Nigeria Trade

Latest trade data available from various sources.

Please note: The data from various sources are not from the same year.
Nigeria monthly trade data
Nigeria quarterly trade data

Country / Region
For viewing trade, tariff data for country or region by year click here.
Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.



Overall Exports and Imports

Exports (in US$ Mil) 47,232
No. Of products 608
No. Of partners 136
Imports (in US$ Mil) 52,068
No. Of products 4,013
No. Of partners 201

Trade Indicator

HH Market concentration index0.07
Index of export market penetration3.70
World Growth12.59
Country Growth17.14

Service Indicators 2021

Service imports (BoP, current US$)16,056,904,042.06
Service exports (BoP, current US$)3,996,164,555.63
Imports of goods and services (% of GDP)11.84
Exports of goods and services (% of GDP)10.74

Nigeria top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
India7,734 16.37
Spain5,576 11.81
France2,974 6.30
Netherlands2,836 6.00
Canada2,143 4.54
Exporter Trade (US$ Mil) Partner share(%)
China12,879 24.73
Netherlands5,351 10.28
India4,599 8.83
Belgium3,782 7.26
United States3,179 6.10

Nigeria Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials37,394 79.17 3,965 7.62 8.42
Intermediate goods2,171 4.60 11,855 22.77 11.65
Consumer goods6,116 12.95 23,559 45.25 15.85
Capital goods1,513 3.20 12,690 24.37 8.69

Top 5 Products exports imports at HS 6 digit level

Petroleum oils and o ...35,998,144.40
Natural gas, liquefi ...4,934,453.94
Floating or submersi ...1,170,082.49
Petroleum gases and ...594,871.47
Petroleum oils, etc, ...15,730,602.17
Durum wheat2,689,681.47
Automobiles with die ...925,189.16
Other medicaments of ...922,432.74
Raw cane sugar, in s ...894,772.08

Tariff and Trade Barriers for Nigeria

Tariffs 2021

No. Of Tariff Agreement 2
Simple Average (%) 12.70
Duty Free Imports (US$ Thousand) 2,017,260.62
Maximum Rate (%) 35
Weighted Average (%) 12.20
Duty Free Tariff Lines Share (%) 3.03

Overall Trade Restrictiveness Index (OTRI) 2009

Overall Trade Restrictiveness Index - MFN Tariff (2009)0.32
Overall Trade Restrictiveness Index - Applied Tariff (2009)0.32

Services Service Policy Restrictive Database (SPRD)

Services Trade Restrictions Index - Over All27.10

Non-Tariff Measures (NTM) 2013

No Of NTM Measures (2013)28
No Of NTM Affected Products (HS 6 Digit) (2013)4,329

Temporary Trade Barriers Database (TTDB)

Temporary Trade Barriers in Effect - Simple Average...
Temporary Trade Barriers in Effect - Weighted Average...

World Development Indicators (WDI)

2021 WDI »
GDP (current US$ Mil)440,834
GNI per capita, Atlas method (current US$)2,120.00
Trade Balance (current US$ Mil)-4,848.00
Trade Balance (% of GDP)-1.10

Doing Business

2019 Doing Business »
Ease of Doing Business Rank131
Trading Across Borders Rank179

Country Policy and Institutional Assessment (CPIA)

2018 CPIA »
CPIA Trade Ratings3.50

Logistics Performance Index (LPI)

2016 LPI »
LPI Score2.63
LPI Rank90