Nigeria is the largest market in tropical Africa with a population of more than 158million people and an annual population growth rate of 3 percent. Export of hydrocarbons is about 20 percent of country's GDP.

After the recovery of oil prices, the country's GDP began to grow again. It reached 8% in 2012.

Despite improving economic indicators and promising markets in Nigeria, lack of information about doing business did not allow sufficient development of foreign economic relations with this African country. After a while and as a result of problems in our country, import became difficult again.

Africa prefers to by more of the kinds of products that are consumed by the maximum number of people. It is better if these products are not too expensive andhave a long shelf life. Here are the

TOP-5 products with the largest volume of import:-

WHEAT;

As you can see, wheat takes first place. Bread is eaten by everyone: both poor and wealthy people. The highest consumption is in cities where 70% of inhabitants eat bread for breakfast or as a quick snack.

CORN;

Corn (maize) - a strategic food product. About 500 million people include it in their daily diet.In addition, it is one of the main feeds forlivestock and poultry.


RICE;

Rice is quite popular among inhabitants of the countries of West and Central Africa. Nigeria is the second largest importer of rice in the world after China.

EDIBLE OILS;

Another huge import item for most countries on the African continent. The largest volume happens to be palm oil.

TOMATOES;

Tomatoes and processed products are also among the leaders when it comes to popularly demanded products.
Tomato is the most popular vegetable in Nigeria. It is omnipresent- both fresh and canned. It is used by everyone, regardless of geography, social status and religion.


According to the World Bank, Nigeria ranks 154 out of 185 countries on the level of development of international trade. Today, there are some difficulties that are being encountered in the import of wheat into this country. Nigeria suspended import of wheat from Russia in order to preserve foreign exchange reserves.

Nigeria spends an average of $11 billion annually on imports of key commodities to the country.

In the current circumstances, Nigeria plans to work on improving the efficiencyof domestic agricultural production. We hope that in the nearest future the country will take its place of honor in terms of imports among other countries.

culled from: https://www.naij.com/1110633-list-items-imported-nigeria.html?_e_pi_=7%2CPAGE_ID10%2C7409142092

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