Nigeria spent US$60.6 billion worth of products from around the world in 2023, inflating by 27.8% from $47.4 billion five years earlier in 2019. From 2022 to 2023, the total cost of Nigerian imports flatlined via a modest 0.1% upturn compared to $60.5 billion the year prior. Nigeria’s 4 most valuable imported products were refined petroleum oils, armored vehicles including … [Read more...] about Nigeria’s Top 10 Imports
Africa
Nigeria’s Top 10 Exports
A Western African nation surrounded by Benin, Chad, Cameroon and Niger, the Federal Republic of Nigeria shipped US$60.7 billion worth of exported products around the world in 2023. That dollar amount reflects a 13.1% advance from $53.6 billion five years earlier during 2019. Year over year, the total value of Nigerian exports slipped by -4.2% compared to $63.3 billion for … [Read more...] about Nigeria’s Top 10 Exports
Madagascar’s Top 10 Imports
An island nation in the Indian Ocean near the East African coast, Madagascar’s imports cost a total US$4.8 billion in 2023. That dollar amount reflects a 23.4% increase from $3.9 billion five years earlier in 2019. From 2022 to 2023, the overall cost of Madagascar’s imported products fell by -12.2% starting from $5.5 billion. Based on the average exchange rate for 2023, the … [Read more...] about Madagascar’s Top 10 Imports
Madagascar’s Top 10 Exports
An island country in the Indian Ocean located off East Africa's coast, Madagascar shipped US$3.23 billion worth of exported products around the globe in 2023. That dollar amount results from a 25.9% increase from $2.56 billion five years earlier during 2019. Year over year, the overall value of goods exported from Madagascar fell by -8% compared to $3.51 billion in … [Read more...] about Madagascar’s Top 10 Exports
South Africa’s Top 10 Imports
The Republic of South Africa imported US$107.2 billion worth of products from around the globe in 2023. That dollar amount reflects an 21.5% increase over the 5-year period starting from $88.2 billion in 2019. Year over year, overall South African spending on imported products decreased by -4.2% compared to $111.9 billion in 2022. Based on the average exchange rate for 2023, … [Read more...] about South Africa’s Top 10 Imports