CARGO TRANSPORTATION LANE VIETNAM AND NIGERIA

In this article, HP Global overview some key points related to transportation of cargo import from Nigeria to Vietnam and export from Vietnam to Nigeria.

Trade Turnover Vietnam – Nigeria Annually

Import – Export Turnover Vietnam – Nigeria

Period 2014 – 2023

Unit: Million USD

	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
Export (from Vietnam)	182.87	113.13	71.35	63.81	115.45	127.09	135.01	158.04	148.05	155.13
Import	–	–	–	–	389.64	388.20	365.96	439.67	310.68	411.97
Total trade	182.87	113.13	71.35	63.81	505.09	515.29	500.96	597.72	458.74	567.10
Trade Balance	182.87	113.13	71.35	63.81	(274.18)	(261.10)	(230.95)	(281.63)	(162.63)	(256.85)

Source: Re-arrange from Statistics of Vietnam Customs Department

Export Turnover from Vietnam to Nigeria per Commodities

Which commodities that Vietnam export to Nigeria?

Export value from Vietnam to Nigeria:

Main exports	Units	6 months 2023		6 months 2024		Compare turnover (%)
		Volume	Value (USD)	Volume	Value (USD)
Nigeria			78.500.150		90.340.790	115%
Plastics	Ton	4.934	6.937.731	18.419	20.919.690	302%
Handbags, purses, suit-cases, headgear and umbrellas	USD		3.245.114		726.711	22%
Textiles and garments	USD		9.644.558		11.999.898	124%
Computers, electrical products, spare-parts and components thereof	USD		2.235.163		1.616.759	72%
Telephones, mobile phones and parts thereof	USD		4.562.715		3.847.619	84%
Other means of transportation, parts and accessories thereof	USD		16.592.813		16.906.838	102%
Other products	USD		35.282.057		34.323.274	97%

Source: Statistics from Vietnam Customs Department

Import Turnover from Nigeria to Vietnam per Commodities

Which commodities that Vietnam import from Nigeria?

Import value from Nigeria to Vietnam:

Main imports	Units	6 months 2023		6 months 2024		Compare turnover (%)
		Volume	Value (USD)	Volume	Value (USD)
Nigeria			144.402.128		317.314.785	220%
Cashew nut	Ton	97.045	109.315.210	116.018	125.959.954	115%
Crude oil	Ton			126.515	89.183.045
Liquefied petroleum gases (LPG)	Ton			41.018	25.636.024
Other products	USD		35.086.918		76.535.763	218%

Source: Statistics from Vietnam Customs Department

Shipping Time Vietnam Nigeria

Name of ports/airport and shipping times between Vietnam – Nigeria

-> See the Article: Cargo Shipping Vietnam – Nigeria

Trade relations between Vietnam and Nigeria

HP Global Logistics offers tax consultation services, import procedures, and customs services for the import and export of goods in Vietnam Nigeria. For inquiries, please contact our hotline at +84 886 115 726 or +84 984 870 199.

Vietnam and Nigeria have the mutual most-favored nation (MFN) agreement, however, until now, there is no Free Trade Agreement between the two Countries. Cargo imported from Nigeria to Vietnam can enjoy preferential import duty.

→ To check the updated trade relations (MFN, FTAs) between Vietnam and Nigeria at the article: Overview Of Trade Relations Between Vietnam And The World

Check import/export duty to/from Vietnam?

To check the update import duty / export duty for cargo import to / export from Vietnam to Nigeria, you can contact HP Global via email info@hpgloballtd.com or hotline ++84 886115726 / ++84 984870199 or search on website hptoancau.com as instructed in the image below

Select HP Global as the freight forwarder for your shipments Vietnam – Nigeria

With years of experience in shipping goods between Vietnam and Nigeria, handling thousands of shipments annually, we confidently deliver professional and optimal management to you. We are committed to advising and providing you with transportation solutions that match the best market prices.

HP Global is a freight forwarder with a top reputation in Vietnam.

→ Contact us for freight and inbound and outbound services for shipments to/from Vietnam – Email: info@hpgloballtd.com

You may find it valueable:

• Overview Of Trade Relations Between Vietnam And The World
• Overview of Vietnam Seaports
• Import Cosmetics to Vietnam: Procedure and Duty

For consultation and quotation for shipping and procedure for cargo import to and export from Vietnam, contact us as below details

Logistics HP Global Vietnam

Freight forwarder, Customs Broker and Vietnam Import/export license

Building No. 13, Lane 03, N003, Van Khe, La Khe, Ha Dong, Hanoi

Website: hpgloballtd.com / hptoancau.com

Email: info@hpgloballtd.com

Phone: ++84 24 73008608 / Hotline: ++84 984870199/ ++84 8 8611 5726

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