Ores and metals exports (% of merchandise exports) — all countries

Ores and metals exports (% of merchandise exports) — Nigeria

Ores and metals exports (% of merchandise exports) in Nigeria in 2024 — 1.22%. Ranked 106 in the world out of 130. Since 1962, the indicator has risen by 0.14 pp.

2024 1.22% +0.05 pp vs 2023
World rank 106of 130
Period maximum 7.16%1968
Period minimum 0%1999

Trend over time

1962–2024 · % of merchandise exports

Ores and metals exports (% of merchandise exports) — Nigeria, 1962–20240246819621969197619831990199720042011201820241962: 1.09%1963: 5.74%1964: 7.01%1965: 6.52%1966: 6.44%1967: 6.17%1968: 7.16%1969: 4.76%1970: 4.2%1971: 2.18%1972: 1.48%1973: 0.79%1974: 0.53%1975: 0.46%1976: 0.29%1977: 0.28%1978: 0.33%1979: 0.18%1981: 0.15%1983: 0.12%1984: 0.14%1985: 0.05%1986: 0.03%1987: 0.07%1996: 0.01%1997: 0.01%1998: 0%1999: 0%2000: 0.01%2001: 0.01%2002: 0.03%2003: 0%2006: 0.01%2007: 0.4%2008: 0.33%2009: 0.2%2010: 1.08%2011: 0.32%2012: 0.43%2013: 0.63%2014: 0.37%2015: 0.34%2016: 0.17%2017: 0.14%2018: 0.31%2019: 0.3%2020: 0.3%2021: 0.9%2022: 1.01%2023: 1.18%2024: 1.22%
Change over the period: +0.14 pp Annual average: 0 pp

Comparison, 2024

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

Nigeria 1.22%
World 4.02%
Ores and metals exports (% of merchandise exports) — Nigeria, by year Nigeria All countries CSV XLSX
Year % Change, pp
2024 1.22 +0.05 pp
2023 1.18 +0.16 pp
2022 1.01 +0.12 pp
2021 0.9 +0.59 pp
2020 0.3 +0 pp
2019 0.3 −0.01 pp
2018 0.31 +0.17 pp
2017 0.14 −0.03 pp
2016 0.17 −0.17 pp
2015 0.34 −0.03 pp
2014 0.37 −0.26 pp
2013 0.63 +0.19 pp
2012 0.43 +0.12 pp
2011 0.32 −0.76 pp
2010 1.08 +0.88 pp
2009 0.2 −0.13 pp
2008 0.33 −0.07 pp
2007 0.4 +0.4 pp
2006 0.01
2003 0 −0.03 pp
2002 0.03 +0.02 pp
2001 0.01 +0 pp
2000 0.01 +0.01 pp
1999 0 −0 pp
1998 0 −0.01 pp
1997 0.01 +0 pp
1996 0.01
1987 0.07 +0.04 pp
1986 0.03 −0.02 pp
1985 0.05 −0.09 pp
1984 0.14 +0.02 pp
1983 0.12
1981 0.15
1979 0.18 −0.14 pp
1978 0.33 +0.05 pp
1977 0.28 −0.01 pp
1976 0.29 −0.17 pp
1975 0.46 −0.07 pp
1974 0.53 −0.26 pp
1973 0.79 −0.69 pp
1972 1.48 −0.7 pp
1971 2.18 −2.02 pp
1970 4.2 −0.56 pp
1969 4.76 −2.4 pp
1968 7.16 +0.98 pp
1967 6.17 −0.27 pp
1966 6.44 −0.08 pp
1965 6.52 −0.48 pp
1964 7.01 +1.27 pp
1963 5.74 +4.66 pp
1962 1.09

Western Africa, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

The share of ores, concentrates, non-ferrous and ferrous metals in merchandise exports. This is the second measure of commodity dependence after fuel, and the difference between them is meaningful: fuel is burned while metal stays in circulation, so a metallurgical specialization is more robust than an oil one to the shift to renewable energy — and demand for copper, lithium and nickel is exactly what that shift raises.

Important: Ores and metals together, with no split between raw material and processing: a country exporting concentrate and a country exporting rolled steel look the same by this indicator.

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