Nigeria, with an area of 923,800 square kilometers, is the largest economy in west Africa and the third largest economy in Africa after South Africa and Egypt. Nigeria is our largest trading partner in west Africa. According to China's customs statistics, from January to September, the bilateral trade volume between China and Nepal reached US $10.03 billion, up 27.7% year-on-year, 16 percentage points higher than the overall growth rate of China's foreign trade in the same period.
Among them, China's exports to Nepal reached us $8.86 billion, up by 24.9%.Imports from Nepal were US $1.17 billion, up 53.9 percent, with a trade surplus of US $7.67 billion, up 21.4 percent year-on-year.According to our customs data, Nigeria maintained its position as Africa's third largest trading partner in September, followed by South Africa and Angola. Meanwhile, Nigeria maintained its position as Africa's second largest export market, followed by South Africa.
Nepal accounts for 38.5% of China's trade with ECOWAS and 8.0% of China's trade with Africa. In 2017, Guangdong exported $68 million of lighting products to Nigeria and Zhejiang $9.8 million, according to Chinese customs figures. Guangdong's exports of lighting products to Nigeria rose to $108 million in 2018. A lighting company in Zhongshan exported $48 million to Nigeria (according to the Zhongshan commodity inspection bureau).
As the major economy among the 16 countries of ECOWAS, Nigeria has a population of 180 million. Together with the other 15 countries, it has a population of 350 million. It is the most important economy among the 55 countries in Africa.