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

02.0B4.0B6.0B8.0B1965198620081965: 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: 322.0M current US$2000: 623.0M current US$2001: 896.0M current US$2002: 1.1B current US$2003: 1.9B current US$2004: 3.0B current US$2005: 2.6B current US$2006: 4.6B current US$2007: 6.8B current US$2008: 7.7B current US$

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 1 Egypt 15.57 billion current US$ compare
  2. 3 Algeria 7.27 billion current US$ compare
  3. 4 South Africa 5.48 billion current US$ compare
  4. 5 Mali 1.75 billion current US$ compare

See the full ranking of 50 places →

More trade data for Nigeria

All data for Nigeria →

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.

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About this data

Indicator
Exports of commodity 2 (current US$)
Unit
current US$
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
50 places, 1,405 data points, 1965–2011
Last refreshed

Exports of commodity 2 in current US dollars and fob basis.