Korea Trade Data

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 exportsExport value in US dollars (FOB).
$0M$25M$50M$75M$100MOct ’26May ’26Dec ’25Jul ’25Feb ’25November 2024: $60.0 millionDecember 2024: $66.1 millionJanuary 2025: $41.1 millionFebruary 2025: $46.7 millionMarch 2025: $41.6 millionApril 2025: $44.6 millionMay 2025: $41.6 millionJune 2025: $39.5 millionJuly 2025: $44.3 millionAugust 2025: $47.8 millionSeptember 2025: $61.1 millionOctober 2025: $43.3 millionNovember 2025: $34.3 millionDecember 2025: $45.8 millionJanuary 2026: $36.2 millionFebruary 2026: $36.1 millionMarch 2026: $54.7 millionApril 2026: $42.4 millionMay 2026: $53.3 millionJune 2026: $57.7 millionJuly 2026: $56.5 millionAugust 2026: $58.0 millionSeptember 2026: $81.7 millionOctober 2026: $64.0 million
Monthly importsImport value in US dollars (CIF).
$0M$100M$200M$300MOct ’26May ’26Dec ’25Jul ’25Feb ’25$233MNovember 2024: $96.6 millionDecember 2024: $142.0 millionJanuary 2025: $79.9 millionFebruary 2025: $69.5 millionMarch 2025: $6.5 millionApril 2025: $40.1 millionMay 2025: $47.4 millionJune 2025: $38.4 millionJuly 2025: $48.2 millionAugust 2025: $79.9 millionSeptember 2025: $9.4 millionOctober 2025: $74.8 millionNovember 2025: $3.6 millionDecember 2025: $67.7 millionJanuary 2026: $109.3 millionFebruary 2026: $47.5 millionMarch 2026: $36.8 millionApril 2026: $200.0 millionMay 2026: $110.6 millionJune 2026: $185.1 millionJuly 2026: $190.0 millionAugust 2026: $95.8 millionSeptember 2026: $62.8 millionOctober 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.

CodeProductExports, 12 monthsSharevs 12 months beforeOctober 2026
39Plastics and articles thereof$119.4M 19.2%-17.5%$12.0M
76Aluminium and articles thereof$86.5M 13.9%-12.6%$2.8M
03Fish, crustaceans and other seafood$81.3M 13.1%+66.8%$2.5M
29Organic chemicals$33.9M 5.5%-10.0%$5.9M
88Aircraft and spacecraft$31.9M 5.1%–$0
87Vehicles, parts and accessories$29.6M 4.8%+17.4%$3.8M
24Tobacco and tobacco substitutes$27.8M 4.5%-18.4%$2.7M
84Machinery, boilers and computers$26.5M 4.3%-46.2%$1.8M
27Mineral fuels, oils and their products$25.2M 4.1%+486.6%$20.1M
30Pharmaceutical products$24.5M 3.9%+175.9%$102K
33Essential oils, perfumery and cosmetics$23.5M 3.8%+75.7%$2.4M
63Other made-up textile articles$21.1M 3.4%+0.9%$1.9M
73Articles of iron or steel$12.2M 2.0%+41.5%$364K
55Man-made staple fibres$12.1M 1.9%+265.9%$1.5M
34Soap, washing preparations and waxes$11.7M 1.9%+6.8%$2.1M
85Electrical machinery and electronics$11.4M 1.8%-43.5%$840K
21Miscellaneous edible preparations$6.5M 1.0%+22.2%$480K
38Miscellaneous chemical products$5.2M 0.8%-51.6%$69K
54Man-made filaments$4.2M 0.7%-0.6%$675K
32Dyes, pigments, paints and inks$4.1M 0.7%-4.2%$64K
58Special woven fabrics, lace and embroidery$4.1M 0.7%+23.1%$370K
90Optical, measuring and medical instruments$3.0M 0.5%-30.8%$460K
68Articles of stone, plaster, cement or mica$2.3M 0.4%+120.6%$1,246
79Zinc and articles thereof$1.9M 0.3%+1,264%$450K
83Miscellaneous 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.

