Nigeria Trade Summary

2001 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): 18,046
No. Of products: 203
No. Of partners: 49
Importsmore »
Imports (in US$ Mil): 7,958
No. Of products: 3,683
No. Of partners: 195

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...17,732,153.67
Natural gas, liquefi ...249,853.97
Printed woven fabric ...27,959.91
Floating docks and v ...10,930.61
Dentifrices3,066.83
Imports (US$ Thousands)
Spelt, common wheat ...330,846.59
Portland cement (exc ...215,698.48
Semi-milled or wholl ...194,526.12
Automobiles with rec ...183,789.67
Frozen fish, nes166,403.06

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States7,321 40.57
India2,083 11.54
Spain1,176 6.51
France1,142 6.33
Brazil1,051 5.83
Exporter Trade (US$ Mil) Partner share(%)
United Kingdom1,070 13.44
United States823 10.34
Germany781 9.81
China527 6.62
Belgium438 5.51

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials17,735 98.28 1,011 12.70 17.98
Intermediate goods33 0.18 2,884 36.23 17.16
Consumer goods263 1.46 2,189 27.50 34.65
Capital goods15 0.08 1,875 23.56 14.60

Trade Indicators

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HH Market concentration index: 0.21
Index of export market penetration: 2.38
World Growth: -1.74
Country Growth: -5.97

Tariffs

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No Of Tariff Agreement: 1
Maximum Rate (%): 150
Simple Average (%): 24.23
Weighted Average (%): 21.47
Duty Free Imports (US$ Thousand): 56,555.29
Duty Free Tariff Lines Share (%): 0.54

Development Indicators

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GDP (current US$ Mil): 44,138
GNI per capita, Atlas method (current US$): 310.00
Trade Balance (% of GDP): 9.08
Trade Balance (current US$ Mil): 4,009.00
Trade in services (% of GDP): 14.26
Trade (% of GDP): 81.81