Nigeria Balance of Trade  1981-2016 | Data | Chart | Calendar | Forecast

Nigeria recorded a trade surplus of 197187.70 NGN Millions in September of 2015. Balance of Trade in Nigeria averaged 201370.76 NGN Millions from 1981 until 2015, reaching an all time high of 2177553.08 NGN Millions in October of 2011 and a record low of -592200.72 NGN Millions in March of 2011. Balance of Trade in Nigeria is reported by the National Bureau of Statistics, Nigeria.

Nigeria Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
197187.70 192170.00 2177553.08 -592200.72 1981 - 2015 NGN Millions Monthly
Exports of commodities (oil and natural gas) is the main factor behind Nigeria's growth and accounts for more than 91% of total exports. In 2014, Europe and Asia were the country's main trade partners. Europe accounted for 43% of total sales and 34% of total imports while Asia accounted for 29% of total shipments and 43% of total purchases. This page provides - Nigeria Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Balance of Trade - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-02-26 02:00 PM Dec NGN 197.2B
2016-05-30 02:00 PM Mar
2016-08-31 02:00 PM Jun

Nigeria Trade Last Previous Highest Lowest Unit
Balance of Trade 197187.70 192170.00 2177553.08 -592200.72 NGN Millions [+]
Exports 680480.00 772218.80 2648881.76 322.93 NGN Millions [+]
Imports 483292.30 580048.80 1554732.90 167.88 NGN Millions [+]
Current Account -4745.30 -1344.74 9455.37 -5398.16 USD Million [+]
Current Account to GDP 2.60 3.90 37.90 -18.70 percent [+]
Terms of Trade 103.92 105.62 160.25 49.48 Index Points [+]
Foreign Direct Investment 1213.98 624.87 3084.90 624.87 USD Million [+]
Capital Flows 406.61 -2278.29 20302.97 -15439.95 USD Million [+]
Gold Reserves 21.37 21.37 21.37 21.37 Tonnes [+]
Crude Oil Production 2370.00 2370.00 2695.00 675.00 BBL/D/1K [+]
External Debt 10718.43 10617.35 10718.43 3627.50 USD Million [+]
Terrorism Index 9.21 8.20 9.21 3.86 [+]




