{"id":112672,"date":"2024-03-09T20:57:03","date_gmt":"2024-03-09T19:57:03","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/petroleum-oils-largest-exported-product-in-nigeria-nbs"},"modified":"2024-03-09T23:10:37","modified_gmt":"2024-03-09T22:10:37","slug":"petroleum-oils-largest-exported-product-in-nigeria-nbs","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/petroleum-oils-largest-exported-product-in-nigeria-nbs","title":{"rendered":"Petroleum oils largest exported product in Nigeria \u2013 NBS"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>The National Bureau of Statistics says petroleum oils and oils obtained from bituminous minerals crude was the largest exported product in the fourth quarter of 2023.<\/p>\n

The NBS disclosed this in its latest foreign trade Statistics.<\/p>\n

The data showed that \u2018Petroleum oils and oils obtained from Bituminous minerals crude\u2019 represented 81.23 per cent of Nigeria\u2019s exports in Q4 2024.<\/p>\n

According to the report, the value of the largest export in Q4 2023 stood at N10,310.70 billion; this was followed by \u2018natural gas,\u2019 with N1,015.84 billion accounting for 8.00 per cent, and \u2018Urea, whether or not in aqueous solution\u2019 with N251.90 billion or 1.98 per cent of total exports.<\/p>\n

The report stated that total exports increased by 28 per cent to N12,693.62 billion compared to N10,346.60 billion.<\/p>\n

Meanwhile, the total imports increased by 56.04 per cent compared to the value recorded in the third quarter of 2023 (N9,041.24 billion).<\/p>\n

The total foreign trade in Q4 2023 stood at N26,801.95 billion.<\/p>\n

For More News And Analysis About Nigeria<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. The National Bureau of Statistics says petroleum oils and oils obtained from bituminous minerals crude was the largest exported product in the fourth quarter of 2023. The NBS disclosed this in its latest foreign trade Statistics. The data showed that \u2018Petroleum oils and oils obtained from Bituminous minerals crude\u2019 represented 81.23 per […]<\/p>\n","protected":false},"author":84,"featured_media":112671,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1570,2140,676,254,351],"class_list":["post-112672","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-nigeria-2","tag-nbs","tag-nigeria","tag-petroleum"],"yoast_head":"\nPetroleum oils largest exported product in Nigeria \u2013 NBS - Nigeria<\/title>\n<meta name=\"description\" content=\"The National Bureau of Statistics says petroleum oils and oils obtained from bituminous minerals crude was the largest e ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/petroleum-oils-largest-exported-product-in-nigeria-nbs\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Petroleum oils largest exported product in Nigeria \u2013 NBS\" \/>\n<meta property=\"og:description\" content=\"The National Bureau of Statistics says petroleum oils and oils obtained from bituminous minerals crude was the largest e ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/petroleum-oils-largest-exported-product-in-nigeria-nbs\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-09T19:57:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-09T22:10:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/03\/sm_1710005751.498385.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/petroleum-oils-largest-exported-product-in-nigeria-nbs#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/petroleum-oils-largest-exported-product-in-nigeria-nbs\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Petroleum oils largest exported product in Nigeria \u2013 NBS\",\"datePublished\":\"2024-03-09T19:57:03+00:00\",\"dateModified\":\"2024-03-09T22:10:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/petroleum-oils-largest-exported-product-in-nigeria-nbs\"},\"wordCount\":170,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/petroleum-oils-largest-exported-product-in-nigeria-nbs#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/03\/sm_1710005751.498385.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"NBS\",\"Nigeria\",\"petroleum\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/petroleum-oils-largest-exported-product-in-nigeria-nbs#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/petroleum-oils-largest-exported-product-in-nigeria-nbs\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/petroleum-oils-largest-exported-product-in-nigeria-nbs\",\"name\":\"Petroleum oils largest exported product in Nigeria \u2013 NBS - 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