Nigeria Trade Summary

2009 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): 49,937
No. Of products: 808
No. Of partners: 138
Importsmore »
Imports (in US$ Mil): 33,906
No. Of products: 3,425
No. Of partners: 171

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...42,212,038.17
Natural gas, liquefi ...2,377,970.50
Cocoa beans, whole o ...1,250,868.14
Goat or kid skin lea ...417,063.45
Butanes, liquefied335,530.51
Imports (US$ Thousands)
Spelt, common wheat ...1,059,775.26
Automobiles with rec ...784,089.54
Buses with a seating ...686,104.84
Automobiles with rec ...561,157.60
Diesel powered buses ...536,746.30

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States13,618 27.27
India4,769 9.55
Brazil3,987 7.98
Equatorial Guinea3,361 6.73
France2,714 5.43
Exporter Trade (US$ Mil) Partner share(%)
China6,000 17.69
Albania2,537 7.48
United States2,042 6.02
France1,962 5.79
Belgium1,628 4.80

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials44,551 89.21 2,174 6.41 6.88
Intermediate goods1,423 2.85 8,412 24.81 9.19
Consumer goods3,443 6.89 10,486 30.93 15.56
Capital goods430 0.86 12,561 37.05 5.96

Trade Indicators

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HH Market concentration index: 0.16
Index of export market penetration: 2.73
World Growth: -12.27
Country Growth: -22.85

Tariffs

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No Of Tariff Agreement: 1
Maximum Rate (%): 35
Simple Average (%): 9.94
Weighted Average (%): 9.83
Duty Free Imports (US$ Thousand): 4,779,925.14
Duty Free Tariff Lines Share (%): 14.36

Development Indicators

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GDP (current US$): 169,481
GNI per capita, Atlas method (current US$): 1,160.00
Trade Balance (% of GDP): -0.27
Trade Balance (current US$ Mil): -450.00
Trade in services (% of GDP): 12.34
Trade (% of GDP): 61.80