Loading..

Nigeria Trade Summary

2009

Nigeria exports, imports, tariff by year.

Country and 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 2009

Overall Exports and Imports for Nigeria 2009

Exports and imports of Nigeria in 2009 are below, along with number of countries and products

  • The total value of exports (FoB) was 49,937 million.
  • The total value of imports (CIF) was 33,906 million.
  • At the HS6 digit level, 808 products were exported to 138 countries and 3,425 products were imported from 171 countries.

Nigeria top 5 Export and Import partners 2009

Top five countries to which Nigeria exported in 2009 are below, along with the percent of total exports that went to that country:

  1. Nigeria exports to United States worth US$ 13,618 million, with a partner share of 27.27 percent.
  2. Nigeria exports to India worth US$ 4,769 million, with a partner share of 9.55 percent.
  3. Nigeria exports to Brazil worth US$ 3,987 million, with a partner share of 7.98 percent.
  4. Nigeria exports to Equatorial Guinea worth US$ 3,361 million, with a partner share of 6.73 percent.
  5. Nigeria exports to France worth US$ 2,714 million, with a partner share of 5.43 percent.

Top five countries from which Nigeria imported goods in 2009 are below, along with percent of total imports that came from the country :

  1. Nigeria imports from China worth US$ 6,000 million, with a partner share of 17.69 percent.
  2. Nigeria imports from Albania worth US$ 2,537 million, with a partner share of 7.48 percent.
  3. Nigeria imports from United States worth US$ 2,042 million, with a partner share of 6.02 percent.
  4. Nigeria imports from France worth US$ 1,962 million, with a partner share of 5.79 percent.
  5. Nigeria imports from Belgium worth US$ 1,628 million, with a partner share of 4.80 percent.

Nigeria Top 5 Productsexports imports at HS 6 digit level 2009

The top five exported HS 6 digit level products to world by Nigeria along with trade value are:

  1. Nigeria exported Petroleum oils and oils obtained from bituminou , worth US$ 42,212,038.17 million.
  2. Nigeria exported Natural gas, liquefied , worth US$ 2,377,970.50 million.
  3. Nigeria exported Cocoa beans, whole or broken, raw or roasted , worth US$ 1,250,868.14 million.
  4. Nigeria exported Goat or kid skin leather, prepared after tannin , worth US$ 417,063.45 million.
  5. Nigeria exported Butanes, liquefied , worth US$ 335,530.51 million.

The top five imported HS 6 digit level products from world by Nigeria along with trade value are

  1. Nigeria imported Spelt, common wheat and meslin , worth US$ 1,059,775.26 million.
  2. Nigeria imported Automobiles with reciprocating piston engine di , worth US$ 784,089.54 million.
  3. Nigeria imported Buses with a seating capacity of more than nine , worth US$ 686,104.84 million.
  4. Nigeria imported Automobiles with reciprocating piston engine di , worth US$ 561,157.60 million.
  5. Nigeria imported Diesel powered buses with a seating capacity of , worth US$ 536,746.30 million.

Exports and Imports of Product Groups 2009

Exports and imports of products by stages of processing in 2009 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2009

Tariffs imposed by Nigeria in 2009 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 9.94 percent.
  • The trade weighted average tariff was 9.83 .
  • The total duty free imports in thousands of US dollars were 4,779,925.14 and duty free tariff line items share was 14.36 percent.

Development Indicators 2009

Key Development Indicators of Nigeria in 2009 are below

  • Nigeria GDP in current US dollar was 295,009 million.
  • GNI per capita, Atlas method (current US$) was 2,030.00 .
  • Nigeria Trade balance: as % of GDP was 1.20.
  • Trade balance in current US$ was 3,546.00 million.
  • Trade as percentage of GDP was 36.06 .
  • Trade in services as percentage of GDP was 7.09 .

Trade Indicators 2009

Trade Indicators for Nigeria in 2009 are below

  • Hirschman Herfindahl market concentration index was 0.16.
  • Index of export market penetration was 2.76.
  • World Growth in percentage was -12.19 and Nigeria Country Growth was -22.85 .