Rubber in   Nigeria

Exports In 2020, Nigeria exported $48.6M in Rubber, making it the 18th largest exporter of Rubber in the world. At the same year, Rubber was the 26th most exported product in Nigeria. The main destination of Rubber exports from Nigeria are: Spain ($9.35M), France ($7.54M), Italy ($5.41M), Germany ($5.07M), and China ($3.86M).

Imports In 2020, Nigeria imported $6.61M in Rubber, becoming the 58th largest importer of Rubber in the world. At the same year, Rubber was the 520th most imported product in Nigeria. Nigeria imports Rubber primarily from: Egypt ($3.27M), Pakistan ($786k), Spain ($721k), United States ($510k), and Italy ($451k).

The fastest growing import markets in Rubber for Nigeria between 2019 and 2020 were Egypt ($1.84M), Pakistan ($786k), and Spain ($540k).

Tariffs In 2016, the average tariff for Nigeria in Rubber was 4.73%. The countries with the highest import tariffs for Rubber were Angola (Most Favoured Nation duty rate treatement, 5%), Burundi (Most Favoured Nation duty rate treatement, 5%), Botswana (Most Favoured Nation duty rate treatement, 5%), Central African Republic (Most Favoured Nation duty rate treatement, 5%), and Cameroon (Most Favoured Nation duty rate treatement, 5%).