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

Exports from Nigeria jumped 48.9 percent year-on-year to NGN 1482.2 billion in June of 2018 from NGN 995.3 billion in the same month a year earlier, boosted by higher sales of crude oil (59.8 percent); agricultural goods (86.3 percent); solid mineral (236.5 percent); manufactured goods (10.7 percent); raw material (8.5 percent) and energy (14 percent). The most important export partners were: India (16.2 percent of total exports), Netherlands (10.3 percent), Spain (9.6 percent), South Africa (8.1 percent) and the US (6.9 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 887641.12 768264.59 2177553.08 -592200.72 NGN Millions [+]
Exports 1482223.15 1556488.15 2648881.76 322.93 NGN Millions [+]
Imports 594582.03 788223.56 1554732.90 167.88 NGN Millions [+]
Current Account 4468.61 3656.15 10383.67 -5695.27 USD Million [+]
Current Account to GDP 2.00 -1.80 32.80 -18.70 percent [+]
Terms of Trade 110.30 104.66 160.25 49.48 Index Points [+]
Foreign Direct Investment 808.56 959.52 3084.90 501.83 USD Million [+]
Capital Flows -10292.68 -3858.67 20302.97 -15439.95 USD Million [+]
Gold Reserves 21.40 21.40 21.40 21.37 Tonnes [+]
Crude Oil Production 1713.00 1530.00 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 September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1482223.15 1556488.15 2648881.76 322.93 1981 - 2018 NGN Millions Monthly




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