{"id":48491,"date":"2024-09-12T08:04:48","date_gmt":"2024-09-12T08:04:48","guid":{"rendered":"https:\/\/nigerdeltanews.ng\/crude-oil-accounts-for-74-98-of-nigerias-exports-in-q2-2024-nbs\/"},"modified":"2024-09-12T08:04:48","modified_gmt":"2024-09-12T08:04:48","slug":"crude-oil-accounts-for-74-98-of-nigerias-exports-in-q2-2024-nbs","status":"publish","type":"post","link":"https:\/\/nigerdeltanews.ng\/crude-oil-accounts-for-74-98-of-nigerias-exports-in-q2-2024-nbs\/","title":{"rendered":"Crude oil accounts for 74.98% of Nigeria\u2019s exports in Q2 2024 \u2013 NBS"},"content":{"rendered":"<div>\n<p>Crude oil exports accounted for 74.98 percent of Nigeria\u2019s total export value in the second quarter of 2024.<\/p>\n<p>The National Bureau of Statistics disclosed this in its Foreign Trade Goods Statistics released on Wednesday.<\/p>\n<p>According to the data, Crude oil exports contributed N14.56bn to the country\u2019s total exports in the second quarter of the year.<\/p>\n<p>The data showed that the most exported commodities in the period under review included crude oil, liquefied natural gas, and other petroleum gases in a gaseous state, superior-quality cocoa beans and urea<\/p>\n<p>In Q2 2024, Nigeria\u2019s total exports were valued at N19,418.93 billion, reflecting a 1.31 percent increase compared to N19,167.36 billion in Q1 2024 and a 201.76 percent rise compared to N6,435.13 billion in Q2 2023.<\/p>\n<p>Conversely, the value of total imports in the period under review stood at N12,473.53 billion.<\/p>\n<p>This comes as Nigeria recorded N6.95 trillion as a trade surplus in Q2 2024.<\/p>\n<p>\u00a0<\/p>\n<p>Crude oil accounts for 74.98% of Nigeria\u2019s exports in Q2 2024 \u2013 NBS<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crude oil exports accounted for 74.98 percent of Nigeria\u2019s total export value in the second quarter of 2024. The National&hellip;<\/p>\n","protected":false},"author":1,"featured_media":48492,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4161,665,24557,4784,15],"tags":[],"class_list":["post-48491","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-crude-oil","category-exports","category-nbs","category-news"],"_links":{"self":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/posts\/48491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/comments?post=48491"}],"version-history":[{"count":0,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/posts\/48491\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/media\/48492"}],"wp:attachment":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/media?parent=48491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/categories?post=48491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/tags?post=48491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}