Merchandise imports in Nigeria
Nigeria: Merchandise imports was 29.11 billion constant US$ in 2007. ◆ Volatile
Latest (2007)
29.11 billion constant US$
Change on year
up 21.9%
World rank
2nd
of 45 countries
All-time high
29.11 billion constant US$
in 2007
All-time low
2.47 billion constant US$
in 1968
Years of data
43
1965–2007
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$, in 1968.
That places Nigeria 2nd out of 45 countries with data for 2007, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports in Nigeria, year by year
| Year | constant US$ | Change |
|---|---|---|
| 1965 | 3.33 billion constant US$ | — |
| 1966 | 2.72 billion constant US$ | -18.4% |
| 1967 | 2.52 billion constant US$ | -7.1% |
| 1968 | 2.47 billion constant US$ | -2.1% |
| 1969 | 2.85 billion constant US$ | +15.2% |
| 1970 | 4.63 billion constant US$ | +62.6% |
| 1971 | 5.39 billion constant US$ | +16.5% |
| 1972 | 5.28 billion constant US$ | -2.0% |
| 1973 | 5.47 billion constant US$ | +3.5% |
| 1974 | 5.95 billion constant US$ | +8.7% |
| 1975 | 11.17 billion constant US$ | +87.8% |
| 1976 | 17.71 billion constant US$ | +58.6% |
| 1977 | 22.09 billion constant US$ | +24.7% |
| 1978 | 20.31 billion constant US$ | -8.1% |
| 1979 | 20.28 billion constant US$ | -0.1% |
| 1980 | 22.46 billion constant US$ | +10.7% |
| 1981 | 24.88 billion constant US$ | +10.8% |
| 1982 | 20.87 billion constant US$ | -16.1% |
| 1983 | 15.17 billion constant US$ | -27.3% |
| 1984 | 12.00 billion constant US$ | -20.9% |
| 1985 | 11.12 billion constant US$ | -7.3% |
| 1986 | 11.34 billion constant US$ | +2.0% |
| 1987 | 6.39 billion constant US$ | -43.6% |
| 1988 | 5.90 billion constant US$ | -7.6% |
| 1989 | 6.07 billion constant US$ | +2.9% |
| 1990 | 6.92 billion constant US$ | +13.9% |
| 1991 | 7.58 billion constant US$ | +9.6% |
| 1992 | 8.21 billion constant US$ | +8.4% |
| 1993 | 7.70 billion constant US$ | -6.3% |
| 1994 | 5.79 billion constant US$ | -24.8% |
| 1995 | 6.76 billion constant US$ | +16.8% |
| 1996 | 5.28 billion constant US$ | -21.9% |
| 1997 | 8.35 billion constant US$ | +58.0% |
| 1998 | 8.15 billion constant US$ | -2.4% |
| 1999 | 9.34 billion constant US$ | +14.6% |
| 2000 | 9.74 billion constant US$ | +4.3% |
| 2001 | 10.97 billion constant US$ | +12.6% |
| 2002 | 16.33 billion constant US$ | +48.8% |
| 2003 | 18.08 billion constant US$ | +10.8% |
| 2004 | 15.53 billion constant US$ | -14.1% |
| 2005 | 19.78 billion constant US$ | +27.4% |
| 2006 | 23.88 billion constant US$ | +20.7% |
| 2007 | 29.11 billion constant US$ | +21.9% |
Nigeria compared with similar countries
- Nigeria's 29.11 billion constant US$ is above the median for lower middle income countries, which is 3.16 billion constant US$, 9.2× the median. (23 countries reporting)
- Nigeria's 29.11 billion constant US$ is above the median for Sub-Saharan Africa, which is 1.26 billion constant US$, 23.1× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.78 billion constant US$ | 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
- 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 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.
Download this data
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.