Nigeria Trade Summary

2002 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): 18,607
No. Of products: 235
No. Of partners: 54
Importsmore »
Imports (in US$ Mil): 8,758
No. Of products: 3,791
No. Of partners: 179

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...16,597,958.51
Natural gas, liquefi ...621,945.04
Dredgers494,401.50
Other residues of pe ...232,906.84
Textured yarn of pol ...132,353.25
Imports (US$ Thousands)
Spelt, common wheat ...346,574.70
Floating or submersi ...258,533.63
Portland cement (exc ...253,903.40
Semi-milled or wholl ...233,986.27
Buoys, beacons, coff ...171,318.89

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States5,830 31.33
India2,161 11.61
Brazil1,541 8.28
Spain1,021 5.49
France999 5.37
Exporter Trade (US$ Mil) Partner share(%)
United States1,123 12.83
United Kingdom1,097 12.53
China741 8.46
Germany532 6.08
Belgium519 5.93

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials16,657 89.52 799 9.12 6.89
Intermediate goods376 2.02 2,995 34.19 12.33
Consumer goods971 5.22 2,200 25.12 38.28
Capital goods604 3.24 2,763 31.54 12.67

Trade Indicators

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HH Market concentration index: 0.15
Index of export market penetration: 2.40
World Growth: 2.05
Country Growth: -8.82

Tariffs

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No Of Tariff Agreement: 1
Maximum Rate (%): 150
Simple Average (%): 25.17
Weighted Average (%): 18.45
Duty Free Imports (US$ Thousand): 0
Duty Free Tariff Lines Share (%): 0

Development Indicators

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GDP (current US$ Mil): 59,117
GNI per capita, Atlas method (current US$): 350.00
Trade Balance (% of GDP): 8.55
Trade Balance (current US$ Mil): 5,053.00
Trade in services (% of GDP): 12.59
Trade (% of GDP): 63.38