Primary commodities exports in Nigeria

Nigeria: Primary commodities exports was 11.78 billion constant US$ in 2001. ▲ Rising

Latest (2001)
11.78 billion constant US$
Change on year
down 6.0%
World rank
3rd
of 35 countries
All-time high
14.07 billion constant US$
in 1979
All-time low
1.15 billion constant US$
in 1968
Years of data
37
1965–2001

Primary commodities exports in Nigeria, 1965–2001

05.0B10.0B15.0B1965198320011965: 2.1B constant US$1966: 2.7B constant US$1967: 2.2B constant US$1968: 1.1B constant US$1969: 3.7B constant US$1970: 6.9B constant US$1971: 9.8B constant US$1972: 11.4B constant US$1973: 12.8B constant US$1974: 14.1B constant US$1975: 11.0B constant US$1976: 12.9B constant US$1977: 12.9B constant US$1978: 10.6B constant US$1979: 14.1B constant US$1980: 12.3B constant US$1981: 7.8B constant US$1982: 6.5B constant US$1983: 6.2B constant US$1984: 7.1B constant US$1985: 8.0B constant US$1986: 8.1B constant US$1987: 7.4B constant US$1988: 7.5B constant US$1989: 9.0B constant US$1990: 9.9B constant US$1991: 10.1B constant US$1992: 10.7B constant US$1993: 11.0B constant US$1994: 10.2B constant US$1995: 11.6B constant US$1996: 13.0B constant US$1997: 13.4B constant US$1998: 11.4B constant US$1999: 11.1B constant US$2000: 12.5B constant US$2001: 11.8B constant US$

Source: World Bank country economists. Measured in constant US$.

Analysis

In 2001, primary commodities exports in Nigeria stood at 11.78 billion constant US$.

Compared with earlier readings it is down 6.0% on the previous year and up 16.0% over ten years.

Over the whole period, primary commodities exports in Nigeria peaked at 14.07 billion constant US$ in 1979 and was at its lowest, 1.15 billion constant US$, in 1968.

Nigeria ranks 3rd of 35 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 37 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1960s 2.38 billion constant US$ 1.15 billion constant US$ 3.74 billion constant US$ 5
1970s 11.65 billion constant US$ 6.92 billion constant US$ 14.07 billion constant US$ 10
1980s 7.98 billion constant US$ 6.17 billion constant US$ 12.30 billion constant US$ 10
1990s 11.24 billion constant US$ 9.85 billion constant US$ 13.40 billion constant US$ 10
2000s 12.15 billion constant US$ 11.78 billion constant US$ 12.52 billion constant US$ 2

Countries ranked near Nigeria

  1. 1 South Africa 21.10 billion constant US$ compare
  2. 2 Angola 13.44 billion constant US$ compare
  3. 4 Ghana 4.45 billion constant US$ compare
  4. 5 Egypt 4.01 billion constant US$ compare
  5. 6 Morocco 3.97 billion constant US$ compare

See the full ranking of 40 places →

More trade data for Nigeria

All data for Nigeria →

Frequently asked questions

What is primary commodities exports in Nigeria?
Primary commodities exports in Nigeria was 11.78 billion constant US$ in 2001, according to World Bank country economists.
What is the highest primary commodities exports recorded in Nigeria?
The highest recorded value was 14.07 billion constant US$ in 1979.
What is the lowest primary commodities exports recorded in Nigeria?
The lowest recorded value was 1.15 billion constant US$ in 1968.
How does Nigeria rank for primary commodities exports?
Nigeria ranks 3rd out of 35 countries with data for 2001.
Is primary commodities exports rising or falling in Nigeria?
Over the last ten years it is up 16.0%. 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 Primary commodities exports (constant US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Primary commodities exports (constant US$)
Unit
constant US$
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
40 places, 958 data points, 1965–2011
Last refreshed

Total Primary Commodities exports in 1987 constant US dollars. Values are in fob basis.