Terms of Trade in Nigeria increased to 102.28 points in December from 102.21 points in November of 2025. Terms of Trade in Nigeria averaged 99.79 points from 2000 until 2025, reaching an all time high of 160.25 points in March of 2010 and a record low of 49.48 points in April of 2006. source: National Bureau of Statistics, Nigeria

Terms of Trade in Nigeria is expected to be 103.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Terms of Trade is projected to trend around 104.00 points in 2027, according to our econometric models.



Related Last Previous Unit Reference
Balance of Trade 4142168.61 1431197.47 NGN Million Mar 2026
Exports 8879063.63 5940717.25 NGN Million Mar 2026
Imports 4736895.02 4509519.77 NGN Million Mar 2026
Non Oil Exports 4041786.72 2974809.81 NGN Million Mar 2026
Oil Exports 4837276.91 2965907.44 NGN Million Mar 2026
Terms of Trade 102.28 102.21 points Dec 2025


Nigeria Terms of Trade
In Nigeria, Terms of Trade (ToT) correspond to the ratio of Price of exportable goods to the Price of importable goods.
Actual Previous Highest Lowest Dates Unit Frequency
102.28 102.21 160.25 49.48 2000 - 2025 points Monthly
2018M1=100