Niger recorded a trade deficit of 270944 FCFA Million in the first quarter of 2020. source: Institut National de la Statistique du Niger

Balance of Trade in Niger averaged -161066.99 FCFA Million from 2009 until 2020, reaching an all time high of -23244.80 FCFA Million in the third quarter of 2013 and a record low of -429726 FCFA Million in the third quarter of 2015. This page provides - Niger Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Niger Balance of Trade - values, historical data and charts - was last updated on September of 2021.

Balance of Trade in Niger is expected to be -183428.00 FCFA Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Niger to stand at -190630.44 in 12 months time. In the long-term, the Niger Balance of Trade is projected to trend around -191428.00 FCFA Million in 2022 and -190630.00 FCFA Million in 2023, according to our econometric models.

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Niger Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-270944.00 -383996.00 -23244.80 -429726.00 2009 - 2020 FCFA Million Quarterly

Niger Trade Last Previous Highest Lowest Unit
Balance of Trade -270944.00 -383996.00 -23244.80 -429726.00 FCFA Million [+]
Current Account -1098.00 -921.30 25.50 -1098.00 FCFA Billion [+]
Current Account to GDP -12.00 -12.50 1.15 -22.70 percent of GDP [+]
Imports 355030.00 470589.00 519424.00 152052.00 FCFA Million [+]
Exports 84086.00 86593.00 180681.00 54178.90 FCFA Million [+]
Capital Flows -505.00 -162.00 763.80 -515.10 XOF Billion [+]
Crude Oil Production 8.00 8.00 20.00 5.00 BBL/D/1K [+]
Terms Of Trade 60.40 56.60 129.40 44.50 points [+]
Terrorism Index 5.62 5.60 6.68 0.00 [+]

Niger Balance of Trade
Niger is one of the most important uranium ore exporters in the world. The mining industry is responsible for 80 percent of exports. Non-existing industry makes the country dependent on the import of consumer and capital goods. Niger’s main trade partners are: France, China and its neighbouring countries of West Africa.