Exports of commodity 1 in Nigeria
Nigeria: Exports of commodity 1 was 74.30 billion current US$ in 2008. ◆ Volatile
Exports of commodity 1 in Nigeria, 1965–2008
Source: World Bank country economists. Measured in current US$.
Analysis
In 2008, exports of commodity 1 in Nigeria stood at 74.30 billion current US$. That is the highest value across all 44 years on record.
That represents a change of up 27.7% on the previous year and up 706.1% over ten years.
Over the whole period, exports of commodity 1 in Nigeria peaked at 74.30 billion current US$ in 2008 and was at its lowest, 103.60 million current US$, in 1968.
That places Nigeria 1st out of 50 countries with data for 2008, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 224.06 million current US$ | 103.60 million current US$ | 366.52 million current US$ | 5 |
| 1970s | 6.99 billion current US$ | 723.80 million current US$ | 15.65 billion current US$ | 10 |
| 1980s | 11.70 billion current US$ | 6.38 billion current US$ | 24.94 billion current US$ | 10 |
| 1990s | 11.84 billion current US$ | 9.17 billion current US$ | 15.83 billion current US$ | 10 |
| 2000s | 38.21 billion current US$ | 15.88 billion current US$ | 74.30 billion current US$ | 9 |
Countries ranked near Nigeria
More trade data for Nigeria
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 128.67 million FAO, current US$ (2010)
- Lead time to export, median case 3 days (2018)
- Food imports excluding fish 5.14 billion FAO, current US$ (2010)
- Total agricultural imports 5.64 billion FAO, current US$ (2010)
- Cereal imports 1.88 billion FAO, current US$ (2010)
- Cereal imports quantity 5.87 million FAO, tonnes (2010)
- Total agricultural exports 1.16 billion FAO, current US$ (2010)
- Cereal exports 100,000 FAO, current US$ (2010)
- Cereal exports quantity 259 FAO, tonnes (2010)
Frequently asked questions
- What is exports of commodity 1 in Nigeria?
- Exports of commodity 1 in Nigeria was 74.30 billion current US$ in 2008, according to World Bank country economists.
- What is the highest exports of commodity 1 recorded in Nigeria?
- The highest recorded value was 74.30 billion current US$ in 2008.
- What is the lowest exports of commodity 1 recorded in Nigeria?
- The lowest recorded value was 103.60 million current US$ in 1968.
- How does Nigeria rank for exports of commodity 1?
- Nigeria ranks 1st out of 50 countries with data for 2008.
- Is exports of commodity 1 rising or falling in Nigeria?
- Over the last ten years it is up 706.1%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from World Bank country economists, published as part of Exports of commodity 1 (current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of commodity 1 in current US dollars and fob basis.