Merchandise imports, WB in Nigeria
Nigeria: Merchandise imports, WB was 62.16 billion current US$ in 2011. ◆ Volatile
Merchandise imports, WB in Nigeria, 1965–2011
Source: World Bank country economists. Measured in current US$.
Analysis
In 2011, merchandise imports, wb in Nigeria stood at 62.16 billion current US$. That is the highest value across all 47 years on record.
Compared with earlier readings it is up 32.9% on the previous year and up 430.8% over ten years.
Over the whole period, merchandise imports, wb in Nigeria peaked at 62.16 billion current US$ in 2011 and was at its lowest, 542.18 million current US$, in 1968.
That places Nigeria 2nd out of 51 countries with data for 2011, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 652.09 million current US$ | 542.18 million current US$ | 742.32 million current US$ | 5 |
| 1970s | 6.86 billion current US$ | 1.24 billion current US$ | 15.97 billion current US$ | 10 |
| 1980s | 12.09 billion current US$ | 6.39 billion current US$ | 22.01 billion current US$ | 10 |
| 1990s | 9.09 billion current US$ | 6.88 billion current US$ | 11.66 billion current US$ | 10 |
| 2000s | 23.14 billion current US$ | 10.95 billion current US$ | 37.10 billion current US$ | 10 |
| 2010s | 54.46 billion current US$ | 46.76 billion current US$ | 62.16 billion current US$ | 2 |
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, wb in Nigeria?
- Merchandise imports, wb in Nigeria was 62.16 billion current US$ in 2011, according to World Bank country economists.
- What is the highest merchandise imports, wb recorded in Nigeria?
- The highest recorded value was 62.16 billion current US$ in 2011.
- What is the lowest merchandise imports, wb recorded in Nigeria?
- The lowest recorded value was 542.18 million current US$ in 1968.
- How does Nigeria rank for merchandise imports, wb?
- Nigeria ranks 2nd out of 51 countries with data for 2011.
- Is merchandise imports, wb rising or falling in Nigeria?
- Over the last ten years it is up 430.8%. 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, WB (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 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 current US dollars.