Merchandise exports in Nigeria

Nigeria: Merchandise exports was 55.47 billion current US$ in 2025. ◆ Volatile

Latest (2025)
55.47 billion current US$
Change on year
up 4.0%
World rank
52nd
of 206 countries
All-time high
116.00 billion current US$
in 2011
All-time low
462.00 million current US$
in 1960
Years of data
66
1960–2025

Merchandise exports in Nigeria, 1960–2025

025.0B50.0B75.0B100.0B125.0B196019922025

Source: World Trade Organization (WTO). Measured in current US$.

Analysis

In 2025, merchandise exports in Nigeria stood at 55.47 billion current US$.

The figure is up 4.0% on the previous year and up 10.5% over ten years.

Over the whole period, merchandise exports in Nigeria peaked at 116.00 billion current US$ in 2011 and was at its lowest, 462.00 million current US$, in 1960.

That places Nigeria 52nd out of 206 countries with data for 2025, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Merchandise exports in Nigeria, year by year

Annual values for Merchandise exports (current US$) in Nigeria, 1960 to 2025.
Year current US$ Change
1960 462.00 million current US$
1961 486.00 million current US$ +5.2%
1962 468.00 million current US$ -3.7%
1963 520.00 million current US$ +11.1%
1964 601.00 million current US$ +15.6%
1965 749.00 million current US$ +24.6%
1966 796.00 million current US$ +6.3%
1967 677.00 million current US$ -14.9%
1968 591.00 million current US$ -12.7%
1969 891.00 million current US$ +50.8%
1970 1.24 billion current US$ +39.2%
1971 1.81 billion current US$ +46.4%
1972 2.18 billion current US$ +20.1%
1973 3.46 billion current US$ +58.8%
1974 9.21 billion current US$ +165.9%
1975 7.83 billion current US$ -14.9%
1976 10.57 billion current US$ +34.9%
1977 11.84 billion current US$ +12.0%
1978 9.94 billion current US$ -16.1%
1979 17.33 billion current US$ +74.4%
1980 25.97 billion current US$ +49.8%
1981 17.84 billion current US$ -31.3%
1982 12.19 billion current US$ -31.7%
1983 10.36 billion current US$ -15.0%
1984 11.86 billion current US$ +14.5%
1985 12.55 billion current US$ +5.8%
1986 5.16 billion current US$ -58.9%
1987 7.37 billion current US$ +42.9%
1988 6.88 billion current US$ -6.7%
1989 10.00 billion current US$ +45.5%
1990 13.60 billion current US$ +36.0%
1991 12.26 billion current US$ -9.8%
1992 11.89 billion current US$ -3.1%
1993 9.91 billion current US$ -16.6%
1994 9.41 billion current US$ -5.0%
1995 12.34 billion current US$ +31.1%
1996 16.15 billion current US$ +30.9%
1997 15.21 billion current US$ -5.9%
1998 9.86 billion current US$ -35.2%
1999 13.86 billion current US$ +40.6%
2000 20.98 billion current US$ +51.4%
2001 18.05 billion current US$ -14.0%
2002 17.98 billion current US$ -0.4%
2003 24.03 billion current US$ +33.7%
2004 38.63 billion current US$ +60.8%
2005 50.47 billion current US$ +30.6%
2006 58.73 billion current US$ +16.4%
2007 66.61 billion current US$ +13.4%
2008 86.27 billion current US$ +29.5%
2009 56.74 billion current US$ -34.2%
2010 84.00 billion current US$ +48.0%
2011 116.00 billion current US$ +38.1%
2012 114.70 billion current US$ -1.1%
2013 90.56 billion current US$ -21.1%
2014 103.10 billion current US$ +13.9%
2015 50.22 billion current US$ -51.3%
2016 33.30 billion current US$ -33.7%
2017 44.47 billion current US$ +33.5%
2018 60.55 billion current US$ +36.2%
2019 62.53 billion current US$ +3.3%
2020 35.63 billion current US$ -43.0%
2021 46.87 billion current US$ +31.5%
2022 63.08 billion current US$ +34.6%
2023 55.18 billion current US$ -12.5%
2024 53.32 billion current US$ -3.4%
2025 55.47 billion current US$ +4.0%

Nigeria compared with similar countries

  • Nigeria's 55.47 billion current US$ is above the median for lower middle income countries, which is 8.75 billion current US$, 6.3× the median. (46 countries reporting)
  • Nigeria's 55.47 billion current US$ is above the median for Sub-Saharan Africa, which is 3.99 billion current US$, 13.9× the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 624.10 million current US$ 462.00 million current US$ 891.00 million current US$ 10
1970s 7.54 billion current US$ 1.24 billion current US$ 17.33 billion current US$ 10
1980s 12.02 billion current US$ 5.16 billion current US$ 25.97 billion current US$ 10
1990s 12.45 billion current US$ 9.41 billion current US$ 16.15 billion current US$ 10
2000s 43.85 billion current US$ 17.98 billion current US$ 86.27 billion current US$ 10
2010s 75.94 billion current US$ 33.30 billion current US$ 116.00 billion current US$ 10
2020s 51.59 billion current US$ 35.63 billion current US$ 63.08 billion current US$ 6

Countries ranked near Nigeria

  1. 49 Kazakhstan 78.79 billion current US$ compare
  2. 50 Kuwait 72.07 billion current US$ compare
  3. 51 Israel 59.01 billion current US$ compare
  4. 53 Oman 55.28 billion current US$ compare
  5. 54 Greece 54.77 billion current US$ compare
  6. 55 Egypt 51.40 billion current US$ compare

See the full ranking of 253 places →

More private sector data for Nigeria

All data for Nigeria →

Frequently asked questions

What is merchandise exports in Nigeria?
Merchandise exports in Nigeria was 55.47 billion current US$ in 2025, according to World Trade Organization (WTO).
What is the highest merchandise exports recorded in Nigeria?
The highest recorded value was 116.00 billion current US$ in 2011.
What is the lowest merchandise exports recorded in Nigeria?
The lowest recorded value was 462.00 million current US$ in 1960.
How does Nigeria rank for merchandise exports?
Nigeria ranks 52nd out of 206 countries with data for 2025.
Is merchandise exports rising or falling in Nigeria?
Over the last ten years it is up 10.5%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from World Trade Organization (WTO), published as part of Merchandise exports (current US$). Statizoid updates them automatically from the source API.

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Merchandise exports in Nigeria. Statizoid, drawing on World Trade Organization (WTO). Retrieved 22 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-current-us/nigeria/

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About this data

Indicator
Merchandise exports (current US$)
Unit
current US$
Source
World Trade Organization (WTO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 14,893 data points, 1960–2025
Last refreshed

Merchandise exports includes goods whose economic ownership is changed from a resident to a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.