Nigeria Exports  1981-2018 | Data | Chart | Calendar | Forecast | News

Exports from Nigeria jumped 69 percent year-on-year to NGN 1287.2 billion in September of 2017, mainly boosted by higher sales of crude oil (69.4 percent); other oil products (53.8 percent), manufactured goods (23.4 percent), raw material (617 percent) and agricultural (160 percent). Main export partners were: India (17.4 percent), the US (13.9 percent), Spain (10 percent) and Netherlands (6.8 percent). Considering the third quarter of the year, exports increased 53.9 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 589958.89 329216.72 2177553.08 -592200.72 NGN Millions [+]
Exports 1287244.60 1172014.20 2648881.76 322.93 NGN Millions [+]
Imports 697285.71 842797.48 1554732.90 167.88 NGN Millions [+]
Current Account 2292.79 1414.21 10383.67 -5695.27 USD Million [+]
Current Account to GDP -1.80 -3.10 32.80 -18.70 percent [+]
Terms of Trade 101.69 104.87 160.25 49.48 Index Points [+]
Foreign Direct Investment 891.25 853.87 3084.90 501.83 USD Million [+]
Capital Flows 3106.73 4341.73 20302.97 -15439.95 USD Million [+]
Gold Reserves 21.37 21.37 21.37 21.37 Tonnes [+]
Crude Oil Production 1751.00 1600.00 2475.00 675.00 BBL/D/1K [+]
External Debt 15352.13 15050.00 15352.13 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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1287244.60 1172014.20 2648881.76 322.93 1981 - 2017 NGN Millions Monthly




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