|1||Motor vehicles for transporting people||$329.88 M|
|3||Gasoline, other fuels||$103 M|
|4||Motor vehicle parts||$77.94 M|
|5||Polymers of vinyl chloride||$49.35 M|
|6||Civilian aircraft, parts||$48.3 M|
|8||Parts for heavy machinery||$30.82 M|
|9||Compressors and pumps||$30.55 M|
|2||Gasoline, other fuels||$69.41 M|
|3||Value added to a returned import||$56.37 M|
|4||Nitrogenous fertilizers||$11.39 M|
|5||Wigs, other products, from human hair||$6.13 M|
|6||Cocoa Beans||$6.12 M|
|7||Plants for pharmacy, perfume, insecticides||$5.34 M|
|8||Bran, etc.||$3.48 M|
|9||Tungsten ores, concentrates||$3.29 M|
|10||Precious stones||$3.12 M|
Top Trading Ports
Total Trade: $3.58 billion
|1||Port of Houston||$581,698,099|
|2||Port of Newark||$518,007,426|
|3||Port of Wilmington, Dela.||$379,126,863|
|4||Port of Chester, Penn.||$264,752,239|
|5||Port of Long Beach||$234,487,915|
|6||Port of Pascagoula, Miss.||$135,812,094|
|7||Port of Morgan City, La.||$124,110,328|
|8||Port of New Orleans||$122,755,652|
|9||Port of Baltimore, Md.||$115,739,030|
|10||Port of San Francisco, Calif.||$100,148,200|
U.S. trade with Nigeria rose to $3.58 billion through June
Nigeria’s trade with the United States rose to $3.58 billion through the first six months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 24.37 percent below its total trade during the same time period last year. Nigeria’s exports increased 25.89 percent while imports fell 42.32 percent. The U.S. deficit with Nigeria was $443.21 million.
Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Houston; No. 2 Port of Newark; No. 3 Port of Wilmington, Dela.; No. 4 Port of Chester, Penn.; and No. 5 Port of Long Beach. During the same period the previous year, the top five were No. 1 Port of Wilmington, Dela. No. 2 Port of Houston No. 3 Port of Chester, Penn. No. 4 Port of Newark and No. 5 Port of Pascagoula, Miss.. In the current time period, the top five accounted for 55.27 percent of Nigeria’s U.S. trade.
Among those top five:
- Trade with No. 1 Port of Houston fell 30.06 percent to $581.7 million.
Exports rose 93.46 percent to $579.01 million. Imports fell 99.5 percent to $2.69 million.
- Trade with No. 2 Port of Newark rose 1.04 percent to $518.01 million.
Exports rose 13.2 percent to $24.11 million. Imports rose 0.51 percent to $493.9 million.
- Trade with No. 3 Port of Wilmington, Dela. fell 62.81 percent to $379.13 million.
Exports rose 558.5 percent to $31.4 million. Imports fell 65.73 percent to $347.72 million.
- Trade with No. 4 Port of Chester, Penn. fell 67.1 percent to $264.75 million.
There were no exports. Imports fell 67.1 percent to $264.75 million.
- Trade with No. 5 Port of Long Beach rose 5096.16 percent to $234.49 million.
Exports rose 81.52 percent to $8.16 million. Imports rose 1197418 percent to $226.33 million.
Nigeria ranked No. 53 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 49.
Meanwhile, total U.S. trade with the world increased to $2.06 trillion, down 0.14 percent compared to the same period last year. The nation’s exports dropped 0.75 percent to $823.61 billion; imports climbed 0.28 percent to $1.24 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $412.15 billion, up compared to the same period of last year when the deficit was $402.47 billion.
The top five U.S. exports to Nigeria by value through June were the categories of Motor vehicles for transporting people; Wheat; Gasoline, other fuels; Motor vehicle parts; and Polymers of vinyl chloride, respectively. They accounted for 56.55 percent of total exports to Nigeria.
The value of the top five categories of U.S. imports from Nigeria –– Oil; Gasoline, other fuels; Value added to a returned import; Nitrogenous fertilizers; and Wigs, other products, from human hair –– accounted for 97.71 percent of all inbound shipments.
Looking more closely at U.S. exports to Nigeria:
- Motor vehicles for transporting people rose 11.44 percent compared to last year to $329.88 million.
- Wheat rose 213 percent compared to last year to $326.55 million.
- Gasoline, other fuels fell 31.06 percent compared to last year to $103 million.
- Motor vehicle parts rose 29.71 percent compared to last year to $77.94 million.
- Polymers of vinyl chloride rose 11.73 percent compared to last year to $49.35 million.
Looking more closely at U.S. imports from Nigeria:
- Oil fell 42.19 percent compared to last year to $1.82 billion.
- Gasoline, other fuels fell 69.76 percent compared to last year to $69.41 million.
- Value added to a returned import rose 108.54 percent compared to last year to $56.37 million.
- Nitrogenous fertilizers fell 31.87 percent compared to last year to $11.39 million.
- Wigs, other products, from human hair fell 1.78 percent compared to last year to $6.13 million.
In the latest annual figures available, Nigeria recorded $9.21 billion in trade with the United States. At year’s end, its were Philadelphia; Houston; New York City; New Orleans; and Baltimore. Total U.S. exports to Nigeria were $ 2.16 billion and imports from Nigeria were $7.05 billion. The U.S. deficit with Nigeria was $4.9 billion.