Nigeria Trade Summary

2019 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): 53,618
No. Of products: 434
No. Of partners: 111
Importsmore »
Imports (in US$ Mil): 47,369
No. Of products: 4,048
No. Of partners: 199

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...41,039,870.94
Natural gas, liquefi ...4,980,112.62
Vessels and other fl ...2,256,025.76
Tubing, flexible, wi ...2,096,106.18
Floating or submersi ...549,691.03
Imports (US$ Thousands)
Petroleum oils, etc, ...7,060,767.11
Electro-diagnostic a ...2,384,513.15
Automobiles with die ...1,681,368.11
Laboratory,hygienic ...1,444,305.56
Motorcycles with rec ...1,336,824.13

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
India8,263 15.41
Spain5,319 9.92
Netherlands4,868 9.08
Ghana4,003 7.47
France3,550 6.62
Exporter Trade (US$ Mil) Partner share(%)
China12,060 25.46
India5,703 12.04
United States4,678 9.88
Netherlands3,493 7.37
Belgium2,376 5.02

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials41,833 78.02 2,556 5.40 ...
Intermediate goods4,989 9.30 8,586 18.12 ...
Consumer goods5,775 10.77 17,473 36.89 ...
Capital goods1,012 1.89 18,753 39.59 ...

Trade Indicators

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HH Market concentration index: 0.07
Index of export market penetration: 3.20
World Growth: -1.13
Country Growth: -5.86

Tariffs

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No Of Tariff Agreement: ...
Maximum Rate (%): ...
Simple Average (%): ...
Weighted Average (%): ...
Duty Free Imports (US$ Thousand): ...
Duty Free Tariff Lines Share (%): ...

Development Indicators

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GDP (current US$): 448,120
GNI per capita, Atlas method (current US$): 2,030.00
Trade Balance (% of GDP): -5.58
Trade Balance (current US$ Mil): -25,014.00
Trade in services (% of GDP): 9.74
Trade (% of GDP): 34.02