CodeProductExports, 12 monthsSharevs 12 months beforeOctober 2026
7606Aluminium plates, sheets and strip$85.5M 13.8%-12.9%$2.7M
0303Fish, frozen (excluding fillets)$81.3M 13.1%+66.9%$2.5M
3901Polymers of ethylene, in primary forms$43.3M 7.0%+19.1%$3.4M
3902Polymers of propylene, in primary forms$39.9M 6.4%-28.9%$5.3M
8802Aeroplanes, helicopters and spacecraft$31.9M 5.1%–$0
2402Cigarettes and cigars$27.8M 4.5%-18.4%$2.7M
2929Compounds with other nitrogen function$26.3M 4.2%+4.3%$4.8M
8703Passenger cars$24.5M 3.9%+66.8%$3.3M
2710Refined petroleum oils$24.5M 3.9%+772.4%$20.1M
3304Beauty, make-up and skin care preparations$23.1M 3.7%+75.4%$2.4M
3002Blood products, vaccines and immunological products$21.2M 3.4%+203.9%$41K
6309Worn clothing and other worn articles$21.1M 3.4%+1.5%$1.9M
3907Polyethers, epoxide resins and polyesters, in primary forms$12.2M 2.0%-59.1%$2.4M
5501Synthetic filament tow$12.0M 1.9%+301.5%$1.5M
3906Acrylic polymers in primary forms$10.8M 1.7%+8.5%$198K
3402Surfactants, detergents and cleaning preparations$10.7M 1.7%+4.9%$2.0M
8419Machinery for treating materials by a change of temperature$5.5M 0.9%-70.5%$31K
2103Sauces, condiments and seasonings$5.3M 0.9%+27.9%$432K
3822Diagnostic and laboratory reagents (including test kits)$4.7M 0.8%-54.1%$42K
8415Air conditioners$4.4M 0.7%-22.5%$244K
3912Cellulose and its chemical derivatives, in primary forms$4.1M 0.7%+22.0%$275K
5810Embroidery in the piece, in strips or in motifs$4.1M 0.7%+23.7%$370K
5407Woven fabrics of synthetic filament yarn$3.9M 0.6%-0.9%$617K
8517Telephones, smartphones and network equipment$3.6M 0.6%+54.1%$308K
3004Medicaments, in measured doses or retail packs$3.1M 0.5%+99.0%$61K
3206Other colouring matter, etc.$3.0M 0.5%-2.5%$0
7321Stoves, ranges, grates, cookers, barbecues, braziers, gas-rings, etc.$2.8M 0.5%+7.5%$274K
3909Amino-resins, phenolic resins and polyurethanes, in primary forms$2.7M 0.4%+24.9%$184K
3904Polymers of vinyl chloride or of other halogenated olefins, in primary forms$2.6M 0.4%-28.6%$0
8409Parts 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

MonthExportsvs year earlierExport weightExport $/kg ImportsImport weight
October 2026$64.0M+47.7%35,094 t $1.82$232.5M258,731 t
September 2026$81.7M+33.8%22,195 t $3.68$62.8M59,921 t
August 2026$58.0M+21.1%26,086 t $2.22$95.8M137,102 t
July 2026$56.5M+27.5%26,443 t $2.14$190.0M221,023 t
June 2026$57.7M+46.1%23,609 t $2.45$185.1M239,356 t
May 2026$53.3M+28.0%22,461 t $2.37$110.6M138,707 t
April 2026$42.4M-5.0%18,292 t $2.32$200.0M262,224 t
March 2026$54.7M+31.5%24,428 t $2.24$36.8M63,057 t
February 2026$36.1M-22.7%20,420 t $1.77$47.5M81,950 t
January 2026$36.2M-11.9%21,516 t $1.68$109.3M191,193 t
December 2025$45.8M-30.7%25,524 t $1.79$67.7M112,000 t
November 2025$34.3M-42.9%20,771 t $1.65$3.6M1,200 t
October 2025$43.3M-17.0%27,410 t $1.58$74.8M125,993 t
September 2025$61.1M+15.9%39,034 t $1.56$9.4M2,627 t
August 2025$47.8M-15.7%27,325 t $1.75$79.9M132,616 t
July 2025$44.3M-24.9%28,850 t $1.54$48.2M61,949 t
June 2025$39.5M+21.2%23,229 t $1.70$38.4M63,700 t
May 2025$41.6M+2.3%22,911 t $1.82$47.4M65,476 t
April 2025$44.6M-18.7%28,461 t $1.57$40.1M57,863 t
March 2025$41.6M-28.8%22,701 t $1.83$6.5M2,232 t
February 2025$46.7M-7.0%27,765 t $1.68$69.5M114,280 t
January 2025$41.1M-37.0%24,397 t $1.68$79.9M146,510 t
December 2024$66.1M+15.4%28,109 t $2.35$142.0M198,029 t
November 2024$60.0M+13.3%34,280 t $1.75$96.6M147,198 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.