Export unit values, US dollar in Nigeria
Nigeria: Export unit values, US dollar was 0.6623 in 2014. βΌ Falling
Export unit values, US dollar in Nigeria, 1963β2014
Source: International Monetary Fund.
Analysis
In 2014, export unit values, us dollar in Nigeria stood at 0.6623.
The figure is down 7.8% on the previous year and down 12.5% over ten years.
Over the whole period, export unit values, us dollar in Nigeria peaked at 1.05 in 1979 and was at its lowest, 0.6104, in 1993.
That places Nigeria 109th out of 166 countries with data for 2014, putting it in the middle of the range.
The long-run direction has been consistently falling across the 52 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.8309 | 0.7826 | 0.8885 | 7 |
| 1970s | 0.9663 | 0.8749 | 1.05 | 10 |
| 1980s | 0.9639 | 0.8154 | 1.03 | 10 |
| 1990s | 0.7068 | 0.6104 | 0.8278 | 10 |
| 2000s | 0.7705 | 0.6535 | 0.9586 | 10 |
| 2010s | 0.7708 | 0.6623 | 0.9024 | 5 |
Countries ranked near Nigeria
- 106 Sierra Leone 0.6695 compare
- 107 Azerbaijan 0.6678 compare
- 108 Mozambique 0.6671 compare
- 110 Croatia 0.6614 compare
- 111 Paraguay 0.6611 compare
- 112 Norway 0.6611 compare
More trade data for Nigeria
- Commodity Net Export Price Index, Individual Commodities Weighted by 66.76 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 93.8 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 93.58 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 63.43 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 99.77 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 85.81 (2025)
- Imports of low carbon technology products, Percent of GDP 0.5627 (2024)
- Exports of low carbon technology products, US dollar 42.54 million (2024)
- Imports of low carbon technology products, US dollar 1.42 billion (2024)
- Trade balance in low carbon technology products, US dollar -1.38 billion (2024)
Frequently asked questions
- What is export unit values, us dollar in Nigeria?
- Export unit values, us dollar in Nigeria was 0.6623 in 2014, according to International Monetary Fund.
- What is the highest export unit values, us dollar recorded in Nigeria?
- The highest recorded value was 1.05 in 1979.
- What is the lowest export unit values, us dollar recorded in Nigeria?
- The lowest recorded value was 0.6104 in 1993.
- How does Nigeria rank for export unit values, us dollar?
- Nigeria ranks 109th out of 166 countries with data for 2014.
- Is export unit values, us dollar rising or falling in Nigeria?
- Over the last ten years it is down 12.5%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Export unit values, US dollar (ACM1. Agricultural products). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 52 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
This dataset provides export quality indicators for over 800 products across 166 countries from 1963 to 2014, resulting in over 1.7 million observations. Higher index values indicate higher quality, and the index is normalized with a value of 1 representing the 90th percentile of export quality among all exporters (the world frontier). Data can be aggregated at various levels, including by product according to the Standard International Trade Classification (SITC) up to the 4-digit level, by Broad Economic Categories (BEC) up to the 3-digit level, and by aggregate sectors such as Agriculture, Commodities, and Manufactures.