{ "pageType": "exporter-price-positioning", "source": "reported", "publisher": { "name": "Yugalinks", "url": "https://www.yugalinks.com" }, "canonical": "https://www.yugalinks.com/trade/price-exporter/nga/270900", "page": { "title": "Nigeria HS6 270900 Export Price Comparison | Yugalinks", "description": "Compare reported Nigeria export prices for HS6 270900. See the median unit value, destination comparisons, trade value, and annual price trends.", "route": "/trade/price-exporter/nga/270900" }, "exporter": { "iso3": "NGA", "name": "Nigeria" }, "product": { "hs_code": "270900", "description": "Oils: petroleum oils and oils obtained from bituminous minerals, crude" }, "summary": { "num_markets": 55, "highest_price_importer_iso3": "IRL", "highest_price_usd_per_ton": 117000, "lowest_price_importer_iso3": "MYS", "lowest_price_usd_per_ton": 189.1159090161508, "median_price_across_markets": 524.6145474979784, "price_spread_pct": 22266.03982830537, "avg_quantity_metric_tons": 2081239.125569149, "total_trade_value_usd": 203511314453 }, "marketRows": [ { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "USA", "hs_code": "270900", "unit_value_usd_per_ton": 552.6047688567187, "quantity_metric_tons": 8437823.607, "trade_value_usd": 4662781564, "market_median_price_usd_per_ton": 548.9422803558125, "price_vs_median_pct": 0.6671900911936036, "price_position": "Mid" }, { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "FRA", "hs_code": "270900", "unit_value_usd_per_ton": 673.2718723233735, "quantity_metric_tons": 6509962.228, "trade_value_usd": 4382974458, "market_median_price_usd_per_ton": 670.5782272858344, "price_vs_median_pct": 0.40168990401636545, "price_position": "Mid" }, { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "NLD", "hs_code": "270900", "unit_value_usd_per_ton": 646.6730129892522, "quantity_metric_tons": 6528629.156, "trade_value_usd": 4221888286.9999995, "market_median_price_usd_per_ton": 688.7525386902029, "price_vs_median_pct": -6.109527491684175, "price_position": "Mid" }, { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "ESP", "hs_code": "270900", "unit_value_usd_per_ton": 607.0215080615557, "quantity_metric_tons": 6265356.162, "trade_value_usd": 3803205946, "market_median_price_usd_per_ton": 598.6675941531007, "price_vs_median_pct": 1.3954177560375118, "price_position": "Mid" }, { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "IDN", "hs_code": "270900", "unit_value_usd_per_ton": 558.4304948914719, "quantity_metric_tons": 6170069.245, "trade_value_usd": 3445554822, "market_median_price_usd_per_ton": 622.1084838475791, "price_vs_median_pct": -10.235833557882934, "price_position": "Mid" }, { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "IND", "hs_code": "270900", "unit_value_usd_per_ton": 688.4799734729531, "quantity_metric_tons": 4213269.595, "trade_value_usd": 2900751739, "market_median_price_usd_per_ton": 627.5716586151369, "price_vs_median_pct": 9.705396032737147, "price_position": "Mid" }, { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "CIV", "hs_code": "270900", "unit_value_usd_per_ton": 675.1792912548467, "quantity_metric_tons": 3553695.497, "trade_value_usd": 2399381607, "market_median_price_usd_per_ton": 675.1792912548467, "price_vs_median_pct": 0, "price_position": "Mid" }, { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "ZAF", "hs_code": "270900", "unit_value_usd_per_ton": 678.6996217558265, "quantity_metric_tons": 3382061.35, "trade_value_usd": 2295403759, "market_median_price_usd_per_ton": 