Nigeria Exports  1981-2017 | Data | Chart | Calendar | Forecast | News

Exports from Nigeria jumped 56 percent from the previous year to NGN 994.3 billion in June 2017, mainly boosted by higher sales of crude oil (47 percent), other oil products (102.6 percent), manufactured goods (37.2 percent), raw material goods (447.8 percent) and agricultural goods (73.7 percent). Exports rose to Africa (70 percent); Europe (90.9 percent), mainly to Spain (113.9 percent), France (185 percent), Italy (187.1 percent) and the Netherlands (40.7 percent); and Asia (67.5 percent), mainly to India (23.6 percent) and China (558.2 percent). Exports in Nigeria averaged 383477.30 NGN Millions from 1981 until 2017, 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 150316.90 243556.25 2177553.08 -592200.72 NGN Millions [+]
Exports 994272.95 1119604.78 2648881.76 322.93 NGN Millions [+]
Imports 843956.05 876048.53 1554732.90 167.88 NGN Millions [+]
Current Account 2911.17 3327.37 10383.67 -5695.27 USD Million [+]
Current Account to GDP -1.80 -3.10 32.80 -18.70 percent [+]
Terms of Trade 100.03 101.70 160.25 49.48 Index Points [+]
Foreign Direct Investment 853.87 1269.22 3084.90 501.83 USD Million [+]
Capital Flows -1277.50 -5821.99 20302.97 -15439.95 USD Million [+]
Gold Reserves 21.37 21.37 21.37 21.37 Tonnes [+]
Crude Oil Production 1742.00 1562.00 2475.00 675.00 BBL/D/1K [+]
Terrorism Index 9.31 9.21 9.31 3.86 [+]
External Debt 15050.00 13807.59 15050.00 3627.50 USD Million [+]

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



Nigeria Exports Notes

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 September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
994272.95 1119604.78 2648881.76 322.93 1981 - 2017 NGN Millions Monthly