Merchandise exports in Nigeria
Nigeria: Merchandise exports 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$, in 1968.
That places Nigeria 3rd out of 48 countries with data for 2007, putting it in the top 10%.
The long-run direction has been consistently rising across the 43 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.95 billion constant US$ | 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
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 128.67 million FAO, current US$ (2010)
- Lead time to export, median case 3 days (2018)
- Food imports excluding fish 5.14 billion FAO, current US$ (2010)
- Total agricultural imports 5.64 billion FAO, current US$ (2010)
- Cereal imports 1.88 billion FAO, current US$ (2010)
- Cereal imports quantity 5.87 million FAO, tonnes (2010)
- Total agricultural exports 1.16 billion FAO, current US$ (2010)
- Cereal exports 100,000 FAO, current US$ (2010)
- Cereal exports quantity 259 FAO, tonnes (2010)
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$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 43 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise exports (constant 1987 US$) 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.