738.9826893734122, "price_vs_median_pct": -8.157575066974859, "price_position": "Mid" }, { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "CAN", "hs_code": "270900", "unit_value_usd_per_ton": 598.3465134969485, "quantity_metric_tons": 3508044.843, "trade_value_usd": 2099026401, "market_median_price_usd_per_ton": 621.7354675652906, "price_vs_median_pct": -3.7618819077401118, "price_position": "Mid" }, { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "DEU", "hs_code": "270900", "unit_value_usd_per_ton": 682.0712772695243, "quantity_metric_tons": 2802791.652, "trade_value_usd": 1911703682, "market_median_price_usd_per_ton": 631.7258390150262, "price_vs_median_pct": 7.969507521331679, "price_position": "Mid" }, { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "GBR", "hs_code": "270900", "unit_value_usd_per_ton": 617.7387793445616, "quantity_metric_tons": 2795840.753, "trade_value_usd": 1727099254, "market_median_price_usd_per_ton": 629.1055666715318, "price_vs_median_pct": -1.8068171590198359, "price_position": "Mid" }, { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "ITA", "hs_code": "270900", "unit_value_usd_per_ton": 586.7977703699634, "quantity_metric_tons": 2847286.364, "trade_value_usd": 1670781290, "market_median_price_usd_per_ton": 628.8347771949652, "price_vs_median_pct": -6.684904898631047, "price_position": "Mid" }, { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "TUR", "hs_code": "270900", "unit_value_usd_per_ton": 828.2514640678614, "quantity_metric_tons": 1202603.579, "trade_value_usd": 996058175, "market_median_price_usd_per_ton": 551.8376640721905, "price_vs_median_pct": 50.089694486585636, "price_position": "Premium" }, { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "SEN", "hs_code": "270900", "unit_value_usd_per_ton": 707.1955129156657, "quantity_metric_tons": 1307611.884, "trade_value_usd": 924737257, "market_median_price_usd_per_ton": 1820.5340641131859, "price_vs_median_pct": -61.15450257943111, "price_position": "Budget" }, { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "SWE", "hs_code": "270900", "unit_value_usd_per_ton": 624.4704905697206, "quantity_metric_tons": 1359713.272, "trade_value_usd": 849100814, "market_median_price_usd_per_ton": 652.7777777777778, "price_vs_median_pct": -4.336435487191746, "price_position": "Mid" }, { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "MYS", "hs_code": "270900", "unit_value_usd_per_ton": 1056.7563183746502, "quantity_metric_tons": 47866.424, "trade_value_usd": 50583146, "market_median_price_usd_per_ton": 633.5754497668833, "price_vs_median_pct": 66.79249784117604, "price_position": "Premium" }, { "year": 2022, "exporter_iso3": "NGA", "importer_iso3": "IRL", "hs_code": "270900", "unit_value_usd_per_ton": 117000, "quantity_metric_tons": 0.001, "trade_value_usd": 117, "market_median_price_usd_per_ton": 965.7658283963812, "price_vs_median_pct": 12014.73802032054, "price_position": "Premium" } ], "marketAggregates": [ { "importer_iso3": "USA", "latest_year": 2023, "latest_unit_value_usd_per_ton": 552.6047688567187, "market_median_price_usd_per_ton": 548.9422803558125, "price_vs_median_pct": 0.6671900911936036, "price_position": "Mid", "prior_year": 2022, "yoy_change_pct": -21.963062113097376, "first_year": 2017, "period_change_pct": 37.674868638882074, "period_trade_value_usd": 20825313780, "observed_years": 5 }, { "importer_iso3": "FRA", "latest_year": 2023, "latest_unit_value_usd_per_ton": 673.2718723233735, "market_median_price_usd_per_ton": 670.5782272858344, "price_vs_median_pct": 