Nigeria Trade Summary

2011 Data

Nigeria exports, imports, tariff by year.
Nigeria monthly trade data
Nigeria quarterly trade data

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): 125,641
No. Of products: 1,510
No. Of partners: 135
Importsmore »
Imports (in US$ Mil): 63,972
No. Of products: 3,696
No. Of partners: 160

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...90,118,895.36
Petroleum oils, etc, ...15,176,217.63
Technically specifie ...7,406,363.72
Natural gas, liquefi ...5,908,293.65
Cocoa beans, whole o ...958,769.54
Imports (US$ Thousands)
Petroleum oils, etc, ...5,815,249.69
Stuffed pasta3,744,991.43
Spelt, common wheat ...3,417,758.93
Cocoa beans, whole o ...1,622,527.11
Semi-milled or wholl ...1,552,148.66

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States28,328 22.55
India12,790 10.18
Brazil10,558 8.40
United Kingdom7,809 6.22
Spain7,413 5.90
Exporter Trade (US$ Mil) Partner share(%)
United States11,517 18.00
China9,448 14.77
Antigua and Barbuda4,538 7.09
Brazil3,550 5.55
Germany3,013 4.71

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials99,518 79.21 9,822 15.35 6.13
Intermediate goods1,963 1.56 13,818 21.60 8.45
Consumer goods22,837 18.18 24,212 37.85 14.69
Capital goods1,219 0.97 16,107 25.18 7.23

Trade Indicators

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HH Market concentration index: 0.13
Index of export market penetration: 2.79
World Growth: 9.30
Country Growth: 17.13

Tariffs

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No Of Tariff Agreement: 1
Maximum Rate (%): 35
Simple Average (%): 11.16
Weighted Average (%): 10.15
Duty Free Imports (US$ Thousand): 1,063,003.94
Duty Free Tariff Lines Share (%): 2.76

Development Indicators

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GDP (current US$): 411,744
GNI per capita, Atlas method (current US$): 1,730.00
Trade Balance (% of GDP): 9.87
Trade Balance (current US$ Mil): 40,621.00
Trade in services (% of GDP): 6.79
Trade (% of GDP): 52.79