Terms of Trade in Nigeria increased to 102.13 points in September from 102 points in August of 2025. Terms of Trade in Nigeria averaged 99.76 points from 2000 until 2025, reaching an all time high of 160.25 points in March of 2010 and a record low of 49.48 points in April of 2006. source: National Bureau of Statistics, Nigeria

Terms of Trade in Nigeria is expected to be 103.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Terms of Trade is projected to trend around 104.00 points in 2027, according to our econometric models.



Related Last Previous Unit Reference
Balance of Trade 355503.23 914775.34 NGN Million Dec 2025
Exports 6334358.84 6140875.63 NGN Million Dec 2025
Imports 5978855.61 5226100.29 NGN Million Dec 2025
Non Oil Exports 3078220.68 3359637.45 NGN Million Dec 2025
Oil Exports 3256138.16 2781238.19 NGN Million Dec 2025
Terms of Trade 102.13 102.00 points Sep 2025


Nigeria Terms of Trade
In Nigeria, Terms of Trade (ToT) correspond to the ratio of Price of exportable goods to the Price of importable goods.
Actual Previous Highest Lowest Dates Unit Frequency
102.13 102.00 160.25 49.48 2000 - 2025 points Monthly
2018M1=100