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PreciousEbirim51/ANALYSIS-OF-2019-NIGERIA-IMPORT-DATA

Domaine:

socioeconomic

Type de record:

dataset
Créateur:
Pre
Hôte:
Nigeria's 2019 import data provides critical insights into the country’s trade dynamics, economic dependencies, and consumption patterns. Nigeria remains heavily reliant on imports for essential goods, including refined petroleum, machinery, food items, and pharmaceuticals. # ANALYSIS-OF-2019-NIGERIA-IMPORT-DATA INTRODUCTION This analysis examines Nigeria's import data for 2019, a crucial year before the COVID-19 pandemic significantly disrupted global trade patterns. Understanding Nigeria's import profile provides insights into the country's economic dependencies, industrial needs, and consumption patterns. This analysis serves as a foundation for understanding Nigeria's trade dynamics and can inform policy decisions regarding industrial development, trade partnerships, and economic diversification efforts. PRE ANALYSIS A pre-analysis phase was conducted to establish an analytical framework before the creation of the dashboard. This pre-analysis phase involves: 1. Project Split: The dataset was split into two variables which are independent and dependent variables and this helps in understanding the relationship between the data points and can provide hint on the type of insights that can be gotten from the dataset. 2. Potential Analysis/Questions: In this step, the questions that can be answered with the dataset were identified and it will serve as a bearing during the analysis. 3. Potential Insights: I was able to uncover some insights during this step just by observing the data split and it aided in my analysis by narrowing my focus on the important insights that can be gotten from the data set. 4. Storytelling: After the earlier steps described above, it became easier to tell a story from the dataset by relating the datapoints with each other. TOOLS AND TECHNOLOGIES Microsoft Power BI was the primary analysis and visualization tool used for this project, the Power BI features used include; • DAX Functions • Interactive Visualizations • Power Query • Calculated Columns and Measures • Conditional Formatting OBSERVATIONS 1. The top imported items in Nigeria are; Gasoil, Machinery and accessories, Agricultural machinery, Industrial raw materials, whole milk instant powder, Telecommunication equipment, Agricultural Herbic …

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