Nigeria Trade Summary

2010 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): 86,568
No. Of products: 873
No. Of partners: 145
Importsmore »
Imports (in US$ Mil): 44,235
No. Of products: 3,479
No. Of partners: 161

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...60,904,645.73
Petroleum oils, etc, ...9,804,982.37
Natural gas, liquefi ...2,831,460.74
Goat or kid skin lea ...2,356,892.20
Butanes, liquefied1,593,532.73
Imports (US$ Thousands)
Automobiles with rec ...2,353,516.04
Diesel powered truck ...840,453.35
Spelt, common wheat ...795,319.51
Buses with a seating ...721,771.48
Diesel powered truck ...690,678.35

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States29,756 34.37
India9,068 10.48
Brazil6,042 6.98
Netherlands3,937 4.55
France3,506 4.05
Exporter Trade (US$ Mil) Partner share(%)
United States7,937 17.94
China7,324 16.56
France2,588 5.85
Antigua and Barbuda2,480 5.61
India2,377 5.37

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials64,843 74.90 2,131 4.82 7.15
Intermediate goods4,707 5.44 10,827 24.48 9.30
Consumer goods15,694 18.13 14,559 32.91 15.33
Capital goods1,212 1.40 16,705 37.77 7.74

Trade Indicators

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HH Market concentration index: 0.18
Index of export market penetration: 2.74
World Growth: 10.44
Country Growth: 22.94

Tariffs

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No Of Tariff Agreement: 4
Maximum Rate (%): 35
Simple Average (%): 11.06
Weighted Average (%): 10.70
Duty Free Imports (US$ Thousand): 1,230,016.70
Duty Free Tariff Lines Share (%): 2.79

Development Indicators

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GDP (current US$ Mil): 369,062
GNI per capita, Atlas method (current US$): 1,470.00
Trade Balance (% of GDP): 7.88
Trade Balance (current US$ Mil): 29,070.00
Trade in services (% of GDP): 6.61
Trade (% of GDP): 42.65