Merchandise exports — all countries

Merchandise exports — Nigeria

Merchandise exports in Nigeria in 2025 — 55,468,000,000 US$. Ranked 52 in the world out of 205. Since 1960, the indicator has risen by 11,906.1%.

2025 55.47B US$ +4.03% vs 2024
World rank 52of 205
Period maximum 116B US$2011
Period minimum 462M US$1960

Trend over time

1960–2025 · US$

Merchandise exports — Nigeria, 1960–2025050B100B150B19601967197419811988199520022009201620231960: 462,000,000 US$1962: 468,000,000 US$1964: 601,000,000 US$1966: 796,000,000 US$1968: 591,000,000 US$1970: 1,240,000,000 US$1972: 2,180,000,000 US$1974: 9,205,000,000 US$1976: 10,566,000,000 US$1978: 9,938,000,000 US$1980: 25,968,000,000 US$1982: 12,185,000,000 US$1984: 11,856,000,000 US$1986: 5,155,000,000 US$1988: 6,875,000,000 US$1990: 13,596,000,000 US$1992: 11,886,000,000 US$1994: 9,415,000,000 US$1996: 16,153,000,000 US$1998: 9,855,000,000 US$2000: 20,975,000,000 US$2002: 17,975,000,000 US$2004: 38,631,000,000 US$2006: 58,726,000,000 US$2008: 86,274,000,000 US$2010: 84,000,000,000 US$2012: 114,700,000,000 US$2014: 103,100,000,000 US$2016: 33,302,000,000 US$2018: 60,547,000,000 US$2020: 35,634,000,000 US$2022: 63,075,000,000 US$2024: 53,320,000,000 US$2025: 55,468,000,000 US$
Change over the period: +55.01B (+11,906.06%) Average annual rate: 7.64 %

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Nigeria

Nigeria 55.47B US$
World 26.39T US$
Western Africa computed 173B US$
Lower-middle-income countries computed 1.8T US$
Merchandise exports — Nigeria, by year Nigeria All countries CSV XLSX
Year US$ Change Change, %
2025 55.47B +2.15B +4.03%
2024 53.32B −1.86B −3.37%
2023 55.18B −7.89B −12.51%
2022 63.08B +16.2B +34.57%
2021 46.87B +11.24B +31.53%
2020 35.63B −26.9B −43.01%
2019 62.53B +1.98B +3.28%
2018 60.55B +16.08B +36.16%
2017 44.47B +11.17B +33.53%
2016 33.3B −16.91B −33.68%
2015 50.22B −52.88B −51.29%
2014 103B +12.55B +13.85%
2013 90.56B −24.15B −21.05%
2012 115B −1.3B −1.12%
2011 116B +32B +38.1%
2010 84B +27.26B +48.04%
2009 56.74B −29.53B −34.23%
2008 86.27B +19.67B +29.53%
2007 66.61B +7.88B +13.42%
2006 58.73B +8.26B +16.37%
2005 50.47B +11.84B +30.64%
2004 38.63B +14.6B +60.75%
2003 24.03B +6.06B +33.69%
2002 17.98B −70M −0.39%
2001 18.05B −2.93B −13.97%
2000 20.98B +7.12B +51.38%
1999 13.86B +4B +40.6%
1998 9.86B −5.35B −35.19%
1997 15.21B −946M −5.86%
1996 16.15B +3.81B +30.88%
1995 12.34B +2.93B +31.09%
1994 9.42B −493M −4.98%
1993 9.91B −1.98B −16.64%
1992 11.89B −378M −3.08%
1991 12.26B −1.33B −9.8%
1990 13.6B +3.6B +35.96%
1989 10B +3.13B +45.45%
1988 6.88B −490M −6.65%
1987 7.37B +2.21B +42.87%
1986 5.16B −7.39B −58.92%
1985 12.55B +692M +5.84%
1984 11.86B +1.5B +14.47%
1983 10.36B −1.83B −15%
1982 12.19B −5.66B −31.72%
1981 17.85B −8.12B −31.28%
1980 25.97B +8.63B +49.81%
1979 17.33B +7.4B +74.42%
1978 9.94B −1.9B −16.06%
1977 11.84B +1.27B +12.05%
1976 10.57B +2.73B +34.87%
1975 7.83B −1.37B −14.89%
1974 9.21B +5.74B +165.89%
1973 3.46B +1.28B +58.81%
1972 2.18B +365M +20.11%
1971 1.82B +575M +46.37%
1970 1.24B +349M +39.17%
1969 891M +300M +50.76%
1968 591M −86M −12.7%
1967 677M −119M −14.95%
1966 796M +47M +6.28%
1965 749M +148M +24.63%
1964 601M +81M +15.58%
1963 520M +52M +11.11%
1962 468M −18M −3.7%
1961 486M +24M +5.19%
1960 462M

About the indicator

The value of exports of goods (excluding services) in current US dollars from WTO data, on an FOB basis. Unlike total exports of goods and services it allows a clean comparison of physical merchandise trade and the calculation of the merchandise trade balance.

Source: UNCTADstat (UNCTAD), license CC BY 3.0 IGO.