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 2015 – 2024

Unit: Million USD

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Export (from Vietnam)	113,13	71,35	63,81	115,45	127,09	135,01	158,04	148,05	155,13	180,96
Import	–	–	–	389,64	388,20	365,96	439,67	310,68	411,97	853,20
Total trade	113,13	71,35	63,81	505,09	515,29	500,96	597,72	458,74	567,10	1.034,16
Trade Balance	113,13	71,35	63,81	(274,18)	(261,10)	(230,95)	(281,63)	(162,63)	(256,85)	(672,23)

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	2023		2024		Compare turnover (%)
		Volume	Value (USD)	Volume	Value (USD)
Nigeria			155.128.449		180.964.245	116,65%
Plastics	Ton	20.16	24.349.794	33.653	38.798.234	159,34%
Handbags, purses, suit-cases, headgear and umbrellas	USD		5.215.403		1.435.640	27,53%
Textiles and garments	USD		16.411.690		31.981.755	194,87%
Computers, electrical products, spare-parts and components thereof	USD		3.695.851		4.129.489	111,73%
Telephones, mobile phones and parts thereof	USD		9.067.181		5.569.060	61,42%
Other means of transportation, parts and accessories thereof	USD		16.818.492		17.148.962	101,96%
Other products	USD		79.570.038		81.901.106	102,93%

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	2023		2024		Compare turnover (%)
		Volume	Value (USD)	Volume	Value (USD)
Nigeria			411.973.689		853.195.323	207,10%
Cashew nut	Ton	266.781	277.595.779	247.794	292.710.628	105,44%
Crude oil	Ton			699.599	433.411.019
Liquefied petroleum gases (LPG)	Ton	2.163	1.363.530	41.018	25.636.024	1880,12%
Other products	USD		133.014.380		101.437.652	76,26%

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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