Nigeria to India Trade Corridor
Nigeria to India: $15.0B bilateral trade, +6.8% YoY, rank #23 corridor, 11.5% average applied tariff, FTA status: No FTA.
Key facts
- Bilateral trade: $15.0B
- Year on year growth: +6.8%
- Corridor rank: #23 on ExportIQ
- Average applied tariff: 11.5%
- Trade agreement status: No FTA
- Typical transit time: 14-21 days
- Key ports: Lagos (Apapa), Mumbai (JNPT), Onne, Chennai
Trade relationship
Nigeria-India trade is dominated by Nigerian crude oil exports and Indian refined products, pharmaceuticals, and vehicles flowing back. India is Nigeria's second-largest trading partner with growing bilateral investment.
Top traded products between Nigeria and India
The largest product groups on this corridor are Crude petroleum, Pharmaceuticals, Vehicles. Together they make up 73.3% of bilateral trade.
| HS Chapter | Product | Value | Share |
|---|---|---|---|
| 27 | Crude petroleum | $9.0B | 60% |
| 30 | Pharmaceuticals | $1.2B | 8% |
| 87 | Vehicles | $800M | 5.3% |
| 84 | Machinery | $600M | 4% |
| 85 | Electrical machinery | $500M | 3.3% |
| 10 | Cereals | $400M | 2.7% |
Tariffs and trade agreements
The average applied tariff is 11.5%. Free trade agreement status: No FTA.
Applicable trade agreements:
- WTO
Required certifications
Exporters on this corridor should expect to provide 4 certifications.
- SONCAP
- SON
- BIS
- ISO 9001
Trade logistics and key ports
Estimated transit time is 14-21 days. The corridor runs through 4 key ports.
- Lagos (Apapa)
- Mumbai (JNPT)
- Onne
- Chennai
Check duty and demand for your product on this corridor
Questions, answered
- What are the top products traded between Nigeria and India?
- Crude petroleum, Pharmaceuticals, Vehicles
- What is the average tariff rate for Nigeria to India trade?
- The average applied tariff rate is 11.5%. FTA status: No FTA.
- How long does shipping take from Nigeria to India?
- Typical transit time is 14-21 days via Lagos (Apapa) and Mumbai (JNPT).
- How large is trade between Nigeria and India?
- Bilateral trade is $15.0B, up 6.8% year on year. It ranks #23 among the corridors ExportIQ tracks.
- Which certifications are required for Nigeria to India exports?
- Required certifications: SONCAP, SON, BIS, ISO 9001.