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

Imports in Nigeria dropped 13.9 percent year-on-year to NGN 697.2 billion in September of 2017, as purchases fell for manufactured goods (-4 percent); other crude oil products (-37 percent) and raw material (10 percent). The most important imports partners were: China (22.3 percent); the US (8 percent), Netherlands (7.6 percent), India (5 percent) and the UK (4.1 percent). Considering the third quarter of the year, imports declined 4.5 percent. Imports in Nigeria averaged 192800.09 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 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 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 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 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 December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
697285.71 842797.48 1554732.90 167.88 1981 - 2017 NGN Millions Monthly