Liquefied natural gas exports from Nigeria: data, top buyers and prices
Nigeria exported $6.63 billion of liquefied natural gas in 2024 (11.69 million tonnes). That makes it the 8th largest exporter of this product worldwide, out of 82 countries. Value fell 5% from 2023. Across 2017-2024 the long-run trend was broadly stable. The peak in this period was 2022, at $8.42 billion.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $6.63B | 11.69M t |
| 2023 | $6.95B | 11.10M t |
| 2022 | $8.42B | 11.03M t |
| 2021 | $6.54B | 13.71M t |
| 2020 | $4.69B | 16.88M t |
| 2019 | $6.15B | 17.11M t |
| 2018 | $6.55B | 15.74M t |
| 2017 | $4.53B | 13.11M t |
Where Nigeria exports liquefied natural gas to
The largest buyer markets were India (12%), China (11%), Spain (11%). Trade is spread widely: the top three buyer markets together make up only 34%. Among the main buyer markets, Japan grew fastest (+140% on the year before).
| Destination | Value | Share |
|---|---|---|
| India | $784.1M | 12% |
| China | $751.6M | 11% |
| Spain | $719.5M | 11% |
| Portugal | $633.2M | 9.6% |
| South Korea | $577.0M | 8.7% |
| United States | $391.4M | 5.9% |
| Japan | $349.2M | 5.3% |
| Thailand | $327.4M | 4.9% |
| France | $321.2M | 4.8% |
| Pakistan | $317.6M | 4.8% |
Average export price per kg
The average declared value was about $0.57 per kg, close to the world average of $0.57.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Liquefied natural gas imports to Nigeria
Nigeria imported $1.1 million of liquefied natural gas in 2024 (1.6 thousand tonnes). One supplier dominates: Malaysia accounted for 99% of the value.
| Supplier country | Value | Share |
|---|---|---|
| Malaysia | $1.0M | 99% |
| Niger | $14K | 1.4% |
Who is behind these numbers in Nigeria?
The shipment records behind Nigeria liquefied natural gas exports (HS 2711.11): companies, dates, quantities and declared values.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Direct customs feed: shipment-level records from the official customs source.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2711.11: Petroleum gases and other gaseous hydrocarbons: liquefied, natural gas.
Common questions
What is the value of liquefied natural gas exported by Nigeria?
Nigeria exported liquefied natural gas worth $6.63 billion in 2024, the latest year with complete public data, about 11.69 million tonnes. That ranks it 8th of 82 countries worldwide, with 3% of world exports. The value was down 5% on 2023.
Which countries buy liquefied natural gas from Nigeria?
India was the largest buyer with 12% of the value ($784.1 million), followed by China (11%) and Spain (11%). The top three together account for 34%, out of 28 buyer countries in total. Japan grew fastest among the top ten, up 140% on the year.
What is the average export price of liquefied natural gas per kg?
The average declared export value was about $0.57 per kg in 2024, close to the world average of $0.57 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have exports of liquefied natural gas from Nigeria changed since 2017?
Exports went from $4.53 billion in 2017 to $6.63 billion in 2024, an increase of 46%. The peak was 2022 at $8.42 billion. Over 8 years the average was $6.31 billion a year.
Does Nigeria also import liquefied natural gas?
Yes. Nigeria imported $1.1 million worth of this product in 2024, mainly from Malaysia and Niger. On balance Nigeria is a net exporter of this product, by about $6.63 billion a year.
What is the HS code for liquefied natural gas?
The HS code for liquefied natural gas is subheading 2711.11. It sits in HS chapter 27 (mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes). The full list of codes and descriptions is on the HS 2711 page.
How can I find the companies behind this trade?
Shipment-level records for Nigeria reach EximDataX from a direct customs feed, with company names, dates and declared values. We can show them for your product on a short call.
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