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Home International Customs

Nigeria, Indonesia trade volume hits $2.8 billion in 2014

byCustoms Today Report
16/04/2015
in International Customs, Nigeria
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LAGOS: The Indonesian ambassador to Nigeria, Amb. Harry Purwanto, said on Wednesday that trade volume between Nigeria and Indonesia stood at between 2.6 and 2.8 billion dollars in 2014.

According to him, Nigeria’s import from Indonesia within the period under review was between 600 and 700 million dollars.

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He said given their abundance resources, there was no doubt that the two countries could diversify their imports from both ends.

He urged Nigeria business community to take advantage of Indonesia’s large market and expressed Indonesia’s readiness to boost bilateral relations with Nigeria.

The ambassador said Nigerian could import arms, vehicles their parts, Armoured Personnel Carriers, electrical appliances, among goods from Indonesia.

He said though Indonesian products could be relatively more expensive than those from other countries, they compensate for the price with their high quality.

He said the government of Indonesia was commitment to wealth creation and distribution as a tool for consolidating democracy.

He said the government of Indonesia was determined to promote economic growth through clean and renewable energy.

The ambassador said as developing countries, Indonesia and Nigeria had a lot to learn from each in industrial growth and development.

Tags: Indonesia tradeNigeriavolume hits $2.8 billion in 2014

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