Exports of commodity 1 (constant US$) in Nigeria
Nigeria: Exports of commodity 1 (constant US$) was 10.92 billion constant US$ in 2001. ▲ Rising
Latest (2001)
10.92 billion constant US$
Change on year
down 3.5%
World rank
1st
of 44 countries
All-time high
13.83 billion constant US$
in 1974
All-time low
904.94 million constant US$
in 1968
Years of data
37
1965–2001
Exports of commodity 1 in Nigeria, 1965–2001
Source: World Bank country economists. Measured in constant US$.
Analysis
The most recent figure for exports of commodity 1 in Nigeria is 10.92 billion constant US$, measured in 2001.
The figure is down 3.5% on the previous year and up 10.7% over ten years.
Over the whole period, exports of commodity 1 in Nigeria peaked at 13.83 billion constant US$ in 1974 and was at its lowest, 904.94 million constant US$, in 1968.
That places Nigeria 1st out of 44 countries with data for 2001, putting it in the top 10%.
The long-run direction has been consistently rising across the 37 years of available data.
Exports of commodity 1 (constant US$) in Nigeria, year by year
| Year | constant US$ | Change |
|---|---|---|
| 1965 | 1.71 billion constant US$ | — |
| 1966 | 2.49 billion constant US$ | +45.5% |
| 1967 | 1.94 billion constant US$ | -22.0% |
| 1968 | 904.94 million constant US$ | -53.4% |
| 1969 | 3.53 billion constant US$ | +289.9% |
| 1970 | 6.68 billion constant US$ | +89.4% |
| 1971 | 9.47 billion constant US$ | +41.6% |
| 1972 | 11.18 billion constant US$ | +18.1% |
| 1973 | 12.52 billion constant US$ | +12.0% |
| 1974 | 13.83 billion constant US$ | +10.4% |
| 1975 | 10.82 billion constant US$ | -21.7% |
| 1976 | 12.64 billion constant US$ | +16.8% |
| 1977 | 12.73 billion constant US$ | +0.7% |
| 1978 | 10.38 billion constant US$ | -18.5% |
| 1979 | 13.80 billion constant US$ | +32.9% |
| 1980 | 12.03 billion constant US$ | -12.8% |
| 1981 | 7.70 billion constant US$ | -36.0% |
| 1982 | 6.29 billion constant US$ | -18.3% |
| 1983 | 5.87 billion constant US$ | -6.7% |
| 1984 | 6.88 billion constant US$ | +17.2% |
| 1985 | 7.81 billion constant US$ | +13.6% |
| 1986 | 7.78 billion constant US$ | -0.4% |
| 1987 | 6.99 billion constant US$ | -10.1% |
| 1988 | 7.41 billion constant US$ | +5.9% |
| 1989 | 8.71 billion constant US$ | +17.5% |
| 1990 | 9.55 billion constant US$ | +9.7% |
| 1991 | 9.86 billion constant US$ | +3.3% |
| 1992 | 10.55 billion constant US$ | +7.0% |
| 1993 | 10.86 billion constant US$ | +3.0% |
| 1994 | 10.08 billion constant US$ | -7.2% |
| 1995 | 11.49 billion constant US$ | +14.0% |
| 1996 | 12.82 billion constant US$ | +11.6% |
| 1997 | 13.28 billion constant US$ | +3.7% |
| 1998 | 11.30 billion constant US$ | -15.0% |
| 1999 | 10.75 billion constant US$ | -4.8% |
| 2000 | 11.31 billion constant US$ | +5.2% |
| 2001 | 10.92 billion constant US$ | -3.5% |
Nigeria compared with similar countries
- Nigeria's 10.92 billion constant US$ is above the median for Sub-Saharan Africa, which is 113.96 million constant US$, 95.8× the median. (41 countries reporting)
- Nigeria's 10.92 billion constant US$ is above the median for lower middle income countries, which is 462.90 million constant US$, 23.6× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Exports of commodity 1 (constant US$) in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1969 | +289.9% | 904.94 million constant US$ | 3.53 billion constant US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.11 billion constant US$ | 904.94 million constant US$ | 3.53 billion constant US$ | 5 |
| 1970s | 11.41 billion constant US$ | 6.68 billion constant US$ | 13.83 billion constant US$ | 10 |
| 1980s | 7.75 billion constant US$ | 5.87 billion constant US$ | 12.03 billion constant US$ | 10 |
| 1990s | 11.05 billion constant US$ | 9.55 billion constant US$ | 13.28 billion constant US$ | 10 |
| 2000s | 11.12 billion constant US$ | 10.92 billion constant US$ | 11.31 billion constant US$ | 2 |
Countries ranked near Nigeria
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)
- Imports of low carbon technology products, US dollar (World), per 6.1 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0056 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 42.54 million (2024)
Frequently asked questions
- What is exports of commodity 1 in Nigeria?
- Exports of commodity 1 in Nigeria was 10.92 billion constant US$ in 2001, according to World Bank country economists.
- What is the highest exports of commodity 1 recorded in Nigeria?
- The highest recorded value was 13.83 billion constant US$ in 1974.
- What is the lowest exports of commodity 1 recorded in Nigeria?
- The lowest recorded value was 904.94 million constant US$ in 1968.
- How does Nigeria rank for exports of commodity 1?
- Nigeria ranks 1st out of 44 countries with data for 2001.
- Is exports of commodity 1 rising or falling in Nigeria?
- Over the last ten years it is up 10.7%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from World Bank country economists, published as part of Exports of commodity 1 (constant US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Exports of commodity 1 in 1987 constant US dollars and fob basis.