{ "pageType": "exporter-price-positioning", "source": "reported", "publisher": { "name": "Yugalinks", "url": "https://www.yugalinks.com" }, "canonical": "https://www.yugalinks.com/trade/price-exporter/nga/271000", "page": { "title": "Nigeria HS6 271000 Export Price Comparison | Yugalinks", "description": "Compare reported Nigeria export prices for HS6 271000. See the median unit value, destination comparisons, trade value, and annual price trends.", "route": "/trade/price-exporter/nga/271000" }, "exporter": { "iso3": "NGA", "name": "Nigeria" }, "product": { "hs_code": "271000", "description": "Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils" }, "summary": { "num_markets": 58, "highest_price_importer_iso3": "SVN", "highest_price_usd_per_ton": 163153.84615384616, "lowest_price_importer_iso3": "SGP", "lowest_price_usd_per_ton": 28.44142857142857, "median_price_across_markets": 777.3257438957369, "price_spread_pct": 20985.462787805835, "avg_quantity_metric_tons": 43170.29771631206, "total_trade_value_usd": 3839151108 }, "marketRows": [ { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "GBR", "hs_code": "271000", "unit_value_usd_per_ton": 944.7338724317827, "quantity_metric_tons": 335461.3, "trade_value_usd": 316921653, "market_median_price_usd_per_ton": 1158.63147839255, "price_vs_median_pct": -18.46122860890352, "price_position": "Mid" }, { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "USA", "hs_code": "271000", "unit_value_usd_per_ton": 529.3760097005749, "quantity_metric_tons": 239484.364, "trade_value_usd": 126777277, "market_median_price_usd_per_ton": 841.8784186847626, "price_vs_median_pct": -37.11966027973486, "price_position": "Budget" }, { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "BEL", "hs_code": "271000", "unit_value_usd_per_ton": 703.1870395340765, "quantity_metric_tons": 117470.962, "trade_value_usd": 82604058, "market_median_price_usd_per_ton": 1387.4718679669918, "price_vs_median_pct": -49.31882542855237, "price_position": "Budget" }, { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "BEN", "hs_code": "271000", "unit_value_usd_per_ton": 335.75057220126837, "quantity_metric_tons": 185278.338, "trade_value_usd": 62207308, "market_median_price_usd_per_ton": 1235.4189575173787, "price_vs_median_pct": -72.8229383110672, "price_position": "Budget" }, { "year": 2022, "exporter_iso3": "NGA", "importer_iso3": "BRA", "hs_code": "271000", "unit_value_usd_per_ton": 1245.4147155593425, "quantity_metric_tons": 39785.1, "trade_value_usd": 49548949, "market_median_price_usd_per_ton": 1292.3797263252407, "price_vs_median_pct": -3.6339947005698297, "price_position": "Mid" }, { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "PRT", "hs_code": "271000", "unit_value_usd_per_ton": 1382.29452069199, "quantity_metric_tons": 23774.9, "trade_value_usd": 32863913.999999996, "market_median_price_usd_per_ton": 1311.5774497599145, "price_vs_median_pct": 5.391757150522859, "price_position": "Mid" }, { "year": 2020, "exporter_iso3": "NGA", "importer_iso3": "ITA", "hs_code": "271000", "unit_value_usd_per_ton": 455.6249728195335, "quantity_metric_tons": 50587.8, "trade_value_usd": 23049065, "market_median_price_usd_per_ton": 616.1330422654781, "price_vs_median_pct": -26.05087837129586, "price_position": "Budget" }, { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "DEU", "hs_code": "271000", "unit_value_usd_per_ton": 701.0763775260701, "quantity_metric_tons": 32724.299, "trade_value_usd": 22942233, "market_median_price_usd_per_ton": 1116.4874551971325, "price_vs_median_pct": -37.206963297022924, "price_position": "Budget" }, { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "NLD", "hs_code": "271000", "unit_value_usd_per_ton": 668.1403100832678, "quantity_metric_tons": 33309.053, "trade_value_usd": 22255121, "market_median_price_usd_per_ton": 1205.771643663739, "price_vs_median_pct": -44.58815534481119, "price_position": "Budget" }, { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "NER", "hs_code": "271000", "unit_value_usd_per_ton": 