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South Korea exports to Nigeria
나이지리아 · latest month: October 2026
Exports, October 2026
$64.0M
-21.7% vs previous month
vs same month a year earlier
+47.7%
export value
Exports, last 12 months
$620.7M
+7.4% vs 12 months before
Rank among destinations
65
of 239, last 12 months
Imports, last 12 months
$1.34B
balance -$721.2M
In October 2026, South Korea exported $64.0 million of goods to Nigeria, down 21.7% from September 2026 and up 47.7% from October 2025.
Over the 12 months to October 2026, exports of goods to Nigeria totalled $620.7 million, up 7.4% from the 12 months before ($577.9 million).
Nigeria ranked 65th of 239 destinations for Korean goods over the 12 months to October 2026, up from 66th in the 12 months before.
The largest chapter was plastics and articles thereof (HS 39), with $119.4 million or 19.2% of exports to Nigeria.
Imports from Nigeria in October 2026 were $232.5 million (up 211.0% from October 2025), leaving a deficit of $168.6 million for the month.
Last 24 months
Monthly exports Export value in US dollars (FOB).
$0M $25M $50M $75M $100M Oct ’26 May ’26 Dec ’25 Jul ’25 Feb ’25 November 2024: $60.0 million December 2024: $66.1 million January 2025: $41.1 million February 2025: $46.7 million March 2025: $41.6 million April 2025: $44.6 million May 2025: $41.6 million June 2025: $39.5 million July 2025: $44.3 million August 2025: $47.8 million September 2025: $61.1 million October 2025: $43.3 million November 2025: $34.3 million December 2025: $45.8 million January 2026: $36.2 million February 2026: $36.1 million March 2026: $54.7 million April 2026: $42.4 million May 2026: $53.3 million June 2026: $57.7 million July 2026: $56.5 million August 2026: $58.0 million September 2026: $81.7 million October 2026: $64.0 million
Monthly imports Import value in US dollars (CIF).
$0M $100M $200M $300M Oct ’26 May ’26 Dec ’25 Jul ’25 Feb ’25 $233M November 2024: $96.6 million December 2024: $142.0 million January 2025: $79.9 million February 2025: $69.5 million March 2025: $6.5 million April 2025: $40.1 million May 2025: $47.4 million June 2025: $38.4 million July 2025: $48.2 million August 2025: $79.9 million September 2025: $9.4 million October 2025: $74.8 million November 2025: $3.6 million December 2025: $67.7 million January 2026: $109.3 million February 2026: $47.5 million March 2026: $36.8 million April 2026: $200.0 million May 2026: $110.6 million June 2026: $185.1 million July 2026: $190.0 million August 2026: $95.8 million September 2026: $62.8 million October 2026: $232.5 million
What South Korea exports to Nigeria: chapters
Export value by HS chapter over the 12 months to October 2026; the largest 25 of 78.
Code Product Exports, 12 months Share vs 12 months before October 2026
39 Plastics and articles thereof $119.4M
19.2% -17.5% $12.0M
76 Aluminium and articles thereof $86.5M
13.9% -12.6% $2.8M
03 Fish, crustaceans and other seafood $81.3M
13.1% +66.8% $2.5M
29 Organic chemicals $33.9M
5.5% -10.0% $5.9M
88 Aircraft and spacecraft $31.9M
5.1% – $0
87 Vehicles, parts and accessories $29.6M
4.8% +17.4% $3.8M
24 Tobacco and tobacco substitutes $27.8M
4.5% -18.4% $2.7M
84 Machinery, boilers and computers $26.5M
4.3% -46.2% $1.8M
27 Mineral fuels, oils and their products $25.2M
4.1% +486.6% $20.1M
30 Pharmaceutical products $24.5M
3.9% +175.9% $102K
33 Essential oils, perfumery and cosmetics $23.5M
3.8% +75.7% $2.4M
63 Other made-up textile articles $21.1M
3.4% +0.9% $1.9M
73 Articles of iron or steel $12.2M
2.0% +41.5% $364K
55 Man-made staple fibres $12.1M
1.9% +265.9% $1.5M
34 Soap, washing preparations and waxes $11.7M
1.9% +6.8% $2.1M
85 Electrical machinery and electronics $11.4M
1.8% -43.5% $840K
21 Miscellaneous edible preparations $6.5M
1.0% +22.2% $480K
38 Miscellaneous chemical products $5.2M
0.8% -51.6% $69K
54 Man-made filaments $4.2M
0.7% -0.6% $675K
32 Dyes, pigments, paints and inks $4.1M
0.7% -4.2% $64K
58 Special woven fabrics, lace and embroidery $4.1M
0.7% +23.1% $370K
90 Optical, measuring and medical instruments $3.0M
0.5% -30.8% $460K
68 Articles of stone, plaster, cement or mica $2.3M
0.4% +120.6% $1,246
79 Zinc and articles thereof $1.9M
0.3% +1,264% $450K
83 Miscellaneous articles of base metal $1.6M
0.3% -21.8% $12K
Largest 4-digit headings
The 30 largest of 414 headings exported to Nigeria in the same 12 months.
