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

Imports in Nigeria fell 16 percent year-on-year to NGN 637.4 billion in December of 2017, as purchases dropped for other crude oil products (-58 percent); agricultural goods (-8 percent) and solid mineral (-22 percent). Main import partners were: China (22 percent), Belgium (9 percent), the US (9 percent), India (6 percent) and Netherlands (5.9 percent). Imports in Nigeria averaged 196784.42 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 761029.15 566543.42 2177553.08 -592200.72 NGN Millions [+]
Exports 1398471.26 1334387.56 2648881.76 322.93 NGN Millions [+]
Imports 637442.11 767844.14 1554732.90 167.88 NGN Millions [+]
Current Account 3656.15 2292.79 10383.67 -5695.27 USD Million [+]
Current Account to GDP -1.80 -3.10 32.80 -18.70 percent [+]
Terms of Trade 110.30 104.66 160.25 49.48 Index Points [+]
Foreign Direct Investment 798.35 891.25 3084.90 501.83 USD Million [+]
Capital Flows -3858.67 3106.73 20302.97 -15439.95 USD Million [+]
Gold Reserves 21.40 21.37 21.40 21.37 Tonnes [+]
Crude Oil Production 1686.00 1635.00 2475.00 675.00 BBL/D/1K [+]
External Debt 18913.44 15352.13 18913.44 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 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 April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
637442.11 767844.14 1554732.90 167.88 1981 - 2017 NGN Millions Monthly




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