Last
Afghanistan -8209.00 Dec/14
Albania -35120.80 Dec/15
Algeria -1270.00 Sep/15
Angola 1424.72 Mar/15
Argentina 254.00 Oct/15
Armenia -194.00 Dec/15
Aruba -491.66 Sep/15
Australia -3535.00 Dec/15
Austria 457.10 Nov/15
Azerbaijan 1544479.00 Sep/15
Bahamas -515.40 Sep/15
Bahrain 3441.00 Dec/14
Bangladesh -74.86 Nov/15
Barbados -212322.22 Jun/15
Belarus -427.50 Dec/15
Belgium 1956.90 Nov/15
Belize -159.67 Dec/15
Benin -167.71 Jun/15
Bhutan -26021.60 Dec/15
Bolivia -72.90 Sep/15
Bosnia and Herzegovina -401.08 Dec/15
Botswana -1998.20 Nov/15
Brazil 923.00 Jan/16
Brunei 308.00 Nov/15
Bulgaria -479.70 Nov/15
Burkina Faso -49.00 Sep/14
Burundi -61284.10 Sep/15
Cambodia -746.40 Jan/16
Cameroon -1054.40 Dec/13
Canada -584.90 Dec/15
Cape Verde -4129.20 Dec/15
Cayman Islands -791.40 Dec/14
Central African Republic -29.80 Jun/14
Chad 1166.10 Dec/11
Chile 685.00 Jan/16
China 600.93 Dec/15
Colombia -1.69 Nov/15
Comoros -73294.00 Dec/14
Congo 1001.80 Dec/14
Costa Rica -478.00 Dec/15
Croatia -3846.50 Dec/15
Cuba -7926.60 Dec/14
Cyprus -318952.00 Dec/15
Czech Republic 17000.00 Dec/15
Denmark 1927.30 Dec/15
Djibouti -119840.00 Dec/14
Dominican Republic -644.90 Sep/15
East Timor -95227.12 Nov/15
Ecuador -206000.00 Nov/15
Egypt -3397.00 Nov/15
El Salvador -431.10 Dec/15
Equatorial Guinea 2723.70 Dec/10
Eritrea -149.00 Dec/12
Estonia -160.52 Dec/15
Ethiopia -3413.10 Jun/15
Euro Area 23618.10 Nov/15
European Union 5862.70 Nov/15
Fiji -181343.00 Oct/15
Finland -340.00 Dec/15
France -3943.00 Dec/15
Gabon 3711.95 Dec/13
Gambia -2269.53 Dec/14
Georgia -665.00 Dec/15
Germany 18800.00 Dec/15
Ghana -1226.00 Sep/15
Greece -1563.50 Dec/15
Guatemala -540.40 Dec/15
Guinea -103.83 Jun/13
Guinea Bissau -32.30 Dec/14
Guyana -100.20 Jun/15
Haiti -160.26 Jul/15
Honduras -520.50 Sep/15
Hong Kong -45706.00 Dec/15
Hungary 201400.00 Dec/15
Iceland -1200.00 Jan/16
India -11664.00 Dec/15
Indonesia -230.00 Dec/15
Iran -2405.00 Dec/14
Iraq 38780.80 Dec/14
Ireland 3378800.00 Nov/15
Israel -991.30 Dec/15
Italy 4409.43 Nov/15
Ivory Coast 757.00 Dec/13
Jamaica -832000.00 Jun/15
Japan 140.20 Dec/15
Jordan -756171.10 Nov/15
Kazakhstan 1198.40 Nov/15
Kenya -114283.00 Nov/15
Kosovo -230094.00 Dec/15
Kuwait 1836.10 Sep/15
Kyrgyzstan -237.90 Nov/15
Laos -488.34 Sep/15
Latvia -155.50 Dec/15
Lebanon -1604.94 Dec/15
Lesotho -2384.00 Sep/15
Liberia -88.50 Sep/15
Libya -17675.60 Dec/14
Liechtenstein 315120.00 Sep/15
Lithuania -210.50 Dec/15
Luxembourg -0.38 Nov/15
Macau -6083788.93 Dec/15
Macedonia -228611.00 Dec/15
Madagascar -204525.00 Sep/15
Malawi -57415.30 Mar/15
Malaysia 7990.00 Dec/15
Maldives -137.10 Nov/15
Mali -100.60 Mar/15
Malta -149486.00 Dec/15
Mauritania -268.39 Sep/15
Mauritius -7798.00 Nov/15
Mexico -927.00 Dec/15
Moldova -189.10 Dec/15
Monaco -86.40 Sep/15
Mongolia 18.00 Nov/15
Montenegro -124400.00 Dec/15
Morocco -9053.00 Sep/15
Mozambique -1274.70 Sep/15
Myanmar -942.70 Jan/16
Namibia -9830.66 Sep/15
Nepal -76499.00 Jun/15
Netherlands 4168.00 Nov/15
New Caledonia -11456.00 Dec/15
New Zealand -52.62 Dec/15
Nicaragua -223.60 Sep/15
Niger -441985.00 Sep/15
Nigeria 197187.70 Sep/15
North Korea -695.83 Dec/14
Norway 18114.00 Dec/15
Oman 284.70 Jul/15
Pakistan -215151.00 Dec/15
Palestine -335.30 Nov/15
Panama -912393.10 Nov/15
Papua New Guinea 4191.00 Sep/15
Paraguay -4863.84 Jan/16
Peru 210.00 Dec/16
Philippines -976870.00 Nov/15
Poland 756.00 Nov/15
Portugal -1128.00 Dec/15
Puerto Rico 2916.00 Sep/16
Qatar 9305.00 Dec/15
Republic of the Congo 4092.35 Dec/10
Romania -1174.90 Dec/15
Russia 9114.00 Nov/15
Rwanda -149.04 Nov/15
Sao Tome and Principe -31.85 Sep/15
Saudi Arabia 44465.00 Sep/15
Senegal -170.26 Nov/15
Serbia -541.50 Dec/15
Seychelles -24.77 Nov/15
Sierra Leone -89.75 Mar/15
Singapore 5158.30 Dec/15
Slovakia -16.30 Dec/15
Slovenia -63.90 Dec/15
Somalia -1281.56 Dec/14
South Africa 8221.07 Dec/15
South Korea 5362.41 Jan/16
South Sudan -4987.00 Dec/13
Spain -1850000.00 Nov/15
Sri Lanka -629.70 Nov/15
Sudan -661598.00 Sep/15
Suriname -130.90 Sep/15
Swaziland 1098.48 Mar/15
Sweden 4700.00 Dec/15
Switzerland 2544.00 Dec/15
Syria 9394.50 Dec/10
Taiwan 135991.00 Dec/15
Tajikistan -214.60 Dec/15
Tanzania 207.70 Nov/15
Thailand 1490.00 Dec/15
Togo -68.29 Dec/14
Trinidad and Tobago 460.40 Jun/15
Tunisia -507.20 Jan/16
Turkey -6182.60 Dec/15
Turkmenistan 2431.94 Dec/14
Uganda -216.70 Dec/15
Ukraine -131.50 Nov/15
United Arab Emirates 480600.00 Dec/14
United Kingdom -2709.00 Dec/15
United States -43357.00 Dec/15
Uruguay -138249.00 Dec/15
Uzbekistan 168.00 Mar/15
Venezuela -782.00 Sep/15
Vietnam -200.00 Jan/16
Yemen -2914.30 Dec/13
Zambia 1226.10 Nov/15
Zimbabwe -290.99 Dec/14