- Nigeria has always traded with UK. - Most of Nigeria's trade is now with some of world's largest economies (e.g. USA, China, India and countries in EU).
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What are Nigeria's main exports and imports?
- Since independence, oil has replaced other natural commodities as Nigeria's main export, but the country still imports manufactured goods like machinery, chemicals and transport equipment.
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How has China influenced trade? - positives
- China invests in Nigeria's infrastructure, such as transport neptworks and power supplies. - China Railway Construction Corporation built 1,400km railway along Nigeria's coast in 2014.
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How has China influenced trade? - negatives
- 2014: A Chinese Corporation invested $10billion in exploration and drilling in a new oil field (reduces amount of oil Nigeria has and disrupts Nigeria's environment). - China can easily disappear from Nigeria(shouldnt be too dependent on China).
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Other cards in this set
Card 2
Front
What are Nigeria's main exports and imports?
Back
- Since independence, oil has replaced other natural commodities as Nigeria's main export, but the country still imports manufactured goods like machinery, chemicals and transport equipment.
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