Code Product Exports, 12 months Share vs 12 months before October 2026
7606 Aluminium plates, sheets and strip $85.5M
13.8% -12.9% $2.7M
0303 Fish, frozen (excluding fillets) $81.3M
13.1% +66.9% $2.5M
3901 Polymers of ethylene, in primary forms $43.3M
7.0% +19.1% $3.4M
3902 Polymers of propylene, in primary forms $39.9M
6.4% -28.9% $5.3M
8802 Aeroplanes, helicopters and spacecraft $31.9M
5.1% – $0
2402 Cigarettes and cigars $27.8M
4.5% -18.4% $2.7M
2929 Compounds with other nitrogen function $26.3M
4.2% +4.3% $4.8M
8703 Passenger cars $24.5M
3.9% +66.8% $3.3M
2710 Refined petroleum oils $24.5M
3.9% +772.4% $20.1M
3304 Beauty, make-up and skin care preparations $23.1M
3.7% +75.4% $2.4M
3002 Blood products, vaccines and immunological products $21.2M
3.4% +203.9% $41K
6309 Worn clothing and other worn articles $21.1M
3.4% +1.5% $1.9M
3907 Polyethers, epoxide resins and polyesters, in primary forms $12.2M
2.0% -59.1% $2.4M
5501 Synthetic filament tow $12.0M
1.9% +301.5% $1.5M
3906 Acrylic polymers in primary forms $10.8M
1.7% +8.5% $198K
3402 Surfactants, detergents and cleaning preparations $10.7M
1.7% +4.9% $2.0M
8419 Machinery for treating materials by a change of temperature $5.5M
0.9% -70.5% $31K
2103 Sauces, condiments and seasonings $5.3M
0.9% +27.9% $432K
3822 Diagnostic and laboratory reagents (including test kits) $4.7M
0.8% -54.1% $42K
8415 Air conditioners $4.4M
0.7% -22.5% $244K
3912 Cellulose and its chemical derivatives, in primary forms $4.1M
0.7% +22.0% $275K
5810 Embroidery in the piece, in strips or in motifs $4.1M
0.7% +23.7% $370K
5407 Woven fabrics of synthetic filament yarn $3.9M
0.6% -0.9% $617K
8517 Telephones, smartphones and network equipment $3.6M
0.6% +54.1% $308K
3004 Medicaments, in measured doses or retail packs $3.1M
0.5% +99.0% $61K
3206 Other colouring matter, etc. $3.0M
0.5% -2.5% $0
7321 Stoves, ranges, grates, cookers, barbecues, braziers, gas-rings, etc. $2.8M
0.5% +7.5% $274K
3909 Amino-resins, phenolic resins and polyurethanes, in primary forms $2.7M
0.4% +24.9% $184K
3904 Polymers of vinyl chloride or of other halogenated olefins, in primary forms $2.6M
0.4% -28.6% $0
8409 Parts for internal combustion engines $2.4M
0.4% +21.9% $242K
A chapter is linked when exports to Nigeria reached $1,000,000 over 24 months, a
heading when they reached $5,000,000. "Share" is the share of all exports to Nigeria.
Featured industry: cosmetics exports to Nigeria , by 6-digit product.
Monthly figures
Month Exports vs year earlier Export weight Export $/kg
Imports Import weight
October 2026 $64.0M +47.7% 35,094 t
$1.82 $232.5M 258,731 t
September 2026 $81.7M +33.8% 22,195 t
$3.68 $62.8M 59,921 t
August 2026 $58.0M +21.1% 26,086 t
$2.22 $95.8M 137,102 t
July 2026 $56.5M +27.5% 26,443 t
$2.14 $190.0M 221,023 t
June 2026 $57.7M +46.1% 23,609 t
$2.45 $185.1M 239,356 t
May 2026 $53.3M +28.0% 22,461 t
$2.37 $110.6M 138,707 t
April 2026 $42.4M -5.0% 18,292 t
$2.32 $200.0M 262,224 t
March 2026 $54.7M +31.5% 24,428 t
$2.24 $36.8M 63,057 t
February 2026 $36.1M -22.7% 20,420 t
$1.77 $47.5M 81,950 t
January 2026 $36.2M -11.9% 21,516 t
$1.68 $109.3M 191,193 t
December 2025 $45.8M -30.7% 25,524 t
$1.79 $67.7M 112,000 t
November 2025 $34.3M -42.9% 20,771 t
$1.65 $3.6M 1,200 t
October 2025 $43.3M -17.0% 27,410 t
$1.58 $74.8M 125,993 t
September 2025 $61.1M +15.9% 39,034 t
$1.56 $9.4M 2,627 t
August 2025 $47.8M -15.7% 27,325 t
$1.75 $79.9M 132,616 t
July 2025 $44.3M -24.9% 28,850 t
$1.54 $48.2M 61,949 t
June 2025 $39.5M +21.2% 23,229 t
$1.70 $38.4M 63,700 t
May 2025 $41.6M +2.3% 22,911 t
$1.82 $47.4M 65,476 t
April 2025 $44.6M -18.7% 28,461 t
$1.57 $40.1M 57,863 t
March 2025 $41.6M -28.8% 22,701 t
$1.83 $6.5M 2,232 t
February 2025 $46.7M -7.0% 27,765 t
$1.68 $69.5M 114,280 t
January 2025 $41.1M -37.0% 24,397 t
$1.68 $79.9M 146,510 t
December 2024 $66.1M +15.4% 28,109 t
$2.35 $142.0M 198,029 t
November 2024 $60.0M +13.3% 34,280 t
$1.75 $96.6M 147,198 t
Exports FOB, imports CIF, US dollars. Weight is net weight. "vs year earlier" compares export value with
the same month one year before and is left blank when that month was under $10,000.
Source: Korea Customs Service, via data.go.kr.