Nigeria Exports  1981-2016 | Data | Chart | Calendar | Forecast | News

Exports from Nigeria increased 9.9 percent year-on-year to NGN 747760 million in September of 2016. Considering the third quarter of the year, exports decreased 1 percent from a year earlier to NGN 2309 billion. The country exported goods mainly to India, the USA, France and Spain. Exports in Nigeria averaged 370305.54 NGN Millions from 1981 until 2016, reaching an all time high of 2648881.76 NGN Millions in December of 2011 and a record low of 322.93 NGN Millions in February of 1983.

Nigeria Exports
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Nigeria Trade Last Previous Highest Lowest Unit
Balance of Trade -27238.30 -32445.40 2177553.08 -592200.72 NGN Millions [+]
Exports 747759.80 858374.70 2648881.76 322.93 NGN Millions [+]
Imports 774998.20 890820.10 1554732.90 167.88 NGN Millions [+]
Current Account -404.65 1432.44 9455.37 -5695.27 USD Million [+]
Current Account to GDP -3.80 0.20 32.80 -18.70 percent [+]
Terms of Trade 77.72 80.99 160.25 49.48 Index Points [+]
Foreign Direct Investment 673.95 887.32 3084.90 501.83 USD Million [+]
Capital Flows 7092.36 -8607.39 20302.97 -15439.95 USD Million [+]
Gold Reserves 21.37 21.37 21.37 21.37 Tonnes [+]
Crude Oil Production 1476.00 1253.00 2475.00 675.00 BBL/D/1K [+]
External Debt 11261.89 11194.65 11261.89 3627.50 USD Million [+]
Terrorism Index 9.31 9.21 9.31 3.86 [+]



Nigeria Exports Notes

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, 43% of total sales went to Europe; 29% to Asia; 13% to America and 12% to Africa. This page provides - Nigeria Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Exports - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
747759.80 858374.70 2648881.76 322.93 1981 - 2016 NGN Millions Monthly



Last Reference Previous Highest
Imports 774998.20  NGN Millions Sep/16 890820.10 1554732.90 [+]
Exports 747759.80  NGN Millions Sep/16 858374.70 2648881.76 [+]