Nigeria Trade Summary

2013 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): 90,554
No. Of products: 1,228
No. Of partners: 148
Importsmore »
Imports (in US$ Mil): 44,598
No. Of products: 3,890
No. Of partners: 188

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...74,953,784.34
Petroleum oils, etc, ...2,426,067.63
Technically specifie ...2,422,029.21
Natural gas, liquefi ...1,847,473.16
Cocoa beans, whole o ...1,542,736.35
Imports (US$ Thousands)
Petroleum oils, etc, ...8,598,589.46
Cigarettes containin ...1,340,572.81
Spelt, common wheat ...1,246,361.16
Technically specifie ...978,597.02
Raw cane sugar, in s ...849,192.28

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
India11,453 12.65
Netherlands9,520 10.51
Brazil8,576 9.47
United States7,670 8.47
Spain6,326 6.99
Exporter Trade (US$ Mil) Partner share(%)
China9,679 21.70
United States3,900 8.74
Unspecified2,466 5.53
Netherlands2,418 5.42
United Kingdom2,338 5.24

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials80,946 89.39 4,125 9.25 7.58
Intermediate goods2,753 3.04 11,834 26.54 8.40
Consumer goods6,000 6.63 17,285 38.76 14.87
Capital goods761 0.84 11,338 25.42 7.47

Trade Indicators

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HH Market concentration index: 0.06
Index of export market penetration: 2.96
World Growth: 1.01
Country Growth: -4.28

Tariffs

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No Of Tariff Agreement: 1
Maximum Rate (%): 35
Simple Average (%): 11.35
Weighted Average (%): 10.07
Duty Free Imports (US$ Thousand): 1,040,173.88
Duty Free Tariff Lines Share (%): 3.32

Development Indicators

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GDP (current US$): 514,966
GNI per capita, Atlas method (current US$): 2,700.00
Trade Balance (% of GDP): 5.05
Trade Balance (current US$ Mil): 26,011.00
Trade in services (% of GDP): 4.70
Trade (% of GDP): 31.05