A Western African nation surrounded by Benin, Chad, Cameroon and Niger, the Federal Republic of Nigeria shipped US$33.5 billion worth of goods around the globe in 2020. That dollar amount reflects a -3.6% decrease since 2016 and a -37.5% drop from 2019 to 2020. Nigeria’s biggest export is crude oil, a commodity that represents three-quarters (75.4%) of its total exported goods … [Read more...] about Nigeria’s Top 10 Exports
Africa
Senegal’s Top 10 Exports
The West African country Senegal shipped US$3.9 billion worth of goods around the globe in 2020. That dollar amount reflects a 48.8% increase since 2016 but a -6% decline from 2019 to 2020. By far, Senegal’s biggest export is gold. That commodity represents almost one-fifth of the nation’s total shipments by value. Based on the average exchange rate for 2020, the West African … [Read more...] about Senegal’s Top 10 Exports
Nigeria’s Top 10 Imports
Nigeria imported US$53 billion worth of goods from around the globe in 2020, up by 47.3% since 2016 and up by 11.8% from 2019 to 2020. Based on the average exchange rate for 2020, the Nigerian naira depreciated by -41.5% against the US dollar since 2016 and declined by -16.9% from 2019 to 2020. Nigeria's weaker local currency makes its imports paid for in stronger US dollars … [Read more...] about Nigeria’s Top 10 Imports
Morocco’s Top 10 Exports
A country located on Africa’s northwestern coast, the Kingdom of Morocco shipped US$27.8 billion worth of goods around the globe in 2020. That dollar amount reflects a 21.7% increase since 2016 but a -6% drop from 2019 to 2020. Morocco’s biggest export is fertilizer mixes just ahead of insulated wire or cable in second place then cars. Based on the average exchange rate for … [Read more...] about Morocco’s Top 10 Exports
Mozambique’s Top 10 Exports
Located along Africa’s southeastern coast, the Republic of Mozambique shipped US$3.5 billion worth of goods around the globe in 2020. That dollar amount reflects a 3.1% increase since 2016 but a -26.7% decline from 2019 to 2020. Based on the average exchange rate for 2020, the Mozambican metical depreciated by -10.6% against the US dollar since 2016 and declined by -11.1% from … [Read more...] about Mozambique’s Top 10 Exports
