-
Next up is Naija aka Nigeria.
– Overall total US exports to Nigeria is up 14% year over year.
– Although used or second-hand merchandise is down 100% over the last four years, it’s up 59% year over year.
– Petroleum & Coal Products are up 64% year over year but down over 1,000% since 2014. Why Nigeria was importing billions in petroleum when they have the resources was mind-boggling.
– Unlike Ghana, Nigerians don’t care too much for US Electrical Equipments (down 38% year over year).
– Like Ghana, Nigerians love American fish. Nigerian Fish imports from the US increased 1,262% year over year and up over 100% since 2014.
– Beverages and Tobacco Products imports from the US are up 74% year over year, but down 200% since 2014.
– US textiles exports to Nigeria is up 136%
– US exports of Mineral & Ores are up 1,000% year over year.
– US Exports of other animals skyrocketed in 2016 and 2017. According to SIC Code, other animals comprises establishments primarily engaged in raising animals and insects (except cattle, hogs and pigs, poultry, sheep and goats, aquaculture) for sale or product production. These establishments are primarily engaged in raising one of the following: bees, horses and other equines, rabbits and other fur-bearing animals, and so forth, and producing products, such as honey and other bee products. Establishments primarily engaged in raising a combination of animals with no one animal or family of animals accounting for one-half of the establishment’s agricultural production (i.e., value of animals for market) are included in this industry group.
– Nigerian Oil & Gas imports from the US are down significantly.
– Nigerian Forest products imports from the US are up 729%