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

Imports to Nigeria increased 49.5 percent year-on-year to NGN 758772.7 in December of 2016. Considering the fourth quarter of 2016, imports rose 46.4 percent to NGN 2307.6 billion. Main import partners were China (17.5 percent), Belgium (15.4 percent), Netherlands (10 percent) and the US (8.9 percent). Imports in Nigeria averaged 180079.15 NGN Millions from 1981 until 2016, 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 227044.30 348299.50 2177553.08 -592200.72 NGN Millions [+]
Exports 985816.90 1062854.30 2648881.76 322.93 NGN Millions [+]
Imports 758772.70 714554.80 1554732.90 167.88 NGN Millions [+]
Current Account 3248.86 -48.89 9455.37 -5695.27 USD Million [+]
Current Account to GDP -3.80 0.20 32.80 -18.70 percent [+]
Terms of Trade 100.23 102.71 160.25 49.48 Index Points [+]
Foreign Direct Investment 1269.22 1386.21 3084.90 501.83 USD Million [+]
Capital Flows -5821.99 5330.35 20302.97 -15439.95 USD Million [+]
Gold Reserves 21.37 21.37 21.37 21.37 Tonnes [+]
Crude Oil Production 1484.00 1210.00 2475.00 675.00 BBL/D/1K [+]
Terrorism Index 9.31 9.21 9.31 3.86 [+]
External Debt 11406.28 11261.89 11406.28 3627.50 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Nigeria Imports Notes

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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
758772.70 714554.80 1554732.90 167.88 1981 - 2016 NGN Millions Monthly