Nigeria Trade Summary

2002 Data

Nigeria exports, imports, tariff by year.

Country / Region
Year
For at a glance i.e. latest available trade, tariff, trade barriers and other trade related data Click Here.
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: 236
No. Of partners: 54
Importsmore »
Imports (in US$ Mil): 8,758
No. Of products: 3,793
No. Of partners: 181

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...16,598,258.16
Natural gas, liquefi ...621,956.28
Dredgers494,410.43
Other residues of pe ...232,911.04
Textured yarn of pol ...132,355.64
Imports (US$ Thousands)
Spelt, common wheat ...346,580.96
Floating or submersi ...258,538.30
Portland cement (exc ...253,908.00
Semi-milled or wholl ...233,990.51
Buoys, beacons, coff ...171,321.98

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

more »
HH Market concentration index: 0.16
Index of export market penetration: 2.49
World Growth: 3.38
Country Growth: -8.99

Tariffs

more »
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

more »
GDP (current US$): 95,054
GNI per capita, Atlas method (current US$): 630.00
Trade Balance (% of GDP): 6.44
Trade Balance (current US$ Mil): 6,126.00
Trade in services (% of GDP): 7.83
Trade (% of GDP): 40.04