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Nigeria

  • Currency: Nigerian Naira(NGN)

    Capital: Abuja

  • Exchange Rate

    0.18

  • 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%