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Nigeria · Trade
Exports, imports, balances, openness and composition.
21 indicators · 21 with data
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Nigeria's merchandise exports (current us$) rose from US$16.2B in 1996 to US$55.5B in 2025.
Nigeria's merchandise imports (current us$) rose from US$6.44B in 1996 to US$41.5B in 2025.
Nigeria's services exports rose from US$230M in 1996 to US$5.06B in 2025.
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Nigeria's current account balance (us$) rose from US$1.1B in 1996 to US$14B in 2025.
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- Exports of goods and services (% of GDP)46th of 57*
- Imports of goods and services (% of GDP)34th of 58*
- Trade openness40th of 57*
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- Current accountdown −2.7 pts15th of 101
- FDI inflowsup +0.7 pts58th of 97
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- High-tech exportsdown −0.8 pts100th of 125
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- Fuel exports (% of merchandise exports)down −3.0 pts4th of 127
- Food exports (% of merchandise exports)up +2.2 pts108th of 131
- Manufactures exports (% of merchandise exports)up +0.7 pts123rd of 131
- Ores and metals exports (% of merchandise exports)up +0.0 pts106th of 130
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- Net barter terms of trade indexdown −0.3 pts29th of 203
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- Tariffsdown −2.9 pts28th of 143
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- FDI outflowsup +0.2 pts56th of 91
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- Logistics performance index, overallup +2.8 %87th of 138