0.40168990401636545, "price_position": "Mid", "prior_year": 2022, "yoy_change_pct": -17.870758941673557, "first_year": 2017, "period_change_pct": 60.58020965801385, "period_trade_value_usd": 15145713197, "observed_years": 5 }, { "importer_iso3": "NLD", "latest_year": 2023, "latest_unit_value_usd_per_ton": 646.6730129892522, "market_median_price_usd_per_ton": 688.7525386902029, "price_vs_median_pct": -6.109527491684175, "price_position": "Mid", "prior_year": 2022, "yoy_change_pct": -14.733462055332636, "first_year": 2017, "period_change_pct": 55.549895173523645, "period_trade_value_usd": 14881822521, "observed_years": 5 }, { "importer_iso3": "ESP", "latest_year": 2023, "latest_unit_value_usd_per_ton": 607.0215080615557, "market_median_price_usd_per_ton": 598.6675941531007, "price_vs_median_pct": 1.3954177560375118, "price_position": "Mid", "prior_year": 2022, "yoy_change_pct": -24.042362586589626, "first_year": 2017, "period_change_pct": 47.43220962616923, "period_trade_value_usd": 23366109636, "observed_years": 5 }, { "importer_iso3": "IDN", "latest_year": 2023, "latest_unit_value_usd_per_ton": 558.4304948914719, "market_median_price_usd_per_ton": 622.1084838475791, "price_vs_median_pct": -10.235833557882934, "price_position": "Mid", "prior_year": 2022, "yoy_change_pct": -15.644063885963611, "first_year": 2017, "period_change_pct": 53.17892800797672, "period_trade_value_usd": 10929632911, "observed_years": 5 }, { "importer_iso3": "IND", "latest_year": 2023, "latest_unit_value_usd_per_ton": 688.4799734729531, "market_median_price_usd_per_ton": 627.5716586151369, "price_vs_median_pct": 9.705396032737147, "price_position": "Mid", "prior_year": 2022, "yoy_change_pct": -10.92817319528302, "first_year": 2017, "period_change_pct": 61.25590843910287, "period_trade_value_usd": 32233167641, "observed_years": 5 }, { "importer_iso3": "CIV", "latest_year": 2023, "latest_unit_value_usd_per_ton": 675.1792912548467, "market_median_price_usd_per_ton": 675.1792912548467, "price_vs_median_pct": 0, "price_position": "Mid", "prior_year": 2022, "yoy_change_pct": -5.865429360201658, "first_year": 2019, "period_change_pct": 25.11940409663658, "period_trade_value_usd": 7027404393, "observed_years": 4 }, { "importer_iso3": "ZAF", "latest_year": 2023, "latest_unit_value_usd_per_ton": 678.6996217558265, "market_median_price_usd_per_ton": 738.9826893734122, "price_vs_median_pct": -8.157575066974859, "price_position": "Mid", "prior_year": 2022, "yoy_change_pct": -8.259950266368998, "first_year": 2017, "period_change_pct": 66.9529007082513, "period_trade_value_usd": 11877078331, "observed_years": 5 }, { "importer_iso3": "CAN", "latest_year": 2023, "latest_unit_value_usd_per_ton": 598.3465134969485, "market_median_price_usd_per_ton": 621.7354675652906, "price_vs_median_pct": -3.7618819077401118, "price_position": "Mid", "prior_year": 2022, "yoy_change_pct": -14.87861493471927, "first_year": 2017, "period_change_pct": 49.070877215341845, "period_trade_value_usd": 4710070494, "observed_years": 5 }, { "importer_iso3": "DEU", "latest_year": 2023, "latest_unit_value_usd_per_ton": 682.0712772695243, "market_median_price_usd_per_ton": 631.7258390150262, "price_vs_median_pct": 7.969507521331679, "price_position": "Mid", "prior_year": 2022, "yoy_change_pct": -4.338954027367259, "first_year": 2017, "period_change_pct": 65.6478663892121, "period_trade_value_usd": 9098719165, "observed_years": 5 }, { "importer_iso3": "GBR", "latest_year": 2023, "latest_unit_value_usd_per_ton": 