Value of Imports from Ukraine to Nigeria between 2010 and 2020
International trade between countries allow individual nations expand their reach and have access to goods and services that may not be available domestically, because of limited supply and high demand. Hence, they have to import from countries that have it in abundance.
Countries around the world trade with one another to meet the demands for commodities needed domestically, and Nigeria is no exception. Since no nation is completely self-sufficient, they can only strive to reduce their dependence on importation, and possibly boost their exports to other countries.
In 2010, Nigeria’s import from Ukraine was valued at about 101 million USD and increased to 138 million USD in 2011. Trade records between both countries in 2012 show that the value of imports had risen sharply from 138 million USD to about 284 million USD. Import from Ukraine continued increasing and reached its peak in 2014 with a value of over 335 million USD.
2015 and 2016 would record significant declines as importation levels dropped to 163 million USD and about 90 million USD, respectively. Since then, imports from Ukraine have been on the rise again, with both countries further strengthening their trade ties.
In 2020, Nigeria’s key imports from Ukraine were iron and steel (largest imported commodity) valued at 124.61 million USD, sugar and sugar confectionery valued at 8.19 million USD and pharmaceutical products valued at 7.64 million USD.
| Year | Commodities Imported Into Nigeria | Value |
| 2011 | Umbrellas, walking sticks, seat-sticks, whips | $6.16K |
| Man-made filaments | $22.55K | |
| 2012 | Soaps, lubricants, waxes, candles, modelling pastes | $34.83K |
| 2013 | Silk | $28.38K |
| Cocoa and cocoa preparations | $95.83K | |
| 2014 | Impregnated, coated or laminated textile fabric | $29.08K |
| Meat, fish and seafood preparations | $35.36K | |
| Explosives, pyrotechnics, matches, pyrophorics | $4.01M | |
| 2015 | Ships, boats and other floating structures | $441.00K |
| Copper | $9.43M | |
| 2016 | Ceramic products | $1 |
| Raw hides and skins (other than furskins) and leather | $9.98K | |
| Tools, implements, cutlery of base metal | $13.01K | |
| Zinc | $31.93K | |
| 2017 | Aluminium | $1.64K |
| Edible vegetables and certain roots and tubers | $20.20K | |
| Tobacco and manufactured tobacco substitutes | $20.58K | |
| Fish, crustaceans, molluscs, aquatics invertebrates | $51.08K | |
| Salt, sulphur, earth, stone, plaster, time and cement | $624.32K | |
| 2018 | Organic chemicals | $83 |
| Miscellaneous chemical products | $223.65K | |
| 2019 | Products of animal origin | $139 |
| Clocks and watches | $301 | |
| Tanning, dyeing extracts, tannins, derivatives, pigments | $371 | |
| Live animals | $945 | |
| Toys, games, sports requisites | $1.57K | |
| Rubbers | $1.61K | |
| Miscellaneous manufactured articles | $5.47K | |
| Essential oils, perfumes, cosmetics, toiletries | $6.45K | |
| Mineral fuels, oils, distillation products | $14.83K | |
| Edible fruits, nuts, peel of citrus fruit, melons | $54.89K | |
| Inorganic chemicals, precious metal compound, isotope | $180.50K | |
| Paper and paperboard, articles of pulp, paper and board | $218.95k | |
| Milling products, malt, starches, inlin, wheat gluten | $3.52M | |
| Cereals | $64.13M | |
| 2020 | Pearls, precious stones, metals, coins | $8 |
| Works of art, collectors’ pieces and antiques | $22 | |
| Other made textile articles, sets, worn clothing | $90 | |
| Wood and articles of wood, wood charcoal | $101 | |
| Footwear, gaiters and the like | $243 | |
| Printed books, newspapers, pictures | $346 | |
| Articles of apparel, knit or crocheted | $469 | |
| Furniture, lighting signs, prefabricated buildings | $5.32K | |
| Articles of apparel, not knit or crocheted | $6.24K | |
| Railway, tramway locomotives, rolling stock, equipment | $14.80K | |
| Articles of leather, animal gut, harness, travel good | $15.92K | |
| Glass and glassware | $16.94K | |
| Residues, wastes of food industry, animal fodder | $21.76K | |
| Vehicles other than railway, tramway | $41.42K | |
| Stone, plaster, cement, asbestos, mica or similar materials | $48.93K | |
| Beverages, spirits and vinegar | $85.02K | |
| Optical, photo, technical, medical apparatus | $86.48K | |
| Plastics | $109.81K | |
| Aircraft, spacecraft | $110.58K | |
| Fertilizers | $186.45K | |
| Miscellaneous articles of base metal | $215.14K | |
| Electrical, electronic equipment | $267.00K | |
| Machinery, nuclear reactors, boilers | $384.44K | |
| Cereal, flour, starch, milk preparations and products | $409.23K | |
| Wadding, felt, non-wovens, yarns, twine, cordage | $1.15M | |
| Albuminoids, modified starches, glues, enzymes | $1.66M | |
| Dairy products, eggs, honey, edible products | $2.31M | |
| Miscellaneous edible preparations | $3.96M | |
| Articles of iron or steel | $4.55M | |
| Pharmaceutical products | $7.64M | |
| Sugars and sugar confectionery | $8.19M | |
| Iron and steel | $124.61M |
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