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Nigeria Balance of Trade

Last Release
Dec 31, 2021
Actual
84
Units In
NGN Millions
Previous
-150.6
Frequency
Monthly
Next Release
Mar 07, 2025
Time to Release
2 Months 25 Days 13 Hours
Highest
Lowest
Average
Date Range
Source
2,177,553.08
Oct 2011
-1,570,345.3
Aug 2021
163,168.88 NGN Millions1981-2021N/A
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.

Nigeria Balance of Trade History

Last 12 readings

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