Exports of commodity 2 in Nigeria
Nigeria: Exports of commodity 2 was 7.71 billion current US$ in 2008. ◆ Volatile
Latest (2008)
7.71 billion current US$
Change on year
up 12.6%
World rank
2nd
of 50 countries
All-time high
7.71 billion current US$
in 2008
All-time low
0 current US$
in 1965
Years of data
44
1965–2008
Exports of commodity 2 in Nigeria, 1965–2008
Source: World Bank country economists. Measured in current US$.
Analysis
The most recent figure for exports of commodity 2 in Nigeria is 7.71 billion current US$, measured in 2008. That is the highest value across all 44 years on record.
Compared with earlier readings it is up 12.6% on the previous year and up 301.9% over five years.
Over the whole period, exports of commodity 2 in Nigeria peaked at 7.71 billion current US$ in 2008 and was at its lowest, 0 current US$, in 1965.
That places Nigeria 2nd out of 50 countries with data for 2008, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of commodity 2 in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1965 | 0 current US$ | — |
| 1966 | 0 current US$ | — |
| 1967 | 0 current US$ | — |
| 1968 | 0 current US$ | — |
| 1969 | 0 current US$ | — |
| 1970 | 0 current US$ | — |
| 1971 | 0 current US$ | — |
| 1972 | 0 current US$ | — |
| 1973 | 0 current US$ | — |
| 1974 | 0 current US$ | — |
| 1975 | 0 current US$ | — |
| 1976 | 0 current US$ | — |
| 1977 | 0 current US$ | — |
| 1978 | 0 current US$ | — |
| 1979 | 0 current US$ | — |
| 1980 | 0 current US$ | — |
| 1981 | 0 current US$ | — |
| 1982 | 0 current US$ | — |
| 1983 | 0 current US$ | — |
| 1984 | 0 current US$ | — |
| 1985 | 0 current US$ | — |
| 1986 | 0 current US$ | — |
| 1987 | 0 current US$ | — |
| 1988 | 0 current US$ | — |
| 1989 | 0 current US$ | — |
| 1990 | 0 current US$ | — |
| 1991 | 0 current US$ | — |
| 1992 | 0 current US$ | — |
| 1993 | 0 current US$ | — |
| 1994 | 0 current US$ | — |
| 1995 | 0 current US$ | — |
| 1996 | 0 current US$ | — |
| 1997 | 0 current US$ | — |
| 1998 | 0 current US$ | — |
| 1999 | 322.00 million current US$ | — |
| 2000 | 623.00 million current US$ | +93.5% |
| 2001 | 896.00 million current US$ | +43.8% |
| 2002 | 1.06 billion current US$ | +17.9% |
| 2003 | 1.92 billion current US$ | +81.6% |
| 2004 | 3.03 billion current US$ | +58.2% |
| 2005 | 2.65 billion current US$ | -12.7% |
| 2006 | 4.60 billion current US$ | +73.8% |
| 2007 | 6.84 billion current US$ | +48.7% |
| 2008 | 7.71 billion current US$ | +12.6% |
Nigeria compared with similar countries
- Nigeria's 7.71 billion current US$ is above the median for Sub-Saharan Africa, which is 141.16 million current US$, 54.6× the median. (46 countries reporting)
- Nigeria's 7.71 billion current US$ is above the median for lower middle income countries, which is 278.67 million current US$, 27.7× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0 current US$ | 0 current US$ | 0 current US$ | 5 |
| 1970s | 0 current US$ | 0 current US$ | 0 current US$ | 10 |
| 1980s | 0 current US$ | 0 current US$ | 0 current US$ | 10 |
| 1990s | 32.20 million current US$ | 0 current US$ | 322.00 million current US$ | 10 |
| 2000s | 3.26 billion current US$ | 623.00 million current US$ | 7.71 billion current US$ | 9 |
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 2 in Nigeria?
- Exports of commodity 2 in Nigeria was 7.71 billion current US$ in 2008, according to World Bank country economists.
- What is the highest exports of commodity 2 recorded in Nigeria?
- The highest recorded value was 7.71 billion current US$ in 2008.
- What is the lowest exports of commodity 2 recorded in Nigeria?
- The lowest recorded value was 0 current US$ in 1965.
- How does Nigeria rank for exports of commodity 2?
- Nigeria ranks 2nd out of 50 countries with data for 2008.
- Where does this Nigeria data come from?
- The figures come from World Bank country economists, published as part of Exports of commodity 2 (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Exports of commodity 2 in current US dollars and fob basis.