Exports of commodity 3 (volume index) in Nigeria
Nigeria: Exports of commodity 3 (volume index) was 24.51 volume index in 2001. ▼ Falling
Exports of commodity 3 in Nigeria, 1965–2001
Source: World Bank country economists. Measured in volume index.
Analysis
The most recent figure for exports of commodity 3 in Nigeria is 24.51 volume index, measured in 2001.
Compared with earlier readings it is down 80.7% on the previous year and down 62.9% over ten years.
Over the whole period, exports of commodity 3 in Nigeria peaked at 127.04 volume index in 2000 and was at its lowest, 11.83 volume index, in 1999.
That places Nigeria 33rd out of 39 countries with data for 2001, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 37 years of available data.
Exports of commodity 3 (volume index) in Nigeria, year by year
| Year | volume index | Change |
|---|---|---|
| 1965 | 87.48 volume index | — |
| 1966 | 56.15 volume index | -35.8% |
| 1967 | 71.52 volume index | +27.4% |
| 1968 | 60.88 volume index | -14.9% |
| 1969 | 50.54 volume index | -17.0% |
| 1970 | 57.04 volume index | +12.9% |
| 1971 | 79.27 volume index | +39.0% |
| 1972 | 66.39 volume index | -16.2% |
| 1973 | 62.7 volume index | -5.6% |
| 1974 | 56.84 volume index | -9.3% |
| 1975 | 51.21 volume index | -9.9% |
| 1976 | 66.79 volume index | +30.4% |
| 1977 | 49.05 volume index | -26.6% |
| 1978 | 56.16 volume index | +14.5% |
| 1979 | 70.01 volume index | +24.7% |
| 1980 | 70.29 volume index | +0.4% |
| 1981 | 35.99 volume index | -48.8% |
| 1982 | 46.25 volume index | +28.5% |
| 1983 | 77.32 volume index | +67.2% |
| 1984 | 46.1 volume index | -40.4% |
| 1985 | 46.1 volume index | +0.0% |
| 1986 | 73.63 volume index | +59.7% |
| 1987 | 100 volume index | +35.8% |
| 1988 | 14.8 volume index | -85.2% |
| 1989 | 65.15 volume index | +340.2% |
| 1990 | 74.55 volume index | +14.4% |
| 1991 | 66.07 volume index | -11.4% |
| 1992 | 33.2 volume index | -49.8% |
| 1993 | 30.89 volume index | -6.9% |
| 1994 | 26.74 volume index | -13.4% |
| 1995 | 23.05 volume index | -13.8% |
| 1996 | 36.42 volume index | +58.0% |
| 1997 | 23.97 volume index | -34.2% |
| 1998 | 20.56 volume index | -14.2% |
| 1999 | 11.83 volume index | -42.5% |
| 2000 | 127.04 volume index | +973.7% |
| 2001 | 24.51 volume index | -80.7% |
Nigeria compared with similar countries
- Nigeria's 24.51 volume index is below the median for Sub-Saharan Africa, which is 146.03 volume index, 17% of the median. (36 countries reporting)
- Nigeria's 24.51 volume index is below the median for lower middle income countries, which is 141.82 volume index, 17% of the median. (21 countries reporting)
Biggest year-on-year movements
Years where Exports of commodity 3 (volume index) 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 | +973.7% | 11.83 volume index | 127.04 volume index |
| 1989 | +340.2% | 14.8 volume index | 65.15 volume index |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 65.31 volume index | 50.54 volume index | 87.48 volume index | 5 |
| 1970s | 61.55 volume index | 49.05 volume index | 79.27 volume index | 10 |
| 1980s | 57.56 volume index | 14.8 volume index | 100 volume index | 10 |
| 1990s | 34.73 volume index | 11.83 volume index | 74.55 volume index | 10 |
| 2000s | 75.78 volume index | 24.51 volume index | 127.04 volume index | 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 3 in Nigeria?
- Exports of commodity 3 in Nigeria was 24.51 volume index in 2001, according to World Bank country economists.
- What is the highest exports of commodity 3 recorded in Nigeria?
- The highest recorded value was 127.04 volume index in 2000.
- What is the lowest exports of commodity 3 recorded in Nigeria?
- The lowest recorded value was 11.83 volume index in 1999.
- How does Nigeria rank for exports of commodity 3?
- Nigeria ranks 33rd out of 39 countries with data for 2001.
- Is exports of commodity 3 rising or falling in Nigeria?
- Over the last ten years it is down 62.9%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from World Bank country economists, published as part of Exports of commodity 3 (volume index). Statizoid updates them automatically from the source API.
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About this data
Export volume index of commodity 3 with 1987=100.