938.5728201443303, "quantity_metric_tons": 15183.23, "trade_value_usd": 14250567, "market_median_price_usd_per_ton": 1288.4323256873765, "price_vs_median_pct": -27.153890706397544, "price_position": "Budget" }, { "year": 2020, "exporter_iso3": "NGA", "importer_iso3": "JPN", "hs_code": "271000", "unit_value_usd_per_ton": 386.4560052386579, "quantity_metric_tons": 28098.8, "trade_value_usd": 10858950, "market_median_price_usd_per_ton": 604.9594050472226, "price_vs_median_pct": -36.11868796246064, "price_position": "Budget" }, { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "TGO", "hs_code": "271000", "unit_value_usd_per_ton": 6072.1815089274605, "quantity_metric_tons": 1438.651, "trade_value_usd": 8735750, "market_median_price_usd_per_ton": 1297.0152258788885, "price_vs_median_pct": 368.16578462390873, "price_position": "Premium" }, { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "CMR", "hs_code": "271000", "unit_value_usd_per_ton": 110.43484159432307, "quantity_metric_tons": 72309.435, "trade_value_usd": 7985481, "market_median_price_usd_per_ton": 1352.6222746022393, "price_vs_median_pct": -91.83550029687348, "price_position": "Budget" }, { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "GMB", "hs_code": "271000", "unit_value_usd_per_ton": 933.7534563949748, "quantity_metric_tons": 4017.553, "trade_value_usd": 3751404, "market_median_price_usd_per_ton": 1160.081585081585, "price_vs_median_pct": -19.509673422726834, "price_position": "Mid" }, { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "PRY", "hs_code": "271000", "unit_value_usd_per_ton": 1386.5435133590786, "quantity_metric_tons": 2607.59, "trade_value_usd": 3615537, "market_median_price_usd_per_ton": 1223.5609395825238, "price_vs_median_pct": 13.320347888202779, "price_position": "Mid" }, { "year": 2023, "exporter_iso3": "NGA", "importer_iso3": "SGP", "hs_code": "271000", "unit_value_usd_per_ton": 37.24894938860699, "quantity_metric_tons": 780.022, "trade_value_usd": 29055, "market_median_price_usd_per_ton": 580.3895359938896, "price_vs_median_pct": -93.58207771185607, "price_position": "Budget" }, { "year": 2019, "exporter_iso3": "NGA", "importer_iso3": "SVN", "hs_code": "271000", "unit_value_usd_per_ton": 163153.84615384616, "quantity_metric_tons": 0.013, "trade_value_usd": 2121, "market_median_price_usd_per_ton": 1290.6471529842213, "price_vs_median_pct": 12541.243253557215, "price_position": "Premium" } ], "marketAggregates": [ { "importer_iso3": "GBR", "latest_year": 2023, "latest_unit_value_usd_per_ton": 944.7338724317827, "market_median_price_usd_per_ton": 1158.63147839255, "price_vs_median_pct": -18.46122860890352, "price_position": "Mid", "prior_year": 2022, "yoy_change_pct": -25.902035118615352, "first_year": 2017, "period_change_pct": 88.83945676231066, "period_trade_value_usd": 1037595694, "observed_years": 5 }, { "importer_iso3": "USA", "latest_year": 2023, "latest_unit_value_usd_per_ton": 529.3760097005749, "market_median_price_usd_per_ton": 841.8784186847626, "price_vs_median_pct": -37.11966027973486, "price_position": "Below", "prior_year": 2022, "yoy_change_pct": -22.185608845583783, "first_year": 2017, "period_change_pct": -30.506507802716055, "period_trade_value_usd": 1244389058, "observed_years": 5 }, { "importer_iso3": "BEL", "latest_year": 2023, "latest_unit_value_usd_per_ton": 703.1870395340765, "market_median_price_usd_per_ton": 1387.4718679669918, "price_vs_median_pct": -49.31882542855237, "price_position": "Below", "prior_year": 2022, "yoy_change_pct": -18.971840805473683, "first_year": 2017, "period_change_pct": 62.81944580259471, "period_trade_value_usd": 399139642, "observed_years": 5 }, { "importer_iso3": "BEN", "latest_year": 2023, "latest_unit_value_usd_per_ton": 335.75057220126837, "market_median_price_usd_per_ton": 1235.4189575173787, "price_vs_median_pct": -72.8229383110672, "price_position": "Below", "prior_year": 2022, "yoy_change_pct": -12.504102500756996, "first_year": 2019, "period_change_pct": 72.74329862673916, "period_trade_value_usd": 