617.7387793445616, "market_median_price_usd_per_ton": 629.1055666715318, "price_vs_median_pct": -1.8068171590198359, "price_position": "Mid", "prior_year": 2022, "yoy_change_pct": -15.461928421932992, "first_year": 2017, "period_change_pct": 49.74386478631483, "period_trade_value_usd": 7264822572, "observed_years": 5 }, { "importer_iso3": "ITA", "latest_year": 2023, "latest_unit_value_usd_per_ton": 586.7977703699634, "market_median_price_usd_per_ton": 628.8347771949652, "price_vs_median_pct": -6.684904898631047, "price_position": "Mid", "prior_year": 2022, "yoy_change_pct": -14.28630495808999, "first_year": 2017, "period_change_pct": 51.20271651252335, "period_trade_value_usd": 6344178935, "observed_years": 5 }, { "importer_iso3": "TUR", "latest_year": 2023, "latest_unit_value_usd_per_ton": 828.2514640678614, "market_median_price_usd_per_ton": 551.8376640721905, "price_vs_median_pct": 50.089694486585636, "price_position": "Above", "prior_year": 2022, "yoy_change_pct": -8.148190750889317, "first_year": 2022, "period_change_pct": -8.148190750889317, "period_trade_value_usd": 1861208382, "observed_years": 2 }, { "importer_iso3": "SEN", "latest_year": 2023, "latest_unit_value_usd_per_ton": 707.1955129156657, "market_median_price_usd_per_ton": 1820.5340641131859, "price_vs_median_pct": -61.15450257943111, "price_position": "Below", "prior_year": 2022, "yoy_change_pct": -23.92873467827995, "first_year": 2019, "period_change_pct": 34.57928273836832, "period_trade_value_usd": 2251104726, "observed_years": 4 }, { "importer_iso3": "SWE", "latest_year": 2023, "latest_unit_value_usd_per_ton": 624.4704905697206, "market_median_price_usd_per_ton": 652.7777777777778, "price_vs_median_pct": -4.336435487191746, "price_position": "Mid", "prior_year": 2022, "yoy_change_pct": -26.17990037103578, "first_year": 2017, "period_change_pct": 49.85440327087704, "period_trade_value_usd": 5082209553, "observed_years": 5 }, { "importer_iso3": "MYS", "latest_year": 2023, "latest_unit_value_usd_per_ton": 1056.7563183746502, "market_median_price_usd_per_ton": 633.5754497668833, "price_vs_median_pct": 66.79249784117604, "price_position": "Above", "prior_year": 2020, "yoy_change_pct": 458.787636572871, "first_year": 2017, "period_change_pct": 166.84760596099068, "period_trade_value_usd": 126405901, "observed_years": 4 }, { "importer_iso3": "IRL", "latest_year": 2022, "latest_unit_value_usd_per_ton": 117000, "market_median_price_usd_per_ton": 965.7658283963812, "price_vs_median_pct": 12014.73802032054, "price_position": "Above", "prior_year": 2017, "yoy_change_pct": 29296.7989277426, "first_year": 2017, "period_change_pct": 29296.7989277426, "period_trade_value_usd": 131656563.99999999, "observed_years": 2 } ], "trendRows": [ { "importer_iso3": "USA", "position": "Mid", "values": [ { "year": 2017, "unit_value_usd_per_ton": 401.3839085666302 }, { "year": 2019, "unit_value_usd_per_ton": 481.8722309967826 }, { "year": 2020, "unit_value_usd_per_ton": 296.3099003811552 }, { "year": 2022, "unit_value_usd_per_ton": 708.1323073665419 }, { "year": 2023, "unit_value_usd_per_ton": 552.6047688567187 } ] }, { "importer_iso3": "FRA", "position": "Mid", "values": [ { "year": 2017, "unit_value_usd_per_ton": 419.2745007353236 }, { "year": 2019, "unit_value_usd_per_ton": 481.4777530209346 }, { "year": 2020, "unit_value_usd_per_ton": 337.4073083927396 }, { "year": 2022, "unit_value_usd_per_ton": 819.7712089476513 }, { "year": 2023, "unit_value_usd_per_ton": 673.2718723233735 } ] }, { "importer_iso3": "NLD", "position": "Mid", "values": [ { "year": 2017, "unit_value_usd_per_ton": 415.73349327420397 }, { "year": 2019, "unit_value_usd_per_ton": 500.58017884663127 }, { "year": 2020, "unit_value_usd_per_ton": 344.9456959204558 }, { "year": 2022, "unit_value_usd_per_ton": 758.4135917526081 }, { "year": 2023, "unit_value_usd_per_ton": 646.6730129892522 } ] }, { "importer_iso3": "ESP", "position": "Mid", "values": [ { "year": 2017, "unit_value_usd_per_ton": 411.72923447374643 }, { "year": 2019, "unit_value_usd_per_ton": 495.0367166558345 }, { "year": 2020, "unit_value_usd_per_ton": 345.10759837290544 }, { "year": 2022, "unit_value_usd_per_ton": 799.1579632180418 }, { "year": 2023, "unit_value_usd_per_ton": 607.0215080615557 } ] }, { "importer_iso3": "IDN", "position": "Mid", "values": [ { "year": 2017, "unit_value_usd_per_ton": 364.56091066415604 }, { "year": 2019, "unit_value_usd_per_ton": 470.1074902890928 }, { "year": 2020, "unit_value_usd_per_ton": 337.24084042699485 }, { "year": 2022, "unit_value_usd_per_ton": 661.9931217840542 }, { "year": 2023, "unit_value_usd_per_ton": 558.4304948914719 } ] } ], "annualRows": [ { "year": 2017, "weighted_unit_value_usd_per_ton": 410.6952659023349, "trade_value_usd": 33530459762, "markets": 32 }, { "year": 2019, "weighted_unit_value_usd_per_ton": 497.69679509710045, "trade_value_usd": 45265641192, "markets": 37 }, { "year": 2020, "weighted_unit_value_usd_per_ton": 362.0204222511103, "trade_value_usd": 29219991563, "markets": 40 }, { "year": 2022, "weighted_unit_value_usd_per_ton": 754.1110480818296, "trade_value_usd": 50154186260, "markets": 34 }, { "year": 2023, "weighted_unit_value_usd_per_ton": 634.5112195447628, "trade_value_usd": 45341035676, "markets": 45 } ], "faq": [ { "question": "What does Nigeria price positioning show for HS 270900?", "answer": "It compares Nigeria's reported unit values across markets with each market's median for the same product and year." }, { "question": "What does above or below median mean?", "answer": "Above median means the observed unit value is higher than the market median; below median means it is lower. It does not by itself indicate profit or quality." }, { "question": "How is the export price calculated?", "answer": "The reported unit value is trade value divided by reported quantity, expressed per metric ton when quantity is available." }, { "question": "Can I compare this with the wider Oils: petroleum oils and oils obtained from bituminous minerals, crude market?", "answer": "Yes. Use the product overview and methodology links to compare price positioning with market size, exporter reach, and reported trade history." } ], "methodology": { "unitValueFormula": "reported trade value in USD / reported quantity in metric tons", "median": "the median of the reported market unit values for the same exporter, product, and year", "spread": "(highest market price - lowest market price) / median market price x 100", "marketComparison": "price_vs_median_pct = (market unit value - market median) / market median x 100", "pricePosition": "Above, Mid, or Below is assigned from the market comparison to the reported median", "coverage": { "first_year": 2017, "latest_year": 2023, "markets": 55, "corridor_rows": 188 } }, "links": { "product": "https://www.yugalinks.com/trade/product/270900", "exporter": "https://www.yugalinks.com/trade/exporter/nga/270900", "platform": "https://www.yugalinks.com/app?hs=270900", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology" }, "generatedAt": "2026-08-25T13:05:32.833Z" }