Trade balance in low carbon technology products, US dollar in Nigeria
Nigeria: Trade balance in low carbon technology products, US dollar was -1.38 billion in 2024. ◆ Volatile
Trade balance in low carbon technology products, US dollar in Nigeria, 1996–2024
Source: International Monetary Fund.
Analysis
Nigeria recorded -1.38 billion for trade balance in low carbon technology products, us dollar in 2024.
Compared with earlier readings it is up 29.5% on the previous year and up 28.9% over ten years.
Over the whole period, trade balance in low carbon technology products, us dollar in Nigeria peaked at -119.02 million in 1999 and was at its lowest, -2.90 billion, in 2020.
That places Nigeria 146th out of 187 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Trade balance in low carbon technology products, US dollar in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | -249.73 million | — |
| 1997 | -175.14 million | -29.9% |
| 1998 | -186.83 million | +6.7% |
| 1999 | -119.02 million | -36.3% |
| 2000 | -174.57 million | +46.7% |
| 2001 | -233.61 million | +33.8% |
| 2002 | -278.97 million | +19.4% |
| 2003 | -341.61 million | +22.5% |
| 2006 | -1.35 billion | +296.5% |
| 2007 | -1.11 billion | -17.8% |
| 2008 | -1.51 billion | +35.5% |
| 2009 | -1.23 billion | -18.4% |
| 2010 | -1.90 billion | +54.2% |
| 2011 | -1.81 billion | -4.5% |
| 2012 | -1.36 billion | -24.8% |
| 2013 | -1.42 billion | +4.2% |
| 2014 | -1.93 billion | +36.2% |
| 2015 | -1.34 billion | -30.9% |
| 2016 | -2.05 billion | +53.1% |
| 2017 | -1.33 billion | -35.0% |
| 2018 | -1.68 billion | +26.1% |
| 2019 | -2.72 billion | +62.0% |
| 2020 | -2.90 billion | +6.8% |
| 2021 | -2.09 billion | -28.1% |
| 2022 | -1.86 billion | -11.0% |
| 2023 | -1.95 billion | +4.9% |
| 2024 | -1.38 billion | -29.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -182.68 million | -249.73 million | -119.02 million | 4 |
| 2000s | -779.69 million | -1.51 billion | -174.57 million | 8 |
| 2010s | -1.75 billion | -2.72 billion | -1.33 billion | 10 |
| 2020s | -2.03 billion | -2.90 billion | -1.38 billion | 5 |
Countries ranked near Nigeria
More trade data for Nigeria
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- 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 trade balance in low carbon technology products, us dollar in Nigeria?
- Trade balance in low carbon technology products, us dollar in Nigeria was -1.38 billion in 2024, according to International Monetary Fund.
- What is the highest trade balance in low carbon technology products, us dollar recorded in Nigeria?
- The highest recorded value was -119.02 million in 1999.
- What is the lowest trade balance in low carbon technology products, us dollar recorded in Nigeria?
- The lowest recorded value was -2.90 billion in 2020.
- How does Nigeria rank for trade balance in low carbon technology products, us dollar?
- Nigeria ranks 146th out of 187 countries with data for 2024.
- Is trade balance in low carbon technology products, us dollar rising or falling in Nigeria?
- Over the last ten years it is up 28.9%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Trade balance in low carbon technology products, US dollar (World). Statizoid updates them automatically from the source API.
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About this data
This dataset provides information on the bilateral trade flows of low-carbon technology products, as well as country and world aggregates . Low carbon technology products produce less pollution than their traditional energy counterparts, and will play a vital role in the transition to a low carbon economy. Low carbon technologies include mechanics like wind turbines, solar panels, biomass systems and carbon capture equipment.