Commodity | Reporter | Partner | Trade flow | Indicator | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
TOTAL. ALL COMMODITIES | Nigeria | World | Exports | Value (US$) | 59,215,233,334.00 | 53,963,110,729.00 | 81,820,518,366.00 | 49,937,459,606.00 | 86,567,912,529.00 | 125,641,031,180.00 | 143,151,182,808.00 | 90,554,484,841.00 | 102,878,499,711.00 | 48,433,351,369.65 | 32,883,045,467.00 | 44,466,366,757.11 |
Value Growth, YoY (%) | -8.86 | 51.62 | -38.96 | 73.35 | 45.13 | 13.93 | -36.74 | 13.60 | -52.92 | -32.10 | 35.22 | |||||
Imports | Value (US$) | 22,903,337,702.00 | 32,357,346,936.00 | 28,193,597,338.00 | 33,906,281,580.00 | 44,235,268,667.00 | 63,971,541,901.00 | 35,872,509,437.00 | 44,598,201,120.00 | 46,532,265,378.00 | 33,830,878,655.19 | 35,194,301,007.00 | 31,270,090,265.07 | |||
Value Growth, YoY (%) | 41.27 | -12.86 | 20.26 | 30.46 | 44.61 | -43.92 | 24.32 | 4.33 | -27.29 | 4.03 | -11.15 |
The value of merchandise exports from Nigeria totalled $ 44 billion in 2017. Merchandise exports from Nigeria increased by 35% compared to 2016. Goods exports grew up by $ 11.5 billion in 2017 (the value of merchandise exports from Nigeria amounted to $32 billion in 2016)
Top export destinations of commodities from Nigeria in 2017:
Nigeria's Top Exports in 2017:
The value of merchandise imports to Nigeria totalled $ 31 billion in 2017. Overall commodity imports to Nigeria decreased by 11.1% compared to 2016. Merchandise imports decreased by $ 3.92 billion (the value of merchandise imports to Nigeria was equal to $35 billion in 2016)
Top trading partners (import sources) of Nigeria in 2017:
Nigeria's Top Imports in 2017: