# Belgium exports to Nigeria: Trade Route Risk | Yugalinks

Understand reported exports from Belgium to Nigeria, the product routes that need a closer look, and the conditions that may affect planning.

Canonical: https://www.yugalinks.com/trade/corridor/BEL-NGA/risk

## Route overview

In 2024, Belgium reported $4.3B in goods exports to Nigeria. The overall review level is High attention.

## How to read this page

High attention means one or more conditions on these product types deserve a closer look. It is not a prediction that trade will stop or that a loss is certain. An HS6 code is the international six-digit code used to describe and compare traded goods.

## Key numbers

| Measure | Value | What it means |
| --- | ---: | --- |
| Latest reported exports | $4.3B | 2024 route total |
| Exports needing review | 97.6% | Share of route exports |
| Highest-priority products | 2 | Need the closest review |
| Products needing review | 37 | High-attention product types |
| Export volatility | 1.4 | Higher means bigger yearly swings |
| Below highest year | 32.1% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 271012 | Not reported | $10.1B | 29.4% | High attention |
| 2 | 300220 | Vaccines: for human medicine | $188.8M | 87.5% | Critical attention |
| 3 | 271019 | Not reported | $3.1B | 94.6% | Critical attention |
| 4 | 110710 | Malt: not roasted | $101.3M | 46.8% | Watch |
| 5 | 040210 | Dairy produce: milk and cream, concentrated or containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content not exceeding 1.5% (by weight) | $97.2M | 24.3% | Watch |
| 6 | 270799 | Oils and other products of the distillation of high temperature coal tar: n.e.s. in heading no. 2707 | $96.6M | 89.5% | High attention |
| 7 | 870410 | Vehicles: dumpers, designed for off-highway use, for transport of goods | $36.6M | 81.7% | High attention |
| 8 | 220890 | Spirits, liqueurs and other spirituous beverages: n.e.c. in heading no. 2208 | $19.1M | 62.4% | High attention |
| 9 | 381121 | Lubricating oil additives: containing petroleum oils or oils obtained from bituminous minerals | $31.2M | 35.1% | Watch |
| 10 | 381900 | Hydraulic fluids: for brakes and other prepared liquids for hydraulic transmission, not containing or containing less than 70% by weight of petroleum oils or oils obtained from bituminous minerals | $12.3M | 0% | High attention |

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.
