Merchandise exports (constant US$) in Nigeria
Nigeria: Merchandise exports (constant US$) was 17.16 billion constant US$ in 2007. ▲ Rising
Merchandise exports in Nigeria, 1965–2007
Source: World Bank country economists. Measured in constant US$.
Analysis
The most recent figure for merchandise exports in Nigeria is 17.16 billion constant US$, measured in 2007.
The figure is up 4.7% on the previous year and up 23.9% over ten years.
Over the whole period, merchandise exports in Nigeria peaked at 17.29 billion constant US$ in 2004 and was at its lowest, 1.70 billion constant US$, in 1968.
That places Nigeria 3rd out of 48 countries with data for 2007, putting it in the top 10%.
The long-run direction has been consistently rising across the 43 years of available data.
Merchandise exports (constant US$) in Nigeria, year by year
| Year | constant US$ | Change |
|---|---|---|
| 1965 | 2.67 billion constant US$ | — |
| 1966 | 3.37 billion constant US$ | +26.6% |
| 1967 | 2.72 billion constant US$ | -19.3% |
| 1968 | 1.70 billion constant US$ | -37.6% |
| 1969 | 4.28 billion constant US$ | +151.8% |
| 1970 | 7.43 billion constant US$ | +73.5% |
| 1971 | 10.29 billion constant US$ | +38.6% |
| 1972 | 11.81 billion constant US$ | +14.7% |
| 1973 | 13.16 billion constant US$ | +11.5% |
| 1974 | 14.33 billion constant US$ | +8.9% |
| 1975 | 11.31 billion constant US$ | -21.1% |
| 1976 | 13.15 billion constant US$ | +16.3% |
| 1977 | 13.15 billion constant US$ | -0.0% |
| 1978 | 10.92 billion constant US$ | -17.0% |
| 1979 | 14.35 billion constant US$ | +31.4% |
| 1980 | 12.59 billion constant US$ | -12.3% |
| 1981 | 8.06 billion constant US$ | -35.9% |
| 1982 | 6.52 billion constant US$ | -19.1% |
| 1983 | 6.23 billion constant US$ | -4.5% |
| 1984 | 7.11 billion constant US$ | +14.1% |
| 1985 | 8.08 billion constant US$ | +13.6% |
| 1986 | 8.18 billion constant US$ | +1.3% |
| 1987 | 7.53 billion constant US$ | -8.0% |
| 1988 | 7.69 billion constant US$ | +2.1% |
| 1989 | 9.15 billion constant US$ | +19.0% |
| 1990 | 10.05 billion constant US$ | +9.8% |
| 1991 | 10.34 billion constant US$ | +2.9% |
| 1992 | 10.79 billion constant US$ | +4.3% |
| 1993 | 11.09 billion constant US$ | +2.8% |
| 1994 | 10.29 billion constant US$ | -7.2% |
| 1995 | 11.70 billion constant US$ | +13.7% |
| 1996 | 12.60 billion constant US$ | +7.7% |
| 1997 | 13.84 billion constant US$ | +9.9% |
| 1998 | 14.19 billion constant US$ | +2.5% |
| 1999 | 12.64 billion constant US$ | -10.9% |
| 2000 | 15.09 billion constant US$ | +19.4% |
| 2001 | 14.38 billion constant US$ | -4.7% |
| 2002 | 12.86 billion constant US$ | -10.6% |
| 2003 | 17.02 billion constant US$ | +32.4% |
| 2004 | 17.29 billion constant US$ | +1.6% |
| 2005 | 16.43 billion constant US$ | -5.0% |
| 2006 | 16.39 billion constant US$ | -0.3% |
| 2007 | 17.16 billion constant US$ | +4.7% |
Nigeria compared with similar countries
- Nigeria's 17.16 billion constant US$ is above the median for lower middle income countries, which is 2.03 billion constant US$, 8.4× the median. (24 countries reporting)
- Nigeria's 17.16 billion constant US$ is above the median for Sub-Saharan Africa, which is 916.43 million constant US$, 18.7× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports (constant US$) 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 |
|---|---|---|---|
| 1969 | +151.8% | 1.70 billion constant US$ | 4.28 billion constant US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.95 billion constant US$ | 1.70 billion constant US$ | 4.28 billion constant US$ | 5 |
| 1970s | 11.99 billion constant US$ | 7.43 billion constant US$ | 14.35 billion constant US$ | 10 |
| 1980s | 8.11 billion constant US$ | 6.23 billion constant US$ | 12.59 billion constant US$ | 10 |
| 1990s | 11.75 billion constant US$ | 10.05 billion constant US$ | 14.19 billion constant US$ | 10 |
| 2000s | 15.83 billion constant US$ | 12.86 billion constant US$ | 17.29 billion constant US$ | 8 |
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 merchandise exports in Nigeria?
- Merchandise exports in Nigeria was 17.16 billion constant US$ in 2007, according to World Bank country economists.
- What is the highest merchandise exports recorded in Nigeria?
- The highest recorded value was 17.29 billion constant US$ in 2004.
- What is the lowest merchandise exports recorded in Nigeria?
- The lowest recorded value was 1.70 billion constant US$ in 1968.
- How does Nigeria rank for merchandise exports?
- Nigeria ranks 3rd out of 48 countries with data for 2007.
- Is merchandise exports rising or falling in Nigeria?
- Over the last ten years it is up 23.9%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from World Bank country economists, published as part of Merchandise exports (constant US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Merchandise exports (constant 1987 US$) show the f.o.b. value of goods provided to the rest of the world valued in U.S. dollars. They are classified using the Standard International Trade Classification (SITC). Data are in constant U.S. dollars.