India largest export market for Nigeria in 2021 first quarter

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India led China and patronised Nigerian goods to nearly half a trillion naira.

Nigeria’s export trade with Spain in the first quarter, it said, was dominated by petroleum oils and oils obtained from bituminous minerals, crude valued at N213.1 billion.

“Motor Spirit ranked first in imports, valued at N20.82billion, and was followed by mixed alkylbenzenes & mixed alkylanaphthalenes, valued at N13.75 billion, petroleum bitumen at N6.38 billion and gypsum; anhydrite worth N5.81billion,” it said. It explained that imports from that country during the quarter were machines for the reception, conversion & transmission valued at N75.12 billion, T-shirts, singlets and other vests of cotton worth N62.60 billion, herbicides worth N60.35 billion and others.Other major export commodities included Good Fermented Nigerian Cocoa Beans valued at N9.15 billion, Superior quality Cocoa beans valued at N1.95 billion and other frozen shrimps worth N1.06 billion.

 

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