Nigeria Trade Summary

2007 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): 53,963
No. Of products: 813
No. Of partners: 124
Importsmore »
Imports (in US$ Mil): 32,357
No. Of products: 3,387
No. Of partners: 196

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...50,149,245.69
Cocoa beans, whole o ...377,324.62
Natural gas, liquefi ...339,655.28
Printed books, broch ...250,501.17
Technically specifie ...170,953.46
Imports (US$ Thousands)
Spelt, common wheat ...1,827,604.05
Motorcycles with rec ...1,563,732.48
Textile fabrics...,c ...629,899.06
Frozen fish, nes611,932.89
Milk and cream in so ...520,328.96

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States25,157 46.62
Belgium4,511 8.36
India4,399 8.15
Brazil3,460 6.41
Unspecified2,724 5.05
Exporter Trade (US$ Mil) Partner share(%)
China4,911 15.18
United States4,893 15.12
Belgium3,961 12.24
United Kingdom1,715 5.30
Germany1,578 4.88

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials51,204 94.89 3,587 11.08 ...
Intermediate goods808 1.50 12,820 39.62 ...
Consumer goods1,007 1.87 5,827 18.01 ...
Capital goods241 0.45 10,114 31.26 ...

Trade Indicators

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HH Market concentration index: 0.26
Index of export market penetration: 2.75
World Growth: 7.24
Country Growth: 5.95

Tariffs

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No Of Tariff Agreement: ...
Maximum Rate (%): ...
Simple Average (%): ...
Weighted Average (%): ...
Duty Free Imports (US$ Thousand): ...
Duty Free Tariff Lines Share (%): ...

Development Indicators

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GDP (current US$ Mil): 166,451
GNI per capita, Atlas method (current US$): 980.00
Trade Balance (% of GDP): 2.99
Trade Balance (current US$ Mil): 4,984.00
Trade in services (% of GDP): 11.89
Trade (% of GDP): 64.46