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.

During the fourth quarter of 2021, crude oil was the main category of goods exported from Nigeria. The crude oil sector accounted for more than 74 percent of the total exports in that period. Moreover, petroleum products represented around 12 percent of the exported goods, while the share for raw materials reached approximately four percent.

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.

In the first quarter of 2024, Nigeria's main export partner was France. Between January and March of the said year, France accounted for about 11.1 percent of the total exports. Spain followed, with around 10.6 percent. Mineral fuels represent Nigeria's main exports in terms of value.

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 August of 2025.

About ** 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 ** 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 ***** percent of the total share.

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.

The United Arab Emirates was the main importer of gold from Nigeria in 2023. Gold exports to the country represented over 81 percent of the total gold exports. Switzerland was the other export trade partner of Nigeria, accounting for around 19 percent of the gold exports that year.

This statistic shows the most important export partner countries for Nigeria in 2023. In 2023, the most important export partner of Nigeria was the United States, with a share of 10 percent in exports.

India Exports to Nigeria was US$2.84 Billion during 2024, according to the United Nations COMTRADE database on international trade. India Exports to Nigeria - data, historical chart and statistics - was last updated on July of 2025.

Nigeria imports considerably more than it exports. China is the main importing country, while India represents the main export trade partner. The highest import value derives from mineral fuels, oils, and distillation products. Similarly, crude oil, petrol, and fuel represent Nigeria's main source of export value.

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

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.

Nigeria NG: External Debt: Stocks: % of Exports of Goods, Services and Primary Income data was reported at 78.471 % in 2016. This records an increase from the previous number of 56.718 % for 2015. Nigeria NG: External Debt: Stocks: % of Exports of Goods, Services and Primary Income data is updated yearly, averaging 135.717 % from Dec 1977 (Median) to 2016, with 40 observations. The data reached an all-time high of 412.074 % in 1986 and a record low of 14.527 % in 2008. Nigeria NG: External Debt: Stocks: % of Exports of Goods, Services and Primary Income 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: External Debt: Debt Outstanding, Debt Ratio and Debt Service. Total external debt stocks to exports of goods, services and primary income.; ; World Bank, International Debt Statistics.; Weighted average; The denominator for this indicator in previous versions of Global Development Finance included workers' remittances. Workers' remittances are no longer included.

Imports in Nigeria decreased to 4798255.12 NGN Million in March from 5134191.14 NGN Million in February of 2025. This dataset provides - Nigeria Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Nigeria Energy Balance: Primary: Total Crude: Exports data was reported at 7,256.193 kl th in Feb 2025. This records an increase from the previous number of 6,259.341 kl th for Jan 2025. Nigeria Energy Balance: Primary: Total Crude: Exports data is updated monthly, averaging 9,872.492 kl th from Jan 2009 (Median) to Feb 2025, with 194 observations. The data reached an all-time high of 12,883.398 kl th in Dec 2010 and a record low of 5,547.076 kl th in Sep 2024. Nigeria Energy Balance: Primary: Total Crude: Exports data remains active status in CEIC and is reported by Joint Organisations Data Initiative. The data is categorized under Global Database’s Nigeria – Table NG.JODI.WDB: Energy Balance: Oil. Total = Crude oil + NGL + Other; Goods having physically crossed the national boundaries excluding transit trade, international marine and aviation bunkers. Exports should exclude international marine and aviation bunkers.

Nigeria export data: leading in petroleum, oil, gas, and agrarian exports, driving economic growth and job creation.

Canada Exports to Nigeria was US$389.78 Million during 2024, according to the United Nations COMTRADE database on international trade. Canada Exports to Nigeria - data, historical chart and statistics - was last updated on July of 2025.

Between April and June 2023, Nigeria exported some *** trillion Nigerian naira (NGN) of crude oil, roughly ***** 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 **** trillion NGN, while exports to Asia followed with around *** 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.

The value of UK goods exported to Nigeria have seen fluctuations since 2012. In 2022, trade goods dispatched to Nigeria from the UK were worth around *** billion U.S. dollars, a slight increase on the year prior. The value of goods imported from Nigeria to the UK saw similar fluctuations, Nigeria had a slight trade surplus from its trade activities with the UK.

  Mineral fuels a valuable trade material   The UK is one of the most important import partners for Nigeria. Among the leading goods that the UK sends to Nigeria are mineral fuels and lubricants. Over the years, the value of UK export of such materials fluctuated before reaching ***** million U.S. dollars in 2017.

   UK-Nigeria trade under WTO   Nigeria is among the largest markets for UK exports. Currently, there is no existing trade deal between the United Kingdom and Nigeria, but the two countries trade under World Trade Orginastion terms, with a ‘Most Favoured Nation’ status granted to the UK.