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Currency: Nigerian Naira(NGN)
Capital: Abuja
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Exchange Rate
0.18
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FDI
-
Total merchandise trade ( million of US$ ) |
2005 | 2010 | 2015 | 2020 |
---|---|---|---|---|
merchandise Export | 50 467 | (e) 84 000 | 50 216 | 34 545 |
merchandise trade balance | 29 713 | (e) 39 765 | (e) 5 516 | -22 068 |
99.98%
Doughnut Consumed
Export structure by product group in 2019
(as% of total export)
- Raw materials
- Intermediate goods
- Consumer goods
- Capital goods
Overall Exports
53,618
Exports (in US$ Mil):
434
No. Of products:
111
No. Of partners:
Nigeria's Top 5 Export Partners
India
15.41%
Spain
9.92%
Netherlands
9.08%
Ghana
7.47%
France
6.62%
Total merchandise trade ( million of US$ ) |
2005 | 2010 | 2015 | 2020 |
---|---|---|---|---|
merchandise Import | 20 754 | 44 235 | (e) 44 700 | 56 613 |
merchandise trade balance | 29 713 | (e) 39 765 | (e) 5 516 | -22 068 |
0.00%
Doughnut Consumed
Import structure by product group in 2019
(as% of total import)
- Raw materials
- Intermediate goods
- Consumer goods
- Capital goods
Overall Imports
47,369
Imports (in US$ Mil):
4,048
No. Of products:
199
No. Of partners:
Nigeria's' Top 5 Import Partners
China
25.46%
India
12.04%
United States
9.88%
Netherlands
7.37%
Belgium
5.02%