Commodity | Reporter | Partner | Trade flow | Indicator | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
TOTAL. ALL COMMODITIES | Nigeria | World | Exports | Value (US$) | 53,963,110,729.00 | 81,820,518,366.00 | 49,937,459,606.00 | 86,567,912,529.00 | 125,641,031,180.00 | 143,151,182,808.00 | 90,554,484,841.00 | 102,878,499,711.00 | 48,433,351,369.65 | 32,883,045,467.00 | 44,466,366,757.11 | 62,399,742,736.87 |
Value Growth, YoY (%) | -8.86 | 51.62 | -38.96 | 73.35 | 45.13 | 13.93 | -36.74 | 13.60 | -52.92 | -32.10 | 35.22 | 40.33 | ||||
Imports | Value (US$) | 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 | 43,011,523,214.81 | |||
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 | 37.54 |
The value of merchandise exports from Nigeria totalled $ 62 billion in 2018. Merchandise exports from Nigeria increased by 40% compared to 2017. Goods exports grew up by $ 17.9 billion in 2018 (the value of merchandise exports from Nigeria amounted to $44 billion in 2017)
Top export destinations of commodities from Nigeria in 2018:
Nigeria's Top Exports in 2018:
The value of merchandise imports to Nigeria totalled $ 43 billion in 2018. Merchandise imports to Nigeria increased by 37% compared to 2017. Goods imports grew up by $ 11.7 billion in 2018 (the value of merchandise imports to Nigeria was equal to $31 billion in 2017)
Top trading partners (import sources) of Nigeria in 2018:
Nigeria's Top Imports in 2018: