Nigeria Trade Summary

2018 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): 62,400
No. Of products: 491
No. Of partners: 116
Importsmore »
Imports (in US$ Mil): 43,012
No. Of products: 3,980
No. Of partners: 199

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...51,371,239.56
Natural gas, liquefi ...6,150,794.49
Tugs and pusher craf ...1,198,341.30
Petroleum gases and ...424,718.01
Cocoa beans, whole o ...302,055.99
Imports (US$ Thousands)
Petroleum oils, etc, ...12,489,419.32
Floating or submersi ...3,851,708.72
Durum wheat1,321,039.47
Automobiles with die ...826,888.02
Motorcycles with rec ...677,113.15

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
India9,907 15.88
Netherlands6,702 10.74
Spain6,319 10.13
France4,946 7.93
South Africa3,981 6.38
Exporter Trade (US$ Mil) Partner share(%)
China8,349 19.41
Netherlands4,906 11.41
Korea, Rep.4,658 10.83
Belgium3,635 8.45
United States3,160 7.35

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials52,394 83.96 2,624 6.10 ...
Intermediate goods1,280 2.05 8,479 19.71 ...
Consumer goods7,410 11.87 17,794 41.37 ...
Capital goods1,295 2.07 14,110 32.81 ...

Trade Indicators

more »
HH Market concentration index: 0.08
Index of export market penetration: 3.15
World Growth: 3.50
Country Growth: 15.49

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$): 397,270
GNI per capita, Atlas method (current US$): 1,960.00
Trade Balance (% of GDP): -2.01
Trade Balance (current US$ Mil): -8,000.00
Trade in services (% of GDP): 8.99
Trade (% of GDP): 33.00