Merchandise exports to low- and middle-income economies in East Asia in Nigeria
Nigeria: Merchandise exports to low- and middle-income economies in East Asia was 11.8% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in East Asia in Nigeria, 1963–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports to low- and middle-income economies in east asia in Nigeria is 11.8%, measured in 2023.
That represents a change of up 71.1% on the previous year and up 1.1% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in east asia in Nigeria peaked at 12.2% in 2017 and was at its lowest, 0.0%, in 1976.
That places Nigeria 73rd out of 206 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies in East Asia in Nigeria, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1963 | 0.2% | — |
| 1964 | 2.9% | +1407.6% |
| 1965 | 0.3% | -90.5% |
| 1967 | 0.4% | +43.6% |
| 1968 | 0.1% | -68.1% |
| 1970 | 0.1% | -17.8% |
| 1971 | 0.0% | -71.8% |
| 1972 | 0.2% | +694.0% |
| 1973 | 0.3% | +8.4% |
| 1974 | 0.1% | -71.5% |
| 1975 | 0.1% | +56.9% |
| 1976 | 0.0% | -89.6% |
| 1977 | 0.1% | +1027.1% |
| 1978 | 0.1% | -37.0% |
| 1979 | 0.1% | +5.4% |
| 1981 | 0.4% | +395.6% |
| 1982 | 0.0% | -92.2% |
| 1983 | 0.1% | +194.2% |
| 1984 | 0.3% | +152.3% |
| 1985 | 0.0% | -92.9% |
| 1986 | 0.0% | -28.3% |
| 1987 | 0.0% | +0.0% |
| 1988 | 0.1% | +849.3% |
| 1989 | 0.0% | -66.1% |
| 1990 | 0.1% | +33.5% |
| 1991 | 0.6% | +889.8% |
| 1992 | 0.1% | -80.6% |
| 1993 | 0.1% | -13.6% |
| 1994 | 0.3% | +226.6% |
| 1995 | 2.2% | +626.0% |
| 1996 | 1.1% | -49.6% |
| 1997 | 1.0% | -5.8% |
| 1998 | 0.8% | -18.7% |
| 1999 | 3.2% | +271.6% |
| 2000 | 2.9% | -8.7% |
| 2001 | 3.8% | +33.1% |
| 2002 | 6.3% | +63.1% |
| 2003 | 11.5% | +83.9% |
| 2004 | 11.6% | +0.9% |
| 2005 | 11.6% | +0.0% |
| 2006 | 11.4% | -1.7% |
| 2007 | 11.2% | -1.6% |
| 2008 | 11.2% | -0.0% |
| 2009 | 11.6% | +3.5% |
| 2010 | 10.4% | -10.4% |
| 2011 | 10.4% | +0.0% |
| 2012 | 11.6% | +11.5% |
| 2013 | 11.6% | -0.0% |
| 2014 | 11.6% | -0.0% |
| 2015 | 11.6% | +0.0% |
| 2016 | 11.9% | +2.3% |
| 2017 | 12.2% | +2.7% |
| 2018 | 12.2% | -0.2% |
| 2019 | 11.9% | -2.4% |
| 2020 | 10.7% | -10.2% |
| 2021 | 9.8% | -8.4% |
| 2022 | 6.9% | -29.8% |
| 2023 | 11.8% | +71.1% |
Nigeria compared with similar countries
- Nigeria's 11.8% is above the median for lower middle income countries, which is 10.3%, 1.1× the median. (47 countries reporting)
- Nigeria's 11.8% is above the median for Sub-Saharan Africa, which is 8.1%, 1.4× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies in East Asia in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1964 | +1407.6% | 0.2% | 2.9% |
| 1977 | +1027.1% | 0.0% | 0.1% |
| 1991 | +889.8% | 0.1% | 0.6% |
| 1988 | +849.3% | 0.0% | 0.1% |
| 1972 | +694.0% | 0.0% | 0.2% |
| 1995 | +626.0% | 0.3% | 2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.8% | 0.1% | 2.9% | 5 |
| 1970s | 0.1% | 0.0% | 0.3% | 10 |
| 1980s | 0.1% | 0.0% | 0.4% | 9 |
| 1990s | 0.9% | 0.1% | 3.2% | 10 |
| 2000s | 9.3% | 2.9% | 11.6% | 10 |
| 2010s | 11.6% | 10.4% | 12.2% | 10 |
| 2020s | 9.8% | 6.9% | 11.8% | 4 |
Countries ranked near Nigeria
- 70 Namibia 12.6% compare
- 71 Switzerland 12.4% compare
- 72 Marshall Islands 12.2% compare
- 74 Tajikistan 11.5% compare
- 75 Bolivia 11.3% compare
- 76 United States 10.6% compare
More private sector data for Nigeria
- Merchandise trade 33.3% (2025)
- Food imports 11.0% (2024)
- Manufactures imports 46.0% (2024)
- Merchandise imports 41.45 billion current US$ (2025)
- Food exports 6.0% (2024)
- Manufactures exports 3.5% (2024)
- Merchandise exports 55.47 billion current US$ (2025)
- Merchandise exports (current US$), per capita 233.52 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1907 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 4.03 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in east asia in Nigeria?
- Merchandise exports to low- and middle-income economies in east asia in Nigeria was 11.8% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in east asia recorded in Nigeria?
- The highest recorded value was 12.2% in 2017.
- What is the lowest merchandise exports to low- and middle-income economies in east asia recorded in Nigeria?
- The lowest recorded value was 0.0% in 1976.
- How does Nigeria rank for merchandise exports to low- and middle-income economies in east asia?
- Nigeria ranks 73rd out of 206 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in east asia rising or falling in Nigeria?
- Over the last ten years it is up 1.1%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
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.