176961740, "observed_years": 4 }, { "importer_iso3": "BRA", "latest_year": 2022, "latest_unit_value_usd_per_ton": 1245.4147155593425, "market_median_price_usd_per_ton": 1292.3797263252407, "price_vs_median_pct": -3.6339947005698297, "price_position": "Mid", "prior_year": 2020, "yoy_change_pct": 204.840130850669, "first_year": 2017, "period_change_pct": 148.6842073047667, "period_trade_value_usd": 111404339, "observed_years": 4 }, { "importer_iso3": "PRT", "latest_year": 2023, "latest_unit_value_usd_per_ton": 1382.29452069199, "market_median_price_usd_per_ton": 1311.5774497599145, "price_vs_median_pct": 5.391757150522859, "price_position": "Mid", "prior_year": null, "yoy_change_pct": null, "first_year": 2023, "period_change_pct": 0, "period_trade_value_usd": 32863913.999999996, "observed_years": 1 }, { "importer_iso3": "ITA", "latest_year": 2020, "latest_unit_value_usd_per_ton": 455.6249728195335, "market_median_price_usd_per_ton": 616.1330422654781, "price_vs_median_pct": -26.05087837129586, "price_position": "Below", "prior_year": 2017, "yoy_change_pct": 31.373785123995003, "first_year": 2017, "period_change_pct": 31.373785123995003, "period_trade_value_usd": 42075793, "observed_years": 2 }, { "importer_iso3": "DEU", "latest_year": 2023, "latest_unit_value_usd_per_ton": 701.0763775260701, "market_median_price_usd_per_ton": 1116.4874551971325, "price_vs_median_pct": -37.206963297022924, "price_position": "Below", "prior_year": 2022, "yoy_change_pct": -9.809190930371924, "first_year": 2017, "period_change_pct": 50.419074948736345, "period_trade_value_usd": 139876318, "observed_years": 5 }, { "importer_iso3": "NLD", "latest_year": 2023, "latest_unit_value_usd_per_ton": 668.1403100832678, "market_median_price_usd_per_ton": 1205.771643663739, "price_vs_median_pct": -44.58815534481119, "price_position": "Below", "prior_year": 2022, "yoy_change_pct": -64.8624097183727, "first_year": 2017, "period_change_pct": 30.37839859714806, "period_trade_value_usd": 276187241, "observed_years": 5 }, { "importer_iso3": "NER", "latest_year": 2023, "latest_unit_value_usd_per_ton": 938.5728201443303, "market_median_price_usd_per_ton": 1288.4323256873765, "price_vs_median_pct": -27.153890706397544, "price_position": "Below", "prior_year": 2022, "yoy_change_pct": 24.69749254763405, "first_year": 2019, "period_change_pct": 91.77394253039633, "period_trade_value_usd": 21111880, "observed_years": 4 }, { "importer_iso3": "JPN", "latest_year": 2020, "latest_unit_value_usd_per_ton": 386.4560052386579, "market_median_price_usd_per_ton": 604.9594050472226, "price_vs_median_pct": -36.11868796246064, "price_position": "Below", "prior_year": null, "yoy_change_pct": null, "first_year": 2020, "period_change_pct": 0, "period_trade_value_usd": 10858950, "observed_years": 1 }, { "importer_iso3": "TGO", "latest_year": 2023, "latest_unit_value_usd_per_ton": 6072.1815089274605, "market_median_price_usd_per_ton": 1297.0152258788885, "price_vs_median_pct": 368.16578462390873, "price_position": "Above", "prior_year": 2022, "yoy_change_pct": -1.1487064094606092, "first_year": 2019, "period_change_pct": 495.31191263994714, "period_trade_value_usd": 18753904, "observed_years": 4 }, { "importer_iso3": "CMR", "latest_year": 2023, "latest_unit_value_usd_per_ton": 110.43484159432307, "market_median_price_usd_per_ton": 1352.6222746022393, "price_vs_median_pct": -91.83550029687348, "price_position": "Below", "prior_year": 2022, "yoy_change_pct": -9.941431369763832, "first_year": 2019, "period_change_pct": -47.37426164037125, "period_trade_value_usd": 29913324, "observed_years": 4 }, { "importer_iso3": "GMB", "latest_year": 2023, "latest_unit_value_usd_per_ton": 933.7534563949748, "market_median_price_usd_per_ton": 1160.081585081585, "price_vs_median_pct": -19.509673422726834, "price_position": "Mid", "prior_year": null, "yoy_change_pct": null, "first_year": 2023, "period_change_pct": 0, "period_trade_value_usd": 3751404, "observed_years": 1 }, { "importer_iso3": "PRY", "latest_year": 2023, "latest_unit_value_usd_per_ton": 