Nigeria, third highest destination of used cars from US – Report

Nigeria is the African country importing the most used vehicles from the United States, and the third in the world, a new report has shown.

The report, by the United Nations Environment Programme (UNEP), said Nigeria ranks just below the United Arab Emirates (UAE) and Mexico.

According to UNEP, 14 million light-duty vehicles (cars, SUVs and minibuses) were exported to low and middle-income countries between 2015 and 2018.

“40 per cent of that total ended up in Africa,” it said.

The European Union accounted for 54 per cent of all used vehicle exports during that period, followed by Japan’s 27 per cent and the United States’ 18 per cent.

Despite accounting for a lower share of total used vehicle exports than the EU and Japan, the U.S. still shipped 2.6 million overseas between 2015 and 2018 with a collective value of $24.5 million.

The United Arab Emirates is the top importing nation with 389,302 cars while Mexico is a distant second with 281,545.

Nigeria is the third, importing 203,136 cars from the U.S. within the period under review.

Further details of the report show that in Africa, more than 60 per cent of vehicles added annually is through the importation of used vehicles.

 

 

– Premium Times

About Don Saint

PR Guru / Author / Promoter / Controversial Writer / Hip Hop Artiste / Actor / Human Rights Activist. The First Nigerian Hip Hop Artiste to obtain a Masters Degree (M.A) in Arts ( Religion & Human Relations). The author of one of the most controversial books in Nigeria; "Emancipation from Masturbation". With over 12 Movies and 3 Musical albums since 2003. Former Events Manager at Silverbird’s Rhythm Fm Awka Station till 2010. For more info. Call : 08033239298.

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