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

Imports in Nigeria dropped 23.4 percent year-on-year to NGN 604.7 billion in March of 2018, dragged by lower purchases of other crude oil products (-63.6 percent); raw material (-0.6 percent); agricultural goods (-5.3 percent) and solid mineral (-25 percent). The most important import partners were: China (21.1 percent of total imports), Netherlands (12.1 percent), Belgium (11 percent), the US (6.5 percent) and India (6.3 percent). Imports in Nigeria averaged 201097.41 NGN Millions from 1981 until 2018, reaching an all time high of 1554732.90 NGN Millions in March of 2011 and a record low of 167.88 NGN Millions in May of 1984.

Nigeria Imports
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Nigeria Trade Last Previous Highest Lowest Unit
Balance of Trade 837066.25 880926.13 2177553.08 -592200.72 NGN Millions [+]
Exports 1441774.39 1745673.92 2648881.76 322.93 NGN Millions [+]
Imports 604708.14 864747.79 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 1573.00 1511.00 2475.00 675.00 BBL/D/1K [+]
External Debt 22071.91 18913.44 22071.91 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 Imports

Nigeria imports mainly: industrial supplies (27% of total in 2014), capital goods (23%), food and beverage (17%), fuel and lubricants (14%), transport equipment and parts (12%) and consumer goods (7%). 43% of total imports come from Asia; 34% from Europe; 15% from America and 7% from Africa. This page provides - Nigeria Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Imports - actual data, historical chart and calendar of releases - was last updated on August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
604708.14 864747.79 1554732.90 167.88 1981 - 2018 NGN Millions Monthly




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