As of the fourth quarter of 2021, India and Spain were the main importers of crude oil from Nigeria. Exports of the fossil fuel to these two countries were in an approximate amount of 774.5 billion Nigerian naira (NGN) (roughly 1.9 billion U.S. dollars) and 624 billion NGN (some 1.5 billion U.S. dollars), respectively. France, the Netherlands, and Indonesia were other main destinations for Nigerian crude oil exports.
Value of crude oil exported from Nigeria as of 4th quarter 2021, by country of destination
(in billion Nigerian naira)
Characteristic
Export value in Nigerian naira
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NBS (Nigeria). (March 1, 2022). Value of crude oil exported from Nigeria as of 4th quarter 2021, by country of destination (in billion Nigerian naira) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1297619/crude-oil-exports-from-nigeria-by-destination-country/
NBS (Nigeria). "Value of crude oil exported from Nigeria as of 4th quarter 2021, by country of destination (in billion Nigerian naira)." Chart. March 1, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1297619/crude-oil-exports-from-nigeria-by-destination-country/
NBS (Nigeria). (2022). Value of crude oil exported from Nigeria as of 4th quarter 2021, by country of destination (in billion Nigerian naira). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1297619/crude-oil-exports-from-nigeria-by-destination-country/
NBS (Nigeria). "Value of Crude Oil Exported from Nigeria as of 4th Quarter 2021, by Country of Destination (in Billion Nigerian Naira)." Statista, Statista Inc., 1 Mar 2022, https://www.statista.com/statistics/1297619/crude-oil-exports-from-nigeria-by-destination-country/
NBS (Nigeria), Value of crude oil exported from Nigeria as of 4th quarter 2021, by country of destination (in billion Nigerian naira) Statista, https://www.statista.com/statistics/1297619/crude-oil-exports-from-nigeria-by-destination-country/ (last visited July 22, 2024)
Value of crude oil exported from Nigeria as of 4th quarter 2021, by country of destination (in billion Nigerian naira) [Graph], NBS (Nigeria), March 1, 2022. [Online]. Available: https://www.statista.com/statistics/1297619/crude-oil-exports-from-nigeria-by-destination-country/