Nigeria Trade Summary

2000 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): 27,079
No. Of products: 289
No. Of partners: 64
Importsmore »
Imports (in US$ Mil): 5,817
No. Of products: 3,801
No. Of partners: 182

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...26,904,683.16
Natural gas, liquefi ...75,676.57
Palm nuts and kernel ...17,791.48
Floating docks and v ...15,776.26
Sesamum seeds10,019.50
Imports (US$ Thousands)
Spelt, common wheat ...246,058.02
Urea163,358.82
Portland cement (exc ...147,159.17
Flat rlld prod, i/na ...122,843.66
Extracts, essences, ...105,467.48

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States11,499 42.47
India3,920 14.48
Spain2,346 8.66
France1,657 6.12
Italy1,117 4.13
Exporter Trade (US$ Mil) Partner share(%)
United Kingdom755 12.99
United States660 11.35
Germany595 10.22
France325 5.59
Belgium315 5.42

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials26,939 99.48 570 9.79 13.83
Intermediate goods21 0.08 2,224 38.24 16.62
Consumer goods90 0.33 1,464 25.18 32.86
Capital goods28 0.11 1,557 26.77 14.92

Trade Indicators

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HH Market concentration index: 0.24
Index of export market penetration: 2.20
World Growth: 7.43
Country Growth: 25.97

Tariffs

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No Of Tariff Agreement: 1
Maximum Rate (%): 150
Simple Average (%): 24.69
Weighted Average (%): 19.99
Duty Free Imports (US$ Thousand): 57,085.26
Duty Free Tariff Lines Share (%): 0.50

Development Indicators

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GDP (current US$): 46,386
GNI per capita, Atlas method (current US$): 270.00
Trade Balance (% of GDP): 32.08
Trade Balance (current US$ Mil): 14,881.00
Trade in services (% of GDP): 11.07
Trade (% of GDP): 71.38