Exports of commodity 3 (current US$) in Nigeria
Nigeria: Exports of commodity 3 (current US$) was 130.29 million current US$ in 2003. ◆ Volatile
Latest (2003)
130.29 million current US$
Change on year
down 15.5%
World rank
19th
of 50 countries
All-time high
717.10 million current US$
in 1979
All-time low
53.55 million current US$
in 1999
Years of data
39
1965–2003
Exports of commodity 3 in Nigeria, 1965–2003
Source: World Bank country economists. Measured in current US$.
Analysis
Nigeria recorded 130.29 million current US$ for exports of commodity 3 in 2003.
The figure is down 15.5% on the previous year and up 71.4% over ten years.
Over the whole period, exports of commodity 3 in Nigeria peaked at 717.10 million current US$ in 1979 and was at its lowest, 53.55 million current US$, in 1999.
Nigeria ranks 19th of 50 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of commodity 3 (current US$) in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1965 | 119.56 million current US$ | — |
| 1966 | 79.24 million current US$ | -33.7% |
| 1967 | 153.16 million current US$ | +93.3% |
| 1968 | 144.20 million current US$ | -5.9% |
| 1969 | 147.28 million current US$ | +2.1% |
| 1970 | 186.20 million current US$ | +26.4% |
| 1971 | 200.88 million current US$ | +7.9% |
| 1972 | 153.67 million current US$ | -23.5% |
| 1973 | 170.85 million current US$ | +11.2% |
| 1974 | 252.27 million current US$ | +47.7% |
| 1975 | 294.07 million current US$ | +16.6% |
| 1976 | 349.35 million current US$ | +18.8% |
| 1977 | 482.55 million current US$ | +38.1% |
| 1978 | 595.00 million current US$ | +23.3% |
| 1979 | 717.10 million current US$ | +20.5% |
| 1980 | 569.20 million current US$ | -20.6% |
| 1981 | 232.50 million current US$ | -59.2% |
| 1982 | 176.30 million current US$ | -24.2% |
| 1983 | 312.70 million current US$ | +77.4% |
| 1984 | 239.20 million current US$ | -23.5% |
| 1985 | 258.00 million current US$ | +7.9% |
| 1986 | 265.00 million current US$ | +2.7% |
| 1987 | 375.00 million current US$ | +41.5% |
| 1988 | 325.00 million current US$ | -13.3% |
| 1989 | 142.00 million current US$ | -56.3% |
| 1990 | 150.00 million current US$ | +5.6% |
| 1991 | 176.20 million current US$ | +17.5% |
| 1992 | 81.00 million current US$ | -54.0% |
| 1993 | 76.00 million current US$ | -6.2% |
| 1994 | 83.00 million current US$ | +9.2% |
| 1995 | 77.00 million current US$ | -7.2% |
| 1996 | 149.00 million current US$ | +93.5% |
| 1997 | 96.00 million current US$ | -35.6% |
| 1998 | 89.00 million current US$ | -7.3% |
| 1999 | 53.55 million current US$ | -39.8% |
| 2000 | 587.56 million current US$ | +997.2% |
| 2001 | 115.32 million current US$ | -80.4% |
| 2002 | 154.17 million current US$ | +33.7% |
| 2003 | 130.29 million current US$ | -15.5% |
Nigeria compared with similar countries
- Nigeria's 130.29 million current US$ is above the median for Sub-Saharan Africa, which is 53.10 million current US$, 2.5× the median. (46 countries reporting)
- Nigeria's 130.29 million current US$ is above the median for lower middle income countries, which is 130.29 million current US$, 1.0× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Exports of commodity 3 (current US$) 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 |
|---|---|---|---|
| 2000 | +997.2% | 53.55 million current US$ | 587.56 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 128.69 million current US$ | 79.24 million current US$ | 153.16 million current US$ | 5 |
| 1970s | 340.19 million current US$ | 153.67 million current US$ | 717.10 million current US$ | 10 |
| 1980s | 289.49 million current US$ | 142.00 million current US$ | 569.20 million current US$ | 10 |
| 1990s | 103.08 million current US$ | 53.55 million current US$ | 176.20 million current US$ | 10 |
| 2000s | 246.84 million current US$ | 115.32 million current US$ | 587.56 million current US$ | 4 |
Countries ranked near Nigeria
- 16 Ethiopia 195.36 million current US$ compare
- 17 Botswana 140.82 million current US$ compare
- 18 Cote d'Ivoire 134.43 million current US$ compare
- 20 Rwanda 96.82 million current US$ compare
- 21 Central African Republic 94.47 million current US$ compare
- 22 Democratic Republic of Congo 90.00 million current US$ 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)
- 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 3 in Nigeria?
- Exports of commodity 3 in Nigeria was 130.29 million current US$ in 2003, according to World Bank country economists.
- What is the highest exports of commodity 3 recorded in Nigeria?
- The highest recorded value was 717.10 million current US$ in 1979.
- What is the lowest exports of commodity 3 recorded in Nigeria?
- The lowest recorded value was 53.55 million current US$ in 1999.
- How does Nigeria rank for exports of commodity 3?
- Nigeria ranks 19th out of 50 countries with data for 2003.
- Is exports of commodity 3 rising or falling in Nigeria?
- Over the last ten years it is up 71.4%. 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 3 (current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Exports of commodity 3 in current US dollars and fob basis.