Exports in Nigeria decreased to 6791873.72 NGN Million in March from 7014759.69 NGN Million in February of 2025. This dataset provides - Nigeria Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Nigeria's total Exports in 2024 were valued at US$52.36 Billion, according to the United Nations COMTRADE database on international trade. Nigeria's main export partners were: Spain, France and the Netherlands. The top three export commodities were: Mineral fuels, oils, distillation products; Cocoa and cocoa preparations and Fertilizers. Total Imports were valued at US$40.97 Billion. In 2024, Nigeria had a trade surplus of US$11.39 Billion.

Goods totaling at a value of ***** billion U.S. dollars were exported from Nigeria. This was one of the few years in the past two decades where the value of exports was lower than imports, as Nigeria has generally been a net exporter of goods. The most significant changes in Nigeria's international export values came in 2009, due to the Great Recession; in 2014, due to the drop in international oil prices; and in 2020, due to the Covid pandemic.

Key information about Nigeria Total Exports

• Nigeria Total Exports recorded 3.7 USD bn in Sep 2024, compared with 4.6 USD bn in the previous month
• Nigeria Total Exports data is updated monthly, available from Jan 2003 to Sep 2024, with an averaged value of 4.7 USD bn
• The data reached an all-time high of 17.2 USD bn in Oct 2011 and a record low of 790.2 USD mn in Jun 2009

• In the latest reports, Nigeria Total Exports grew 56.4 % YoY in Sep 2024
• Total Imports recorded 3.0 USD bn in Mar 2023, which registered an increase of 62.9 % year on year
• Nigeria Trade Balance recorded a surplus of 1.0 USD bn in Sep 2024

Nigeria exports for 1960 were 387.79 million US dollars, a 0% increase from .

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</ul>Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Nigeria Exports to United States was US$4.86 Billion during 2023, according to the United Nations COMTRADE database on international trade. Nigeria Exports to United States - data, historical chart and statistics - was last updated on June of 2025.

Key information about Nigeria Crude Oil: Exports

• Nigeria Crude Oil: Exports was reported at 1,476.170 Barrel/Day th in Dec 2023
• This records an increase from the previous number of 1,388.260 Barrel/Day th for Dec 2022
• Nigeria Crude Oil: Exports data is updated yearly, averaging 1,812.003 Barrel/Day th from Dec 1980 to 2023, with 44 observations
• The data reached an all-time high of 2,464.120 Barrel/Day th in 2010 and a record low of 935.200 Barrel/Day th in 1983
• Nigeria Crude Oil: Exports data remains active status in CEIC and is reported by Organization of the Petroleum Exporting Countries
• The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.OPEC.CO: Crude Oil Exports

About 92 percent of the value of exports generated in Nigeria derives from mineral fuels, oils, and distillation products. In 2021, the export of such resources accounted for roughly 42 billion U.S. dollars. Nigeria is one of the main countries for oil reserves globally and the second one on the African continent. Moreover, the export of fertilizers ranked second, holding three percent of the total share.

Between April and June 2023, Nigeria exported some 5.6 trillion Nigerian naira (NGN) of crude oil, roughly seven billion U.S. dollars. Europe and Asia are Nigeria's main trade partners for crude oil exports. In the fourth quarter of 2023, crude oil exported to Europe amounted to about 2.64 trillion NGN, while exports to Asia followed with around 1.2 trillion NGN. Overall, the exports of crude oil experienced an increase in the said period. Oil exports represent Nigeria's main source of exports. Generally, the country's economy was significantly impacted by the COVID-19 pandemic.

China Exports to Nigeria was US$18.9 Billion during 2024, according to the United Nations COMTRADE database on international trade. China Exports to Nigeria - data, historical chart and statistics - was last updated on July of 2025.

Nigeria NG: Exports: % of Goods Exports: Ores & Metals data was reported at 0.138 % in 2017. This records a decrease from the previous number of 0.171 % for 2016. Nigeria NG: Exports: % of Goods Exports: Ores & Metals data is updated yearly, averaging 0.305 % from Dec 1962 (Median) to 2017, with 44 observations. The data reached an all-time high of 7.155 % in 1968 and a record low of 0.003 % in 1999. Nigeria NG: Exports: % of Goods Exports: Ores & Metals data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Exports. Ores and metals comprise the commodities in SITC sections 27 (crude fertilizer, minerals nes); 28 (metalliferous ores, scrap); and 68 (non-ferrous metals).; ; World Bank staff estimates through the WITS platform from the Comtrade database maintained by the United Nations Statistics Division.; Weighted average; Merchandise export shares may not sum to 100 percent because of unclassified trade.

