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India overtakes China as Nigeria’s top supplier of motorcycles

India has overtaken China as the leading supplier of motorcycles to Nigeria with an import value of N73.59bn, representing 63 per cent of the total motorcycles imports in the first quarter of 2024.

Nigeria imported N117.4 billion worth of motorcycles in the first quarter of 2024, which was an increase of 204 per cent from N38.6 billion in the same period of the previous year.

According to the data released by the National Bureau of Statistics, this figure is almost double that of China, the second-highest import partner, which recorded an import value of N40.18 billion. 

When comparing this data with previous periods, the growth in imports from India becomes even more striking. In the first quarter of 2023, Nigeria imported N24.12 billion worth of motorcycles from India, a value substantially lower than the first quarter of 2024, representing a 205 per cent increase over a year. 

In contrast, China’s import values, though also increasing, did not see as dramatic a rise as India’s. In the first quarter of 2023, Nigeria imported N13.64 billion worth of motorcycles from China. By the first quarter of 2024, this figure had risen by 195 per cent, making China the second top import trading partner for motorcycles.

During this period, Italy recorded the highest import value at N105.88 billion, followed by China at N93.01 billion.  India, with an import value of N51. 83 billion, was behind both Italy and China. This indicates that the first quarter of 2023 saw a temporary peak in imports from Italy, which did not carry forward into the first quarter of 2024.

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