Exports of commodity 4 (current US$) in Nigeria
Nigeria: Exports of commodity 4 (current US$) was 82.50 million current US$ in 2003. ◆ Volatile
Exports of commodity 4 in Nigeria, 1965–2003
Source: World Bank country economists. Measured in current US$.
Analysis
The most recent figure for exports of commodity 4 in Nigeria is 82.50 million current US$, measured in 2003.
Compared with earlier readings it is down 6.5% on the previous year and up 106.3% over ten years.
Over the whole period, exports of commodity 4 in Nigeria peaked at 382.40 million current US$ in 2000 and was at its lowest, 11.25 million current US$, in 1972.
That places Nigeria 19th out of 47 countries with data for 2003, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of commodity 4 (current US$) in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1965 | 30.80 million current US$ | — |
| 1966 | 32.20 million current US$ | +4.5% |
| 1967 | 17.64 million current US$ | -45.2% |
| 1968 | 17.64 million current US$ | +0.0% |
| 1969 | 26.88 million current US$ | +52.4% |
| 1970 | 24.36 million current US$ | -9.4% |
| 1971 | 17.39 million current US$ | -28.6% |
| 1972 | 11.25 million current US$ | -35.3% |
| 1973 | 29.49 million current US$ | +162.2% |
| 1974 | 52.67 million current US$ | +78.6% |
| 1975 | 24.70 million current US$ | -53.1% |
| 1976 | 22.82 million current US$ | -7.6% |
| 1977 | 17.22 million current US$ | -24.6% |
| 1978 | 19.80 million current US$ | +15.0% |
| 1979 | 21.60 million current US$ | +9.1% |
| 1980 | 25.80 million current US$ | +19.4% |
| 1981 | 29.00 million current US$ | +12.4% |
| 1982 | 16.80 million current US$ | -42.1% |
| 1983 | 20.60 million current US$ | +22.6% |
| 1984 | 21.70 million current US$ | +5.3% |
| 1985 | 23.00 million current US$ | +6.0% |
| 1986 | 23.00 million current US$ | +0.0% |
| 1987 | 15.00 million current US$ | -34.8% |
| 1988 | 45.00 million current US$ | +200.0% |
| 1989 | 69.00 million current US$ | +53.3% |
| 1990 | 41.00 million current US$ | -40.6% |
| 1991 | 78.00 million current US$ | +90.2% |
| 1992 | 59.00 million current US$ | -24.4% |
| 1993 | 40.00 million current US$ | -32.2% |
| 1994 | 32.00 million current US$ | -20.0% |
| 1995 | 58.00 million current US$ | +81.2% |
| 1996 | 37.00 million current US$ | -36.2% |
| 1997 | 50.00 million current US$ | +35.1% |
| 1998 | 120.96 million current US$ | +141.9% |
| 1999 | 23.78 million current US$ | -80.3% |
| 2000 | 382.40 million current US$ | +1508.2% |
| 2001 | 79.10 million current US$ | -79.3% |
| 2002 | 88.23 million current US$ | +11.5% |
| 2003 | 82.50 million current US$ | -6.5% |
Nigeria compared with similar countries
- Nigeria's 82.50 million current US$ is above the median for Sub-Saharan Africa, which is 26.70 million current US$, 3.1× the median. (44 countries reporting)
- Nigeria's 82.50 million current US$ is below the median for lower middle income countries, which is 86.75 million current US$, 95% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Exports of commodity 4 (current US$) 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 | +1508.2% | 23.78 million current US$ | 382.40 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 25.03 million current US$ | 17.64 million current US$ | 32.20 million current US$ | 5 |
| 1970s | 24.13 million current US$ | 11.25 million current US$ | 52.67 million current US$ | 10 |
| 1980s | 28.89 million current US$ | 15.00 million current US$ | 69.00 million current US$ | 10 |
| 1990s | 53.97 million current US$ | 23.78 million current US$ | 120.96 million current US$ | 10 |
| 2000s | 158.06 million current US$ | 79.10 million current US$ | 382.40 million current US$ | 4 |
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 4 in Nigeria?
- Exports of commodity 4 in Nigeria was 82.50 million current US$ in 2003, according to World Bank country economists.
- What is the highest exports of commodity 4 recorded in Nigeria?
- The highest recorded value was 382.40 million current US$ in 2000.
- What is the lowest exports of commodity 4 recorded in Nigeria?
- The lowest recorded value was 11.25 million current US$ in 1972.
- How does Nigeria rank for exports of commodity 4?
- Nigeria ranks 19th out of 47 countries with data for 2003.
- Is exports of commodity 4 rising or falling in Nigeria?
- Over the last ten years it is up 106.3%. 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 4 (current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of commodity 4 in current US dollars and fob basis.