1386.5435133590786, "market_median_price_usd_per_ton": 1223.5609395825238, "price_vs_median_pct": 13.320347888202779, "price_position": "Mid", "prior_year": 2022, "yoy_change_pct": 3.033527689093063, "first_year": 2022, "period_change_pct": 3.033527689093063, "period_trade_value_usd": 6731015, "observed_years": 2 }, { "importer_iso3": "SGP", "latest_year": 2023, "latest_unit_value_usd_per_ton": 37.24894938860699, "market_median_price_usd_per_ton": 580.3895359938896, "price_vs_median_pct": -93.58207771185607, "price_position": "Below", "prior_year": 2022, "yoy_change_pct": -94.419319955882, "first_year": 2019, "period_change_pct": 30.96722372808727, "period_trade_value_usd": 29660077, "observed_years": 4 }, { "importer_iso3": "SVN", "latest_year": 2019, "latest_unit_value_usd_per_ton": 163153.84615384616, "market_median_price_usd_per_ton": 1290.6471529842213, "price_vs_median_pct": 12541.243253557215, "price_position": "Above", "prior_year": null, "yoy_change_pct": null, "first_year": 2019, "period_change_pct": 0, "period_trade_value_usd": 2121, "observed_years": 1 } ], "trendRows": [ { "importer_iso3": "GBR", "position": "Mid", "values": [ { "year": 2017, "unit_value_usd_per_ton": 500.28415069044854 }, { "year": 2019, "unit_value_usd_per_ton": 658.543945879576 }, { "year": 2020, "unit_value_usd_per_ton": 535.544738579968 }, { "year": 2022, "unit_value_usd_per_ton": 1274.9795138693812 }, { "year": 2023, "unit_value_usd_per_ton": 944.7338724317827 } ] }, { "importer_iso3": "USA", "position": "Budget", "values": [ { "year": 2017, "unit_value_usd_per_ton": 761.7634298730273 }, { "year": 2019, "unit_value_usd_per_ton": 759.1300755863194 }, { "year": 2020, "unit_value_usd_per_ton": 382.9996464064038 }, { "year": 2022, "unit_value_usd_per_ton": 680.3060485946256 }, { "year": 2023, "unit_value_usd_per_ton": 529.3760097005749 } ] }, { "importer_iso3": "BEL", "position": "Budget", "values": [ { "year": 2017, "unit_value_usd_per_ton": 431.8814844675453 }, { "year": 2019, "unit_value_usd_per_ton": 625.4744981796138 }, { "year": 2020, "unit_value_usd_per_ton": 392.61328874722346 }, { "year": 2022, "unit_value_usd_per_ton": 867.8304511965006 }, { "year": 2023, "unit_value_usd_per_ton": 703.1870395340765 } ] }, { "importer_iso3": "BEN", "position": "Budget", "values": [ { "year": 2019, "unit_value_usd_per_ton": 194.363876845233 }, { "year": 2020, "unit_value_usd_per_ton": 421.166138835484 }, { "year": 2022, "unit_value_usd_per_ton": 383.7329312544891 }, { "year": 2023, "unit_value_usd_per_ton": 335.75057220126837 } ] }, { "importer_iso3": "BRA", "position": "Mid", "values": [ { "year": 2017, "unit_value_usd_per_ton": 500.80169105111923 }, { "year": 2019, "unit_value_usd_per_ton": 673.2655903587062 }, { "year": 2020, "unit_value_usd_per_ton": 408.5468380045505 }, { "year": 2022, "unit_value_usd_per_ton": 1245.4147155593425 } ] } ], "annualRows": [ { "year": 2017, "weighted_unit_value_usd_per_ton": 651.8027907745466, "trade_value_usd": 794806996, "markets": 19 }, { "year": 2019, "weighted_unit_value_usd_per_ton": 579.6291242710008, "trade_value_usd": 546036490, "markets": 31 }, { "year": 2020, "weighted_unit_value_usd_per_ton": 410.6921910256641, "trade_value_usd": 607697384, "markets": 26 }, { "year": 2022, "weighted_unit_value_usd_per_ton": 858.0551303047627, "trade_value_usd": 1181476208, "markets": 29 }, { "year": 2023, "weighted_unit_value_usd_per_ton": 663.3897502853724, "trade_value_usd": 709134030, "markets": 36 } ], "faq": [ { "question": "What does Nigeria price positioning show for HS 271000?", "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 Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils 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": 58, "corridor_rows": 141 } }, "links": { "product": "https://www.yugalinks.com/trade/product/271000", "exporter": "https://www.yugalinks.com/trade/exporter/nga/271000", "platform": "https://www.yugalinks.com/app?hs=271000", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology" }, "generatedAt": "2026-08-25T13:05:32.832Z" }