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

Imports to Nigeria dropped 7.5 percent from the previous year to NGN 844.0 billion in June 2017, as purchases fell for other crude oil products (-14.8 percent) and manufactured goods (-23.3 percent). Imports shrank from Asia (-26.1 percent), mainly from Japan (-69.4 percent), China (-34.4 percent) and India (-6.3 percent); and Europe (-3.7 percent), mainly from the Netherlands (-46.6 percent), the UK (-32.2 percent) and Spain (-51 percent). Imports in Nigeria averaged 188758.45 NGN Millions from 1981 until 2017, 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 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 1414.21 2911.17 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 4341.73 -1277.50 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 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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
843956.05 876048.53 1554732.90 167.88 1981 - 2017 NGN Millions Monthly