase from the previous quarter of 2017 which totalled 704 million naira.

This might be as a result of the massive increase in the trade volume of Motor Spirit Ordinary imported into Nigeria. Motor Spirit Ordinary accounted for 28% of the total product imports to Nigeria, a 57% increase in the previous quarters’ share.

Here is a detailed breakdown:

Rank Products Value  (₦)
1 Motor Spirit ordinary 718,124,114,102
2 Gas Oil 74,584,063,256
3 Durum wheat (Not in seeds) 49,997,028,579
4 Cane sugar , Meant for sugar refinery 46,681,237,209
5 Imported motorcycles and cycles, imported CKD by established manufacturers >50cc<=250cc 38,564,822,691
6 Durum wheat, Seed 35,463,379,012
7 Other Herbicides, antisprouting products and plantgr 31,192,034,189
8 Used Vehicles, with diesel or semidiesel engine, of cylinder capacity >2500cc 29,540,197,752
9 Lubricating oils to be mixed 29,153,079,655
10 Parts; Electrical apparatus for line telephony or line telegraphy 26,773,603,273

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