Nigeria trade statistics


Exports, Imports, Products, Tariffs, GDP and related Development Indicator.


Country ISO3 : NGA Country Code : 566 Income Group : Lower middle income Lending Category : Blend Region : Sub-Saharan Africa Currency Unit : Nigerian naira WTO Member : Yes

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Product Exports and Imports

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Nigeria had a total export of 47,231,712.93 in thousands of US$ and total imports of 52,068,286.98 in thousands of US$ leading to a negative trade balance of -4,836,574.05 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Nigeria is 12.20% and the Most Favored Nation (MFN) Weighted Average tariff is 12.26%.The trade growth is 17.14% compared to a world growth of 12.59%. GDP of Nigeria is 440,833,583,992.49 in current US$. Nigeria services export is 3,996,164,555.63 in BoP, current US$ and services import is 16,056,904,042.06 in Bop, current US$.Nigeria exports of goods and services as percentage of GDP is 10.74% and imports of goods and services as percentage of GDP is 11.84%.

Nigeria Country Growth v/s World Growth v/s GDP Growth
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