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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 Millions | 1981-2021 | N/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