Nigeria Trade Summary

1996 Data

Nigeria exports, imports, tariff by year.

Country / Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports

Products

TRADE SUMMARY FOR Nigeria

Overall Exports and Imports

Exportsmore »
Exports (in US$ Mil): 11,394
No. Of products: 366
No. Of partners: 92
Importsmore »
Imports (in US$ Mil): 5,335
No. Of products: 3,511
No. Of partners: 135

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...10,862,123.01
Natural rubber latex ...142,292.43
Cocoa beans, whole o ...109,662.90
Cotton linters18,631.74
Frozen shrimps and p ...18,071.62
Imports (US$ Thousands)
Spelt, common wheat ...258,290.46
Raw cane sugar, in s ...145,223.36
Construction equipme ...100,036.52
Portland cement (exc ...86,219.41
New stamps; stamp-im ...76,303.03

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States4,248 37.29
Spain1,330 11.67
France984 8.64
Italy779 6.84
Netherlands752 6.60
Exporter Trade (US$ Mil) Partner share(%)
United States893 16.74
United Kingdom698 13.08
Germany563 10.54
France440 8.25
Netherlands324 6.07

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials11,210 98.38 585 10.97 11.31
Intermediate goods83 0.73 1,912 35.83 11.65
Consumer goods69 0.61 1,168 21.88 34.69
Capital goods29 0.26 1,647 30.87 10.10

Trade Indicators

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HH Market concentration index: 0.15
Index of export market penetration: 2.22
World Growth: 3.55
Country Growth: 15.62

Tariffs

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No Of Tariff Agreement: 1
Maximum Rate (%): 150
Simple Average (%): 22.95
Weighted Average (%): 16.06
Duty Free Imports (US$ Thousand): 32,805.77
Duty Free Tariff Lines Share (%): 0.84

Development Indicators

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GDP (current US$ Mil): 34,988
GNI per capita, Atlas method (current US$): 230.00
Trade Balance (% of GDP): 6.79
Trade Balance (current US$ Mil): 2,374.00
Trade in services (% of GDP): 15.89
Trade (% of GDP): 57.69