Saudi Arabia Exports: Nigeria data was reported at 670.533 SAR mn in Feb 2025. This records an increase from the previous number of 262.957 SAR mn for Jan 2025. Saudi Arabia Exports: Nigeria data is updated monthly, averaging 86.095 SAR mn from Jan 2017 (Median) to Feb 2025, with 98 observations. The data reached an all-time high of 1,114.808 SAR mn in Aug 2021 and a record low of 29.095 SAR mn in Jun 2020. Saudi Arabia Exports: Nigeria data remains active status in CEIC and is reported by General Authority for Statistics. The data is categorized under Global Database’s Saudi Arabia – Table SA.JA009: Exports: by Country.

In January 2025, Nigeria exported around 1.1 million barrels per day in crude oil, slightly higher than the previous month. In the face of the COVID-19 pandemic, the export of crude oil from Nigeria experienced a decrease in 2020. In December 2020, exports of crude oil recorded the lowest amount, going below one million barrels per day. By December 2021, the volume had reached 0.75 million barrels per day.

Nigeria NG: Exports: % of Total Goods Exports: Residual data was reported at 0.989 % in 2016. This records a decrease from the previous number of 1.038 % for 2015. Nigeria NG: Exports: % of Total Goods Exports: Residual data is updated yearly, averaging 1.342 % from Dec 1960 (Median) to 2016, with 56 observations. The data reached an all-time high of 22.817 % in 1976 and a record low of 0.254 % in 1989. Nigeria NG: Exports: % of Total Goods Exports: Residual data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Exports. Merchandise exports by the reporting economy residuals are the total merchandise exports by the reporting economy to the rest of the world as reported in the IMF's Direction of trade database, less the sum of exports by the reporting economy to high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise exports by the economy.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;

As of 2022, exports from Nigeria to China amounted to an approximate total of *** billion U.S. dollars. This decreased from around ***** billion U.S. dollars in the previous year, which was a peak in the exports registered in the period under review. Generally, the value of Chinese imports from Nigeria has grown since 2000, when it stood at ***** million U.S. dollars.

Nigeria NG: Exports: % of Goods Exports: Manufactures data was reported at 2.159 % in 2017. This records an increase from the previous number of 1.132 % for 2016. Nigeria NG: Exports: % of Goods Exports: Manufactures data is updated yearly, averaging 1.106 % from Dec 1962 (Median) to 2017, with 44 observations. The data reached an all-time high of 6.686 % in 2010 and a record low of 0.023 % in 1984. Nigeria NG: Exports: % of Goods Exports: Manufactures data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Exports. Manufactures comprise commodities in SITC sections 5 (chemicals), 6 (basic manufactures), 7 (machinery and transport equipment), and 8 (miscellaneous manufactured goods), excluding division 68 (non-ferrous metals).; ; World Bank staff estimates through the WITS platform from the Comtrade database maintained by the United Nations Statistics Division.; Weighted average; Merchandise export shares may not sum to 100 percent because of unclassified trade.

Nigeria NG: Exports: % of Goods Exports: Food data was reported at 1.649 % in 2017. This records a decrease from the previous number of 1.965 % for 2016. Nigeria NG: Exports: % of Goods Exports: Food data is updated yearly, averaging 3.679 % from Dec 1962 (Median) to 2017, with 44 observations. The data reached an all-time high of 64.524 % in 1962 and a record low of 0.016 % in 2001. Nigeria NG: Exports: % of Goods Exports: Food data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Exports. Food comprises the commodities in SITC sections 0 (food and live animals), 1 (beverages and tobacco), and 4 (animal and vegetable oils and fats) and SITC division 22 (oil seeds, oil nuts, and oil kernels).; ; World Bank staff estimates through the WITS platform from the Comtrade database maintained by the United Nations Statistics Division.; Weighted average; Merchandise export shares may not sum to 100 percent because of unclassified trade.

United States Exports to Nigeria was US$4.17 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Exports to Nigeria - data, historical chart and statistics - was last updated on July of 2025.

Nigeria NG: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: East Asia & Pacific data was reported at 9.472 % in 2016. This records an increase from the previous number of 7.569 % for 2015. Nigeria NG: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: East Asia & Pacific data is updated yearly, averaging 0.347 % from Dec 1963 (Median) to 2016, with 51 observations. The data reached an all-time high of 9.472 % in 2016 and a record low of 0.009 % in 1976. Nigeria NG: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: East Asia & Pacific data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Exports. Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;

Nigeria NG: Exports: % of Goods Exports: Fuel data was reported at 95.842 % in 2017. This records a decrease from the previous number of 96.302 % for 2016. Nigeria NG: Exports: % of Goods Exports: Fuel data is updated yearly, averaging 93.087 % from Dec 1962 (Median) to 2017, with 44 observations. The data reached an all-time high of 99.656 % in 2001 and a record low of 10.299 % in 1962. Nigeria NG: Exports: % of Goods Exports: Fuel data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Exports. Fuels comprise the commodities in SITC section 3 (mineral fuels, lubricants and related materials).; ; World Bank staff estimates through the WITS platform from the Comtrade database maintained by the United Nations Statistics Division.; Weighted average; Merchandise export shares may not sum to 100 percent because of unclassified trade.