Nigeria: Trade Statistics

Exports
Exporter Rank
36/136
Imports
Importer Rank
49/136
Balance
Trade Balance Rank
8/136
Note: UN Comtrade Data (2014) are used for computing ranks.

Total Trade

Total Exports (2014) $102,878,499,713
Total Imports (2014) $46,532,265,377
Trade Balance (2014) $56,346,234,336
Exports of goods and services (% of GDP) Source: The World Bank (2014) 18.44%
Imports of goods and services (% of GDP) Source: The World Bank (2014) 12.54%

Trade Partners

Top 10 Export
Partners
Export Volume ($)
India $14,980,986,169
Netherlands $10,492,632,406
Spain $9,578,485,594
Brazil $8,315,635,061
France $5,897,743,284
United Kingdom $5,205,237,807
South Africa $5,101,253,845
Italy $4,503,822,195
Indonesia $4,031,534,294
United States $3,954,736,950
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Percentage Distribution
Top 10 Import
Partners
Import Volume ($)
China $10,201,900,147
United States $4,833,554,719
Belgium $3,369,660,071
Netherlands $2,842,171,163
India $2,774,327,928
United Kingdom $1,825,458,701
Germany $1,782,563,137
Korea, South $1,730,765,162
Brazil $1,184,224,341
France $1,167,153,211
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Percentage Distribution

Traded Goods (at the 2-digit HS Code level)

Top 10 Import
Goods (by HS Code)
Import Volume ($)
27 Mineral Fuels, Mineral Oils and Products of Their Distillation; Bituminous Substances; Mineral Waxes (Oil & Mineral Fuels) $7,605,474,013
84 Nuclear Reactors, Boilers, Machinery and Mechanical Appliances; Parts Thereof (Industrial Machinery) $7,221,391,127
87 Vehicles Other Than Railway or Tramway Rolling Stock, and Parts and Accessories Thereof (Motor Vehicles & Parts) $4,481,925,452
85 Electrical Machinery and Equipment and Parts Thereof; Sound Recorders and Reproducers, Television Image and Sound Recorders and Reproducers, and Parts and Accessories of Such Articles (Electrical Machinery) $3,559,031,988
10 Cereals (Cereals) $2,483,841,404
39 Plastics and Articles Thereof (Plastics) $2,187,161,435
73 Articles of Iron or Steel (Iron & Steel Articles) $1,859,901,625
72 Iron and Steel (Iron & Steel) $1,329,331,981
03 Fish and Crustaceans, Molluscs and Other Aquatic Invertebrates (Seafood) $1,262,115,147
17 Sugars and Sugar Confectionery (Sugar & Confectionery) $959,838,865
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Percentage Distribution

Sources:

UN Comtrade (2014) except where stated otherwise.
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Glossary