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

Popular Indicators - Most Recent Values

Nigeria had a total export of 34,900,471.09 in thousands of US$ and total imports of 55,455,401.89 in thousands of US$ leading to a negative trade balance of -20,554,930.80 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Nigeria is 12.37% and the Most Favored Nation (MFN) Weighted Average tariff is 12.38%.The trade growth is -19.12% compared to a world growth of -3.91%. GDP of Nigeria is 432,293,776,262.40 in current US$. Nigeria services export is 3,993,012,590.25 in BoP, current US$ and services import is 19,832,514,705.25 in Bop, current US$.Nigeria exports of goods and services as percentage of GDP is 8.83% and imports of goods and services as percentage of GDP is 16.57%.

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