Merchandise imports in Nigeria
Nigeria: Merchandise imports was 29.11 billion constant US$ in 2007. ◆ Volatile
Merchandise imports in Nigeria, 1965–2007
Source: World Bank country economists. Measured in constant US$.
Analysis
The most recent figure for merchandise imports in Nigeria is 29.11 billion constant US$, measured in 2007. That is the highest value across all 43 years on record.
That represents a change of up 21.9% on the previous year and up 248.8% over ten years.
Over the whole period, merchandise imports in Nigeria peaked at 29.11 billion constant US$ in 2007 and was at its lowest, 2.47 billion constant US$, in 1968.
That places Nigeria 2nd out of 45 countries with data for 2007, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.78 billion constant US$ | 2.47 billion constant US$ | 3.33 billion constant US$ | 5 |
| 1970s | 11.83 billion constant US$ | 4.63 billion constant US$ | 22.09 billion constant US$ | 10 |
| 1980s | 13.62 billion constant US$ | 5.90 billion constant US$ | 24.88 billion constant US$ | 10 |
| 1990s | 7.41 billion constant US$ | 5.28 billion constant US$ | 9.34 billion constant US$ | 10 |
| 2000s | 17.93 billion constant US$ | 9.74 billion constant US$ | 29.11 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 imports in Nigeria?
- Merchandise imports in Nigeria was 29.11 billion constant US$ in 2007, according to World Bank country economists.
- What is the highest merchandise imports recorded in Nigeria?
- The highest recorded value was 29.11 billion constant US$ in 2007.
- What is the lowest merchandise imports recorded in Nigeria?
- The lowest recorded value was 2.47 billion constant US$ in 1968.
- How does Nigeria rank for merchandise imports?
- Nigeria ranks 2nd out of 45 countries with data for 2007.
- Is merchandise imports rising or falling in Nigeria?
- Over the last ten years it is up 248.8%. 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 Merchandise imports (constant US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 43 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total merchandise imports, cif (includes freight and insurance costs) in 1987 constant US dollars.