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EIQ

Trade corridors

Mali and Nigeria

What moves each way, the scams to watch for, and what to check before you trade.

Mali sells, 2024
$285k
-9.6% a year
Mali buys, 2024
$19.2m
-36.9% a year
Listed in Nigeria
1
buyers, 61 suppliers
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Trade safely with Nigeria

The scams, documents and rules that matter on this corridor. Written and reviewed by our team, and dated.

Checks that apply to any deal on this corridor

Corridor-specific scam patterns and rules are still being reviewed by our team and will appear here once published.

  • Confirm the company exists in an official register and that its name matches the one on the invoice.
  • Before paying into a new or changed bank account, phone the company on a number you already hold, not one from the invoice or email.
  • Test the container number, ship number, ports and dates on the bill of lading with the Document checker.
  • Be wary of paying in advance for goods you have not seen, or of fees demanded to release a shipment.
  • Ask the carrier directly to confirm the shipment exists and where it is.
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In short

In 2024, Mali sold Nigeria about $285 thousand of goods. The biggest products were lamps, portable, raw hides and skins of bovine and furniture and parts thereof, which together make up 82% of the total. The total has fallen by about 9.6% a year since 2022. Among the leading products, raw skins of sheep or lambs is growing fastest, at about 421% a year.

In 2024, Mali bought about $19.2 million of goods from Nigeria. The biggest products were manufactured tobacco and manufactured tobacco…, soap and plastics, plates, which together make up 65% of the total. More than half of this trade is one product (manufactured tobacco and manufactured tobacco…), so it leans heavily on that one line. The total has fallen by about 37% a year since 2022. Among the leading products, food preparations not elsewhere specified or… is growing fastest, at about 6,398% a year.

Trade by year

Total trade each year, as reported in the tables below. A missing bar means no report for that year, not zero trade.

Mali sells to Nigeria Mali buys from Nigeria
$0 $40m $80m 2022 $348k $48.1m 2023 $1.3m $21.4m 2024 $285k $19.2m
View as a table
Year Mali sells to Nigeria Mali buys from Nigeria
2022 $348k $48.1m
2023 $1.3m $21.4m
2024 $285k $19.2m

What Mali sells to Nigeria

Ranked by value in 2024, by 4-digit product code. Growth is the yearly rate since 2022.

The two countries do not agree on this trade. Nigeria reports $124.3m for 2024, against $285k in the table below. Customs valuation, missing reports and goods passing through other countries all cause gaps like this, and we cannot tell which figure is closer. Treat both as indicative.
Product Value Share Growth
Lamps (portable, electric, designed to function by their own source of energy (e.g. dry batteries, accumulator… Product code 8513 · Electrical equipment $103k 36.3% n/a
Raw hides and skins of bovine (including buffalo) or equine animals (fresh, salted, dried, limed, pickled, oth… Product code 4101 · Hides and leather $94k 33.0% -23.3% a year
Furniture and parts thereof, not listed elsewhere in chapter 94 Product code 9403 · Furniture and bedding $35k 12.2% n/a
7 more products are in the full list. Create a free account to see them, or sign in.

Biggest product groups: Hides and leather (45%), Electrical equipment (36%), Furniture and bedding (12%), Vegetables (1%), Fruit and nuts (1%) .

What Mali buys from Nigeria

Ranked by value in 2024, by 4-digit product code. Growth is the yearly rate since 2022.

Product Value Share Growth
Manufactured tobacco and manufactured tobacco substitutes not listed elsewhere (homogenised or reconstituted t… Product code 2403 · Tobacco $9.6m 50.2% -24.1% a year
Soap (organic surface-active preparations used as soap, skin washing, in bars, cakes, moulded pieces, shapes,… Product code 3401 · Soap and cleaning products $1.5m Nigeria reports none 7.8% +77.2% a year
Plastics (plates, sheets, film, foil and strip (not self-adhesive), non-cellular and not reinforced, laminated… Product code 3920 · Plastics $1.4m Nigeria reports none 7.4% +13.0% a year
7 more products are in the full list. Create a free account to see them, or sign in.

Biggest product groups: Tobacco (50%), Soap and cleaning products (11%), Plastics (9%), Vehicles (6%), Machinery (4%) .

Where the opportunities are

Products that are moving on this corridor. Only products of a meaningful size are listed. Treat these as leads to check, not promises: a fast rise can reverse.

Growing fastest: Mali buys from Nigeria
Soap (organic surface-active preparations used as soap, skin washing, in bars, cakes, moulded pieces, shapes,…
$1.5m in 2024 · up about 77% a year · $478k in 2022
New or much bigger: Mali sells to Nigeria
Lamps (portable, electric, designed to function by their own source of energy (e.g. dry batteries, accumulator…
$103k in 2024 · not traded in 2022
New or much bigger: Mali buys from Nigeria
Food preparations not elsewhere specified or included
$271k in 2024 · was $64 in 2022

Room to grow

Products that a market buys a lot of, where this corridor supplies only a small part. Shares are for the latest year both sides reported. A small share can also mean a hard market, so check the rules and the buyer first.

Nigeria buys a lot of these. Mali supplies little.
Petroleum oils and oils from bituminous minerals, not crude (preparations not listed elsewhere, containing by…
Nigeria imported $14.7bn (2024). Mali supplied almost none of it. Mali exports $103.3m of this to the world.
Mali buys a lot of these. Nigeria supplies little.
Petroleum gases and other gaseous hydrocarbons
Nigeria exports $8.7bn of this to the world (2024). Mali bought almost none of that from it. Mali imports $21.9m of this from the world.
See the full picture for Mali and Nigeria

A free account shows the complete product lists, every fast-growing and new product, and the markets where this corridor supplies little. Accounts are checked by hand, so use your business email.

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How to read these figures

Value is what was traded in the year, in US dollars. A big number means a big market, not necessarily an easy one to enter.

Share is that product's part of the total in the table above. A product with a large share is what this corridor already trades most of.

Growth is the average yearly change since the first year shown. A green figure means trade in that product is rising.

Product code is the international customs code (HS) for the product group. Your customs agent and the guide below will ask for it, and it decides the duty you pay.

These are totals reported by customs authorities, not prices or orders. Use them to see where demand exists, then check the rules and the company you plan to deal with.

Before you pay
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Check who you deal with
Companies in Nigeria
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Freight forwarders, customs brokers and more
Other markets
Market finder by product

Trade figures are what each country reported to the UN (Comtrade), in US dollars. Imports are usually reported including freight and insurance, exports without, so the two sides of a corridor will not match exactly. Company counts are companies listed on ExporterIQ.