Terms of Trade in Nigeria increased to 101.37 points in March from 101.15 points in February of 2025. Terms of Trade in Nigeria averaged 99.72 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 2026, according to our econometric models.



Related Last Previous Unit Reference
Balance of Trade 2296667.51 1866343.76 NGN Million Sep 2025
Exports 6859839.59 7091647.79 NGN Million Sep 2025
Imports 4563172.08 5225304.03 NGN Million Sep 2025
Non Oil Exports 2911985.19 3182361.55 NGN Million Sep 2025
Oil Exports 3947854.40 3909286.24 NGN Million Sep 2025
Terms of Trade 101.37 101.15 points Mar 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
101.37 101.15 160.25 49.48 2000 - 2025 points Monthly
2018M1=100