Exports from Nigeria Exports rose 36.2 percent year-on-year to NGN 1754.6 billion in September of 2018 from NGN 1288.2 billion in the same month a year earlier, mainly driven by higher sales of crude oil (36.5 percent); manufactured goods (85.4 percent); raw material (36.7 percent); energy goods (42.3 percent) and solid mineral (47.9 percent). Main export partners were: India (15.8 percent of total exports), Spain (10.8 percent), France (10.3 percent), South Africa (6.9 percent) and Netherlands (5.7 percent). Exports in Nigeria averaged 403013.99 NGN Millions from 1981 until 2018, reaching an all time high of 2648881.76 NGN Millions in December of 2011 and a record low of 322.93 NGN Millions in February of 1983.

Nigeria Exports
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Nigeria Trade Last Previous Highest Lowest Unit
Balance of Trade 805238.49 -613101.70 2177553.08 -613101.70 NGN Millions [+]
Current Account 5735.86 3523.00 10383.67 -5695.27 USD Million [+]
Current Account to GDP 2.00 -1.80 32.80 -18.70 percent [+]
Imports 949338.42 2200339.49 2200339.49 167.88 NGN Millions [+]
Exports 1754576.91 1587237.78 2648881.76 322.93 NGN Millions [+]
Terms of Trade 109.20 111.10 160.25 49.48 Index Points [+]
Foreign Direct Investment 435.64 808.56 3084.90 435.64 USD Million [+]
Capital Flows 1792.62 909.16 20302.97 -15439.95 USD Million [+]
Gold Reserves 21.40 21.40 21.40 21.37 Tonnes [+]
Crude Oil Production 1938.00 1635.00 2475.00 675.00 BBL/D/1K [+]
External Debt 22083.44 22071.91 22083.44 3627.50 USD Million [+]
Terrorism Index 9.01 9.31 9.31 3.86 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Nigeria Exports

Exports of commodities (oil and natural gas) is the main factor behind Nigeria's growth and accounts for more than 91% of total exports. In 2014, 43% of total sales went to Europe; 29% to Asia; 13% to America and 12% to Africa. This page provides - Nigeria Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Exports - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1754576.91 1587237.78 2648881.76 322.93 1981 - 2018 NGN Millions Monthly




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