Merchandise imports by the reporting economy (current US$), gaps in Nigeria
Nigeria: Merchandise imports by the reporting economy (current US$), gaps was 64.30 billion current US$ in 2023. ◆ Volatile
Merchandise imports by the reporting economy (current US$), gaps in Nigeria, 1960–2023
Source: Statizoid (derived). Measured in current US$.
Analysis
In 2023, merchandise imports by the reporting economy (current us$), gaps in Nigeria stood at 64.30 billion current US$.
That represents a change of up 2.4% on the previous year and down 20.4% over ten years.
Over the whole period, merchandise imports by the reporting economy (current us$), gaps in Nigeria peaked at 82.34 billion current US$ in 2011 and was at its lowest, 481.20 million current US$, in 1968.
That places Nigeria 49th out of 206 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports by the reporting economy (current US$), gaps in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 530.40 million current US$ | — |
| 1961 | 534.00 million current US$ | +0.7% |
| 1962 | 529.20 million current US$ | -0.9% |
| 1963 | 537.70 million current US$ | +1.6% |
| 1964 | 667.40 million current US$ | +24.1% |
| 1965 | 720.70 million current US$ | +8.0% |
| 1966 | 682.20 million current US$ | -5.3% |
| 1967 | 582.70 million current US$ | -14.6% |
| 1968 | 481.20 million current US$ | -17.4% |
| 1969 | 633.10 million current US$ | +31.6% |
| 1970 | 973.60 million current US$ | +53.8% |
| 1971 | 1.41 billion current US$ | +45.2% |
| 1972 | 1.41 billion current US$ | -0.0% |
| 1973 | 1.73 billion current US$ | +22.5% |
| 1974 | 2.57 billion current US$ | +48.3% |
| 1975 | 5.70 billion current US$ | +121.8% |
| 1976 | 7.77 billion current US$ | +36.4% |
| 1977 | 10.35 billion current US$ | +33.2% |
| 1978 | 12.04 billion current US$ | +16.4% |
| 1979 | 9.50 billion current US$ | -21.1% |
| 1980 | 13.46 billion current US$ | +41.7% |
| 1981 | 17.42 billion current US$ | +29.4% |
| 1982 | 12.10 billion current US$ | -30.5% |
| 1983 | 9.47 billion current US$ | -21.8% |
| 1984 | 5.41 billion current US$ | -42.9% |
| 1985 | 5.89 billion current US$ | +8.9% |
| 1986 | 3.18 billion current US$ | -46.0% |
| 1987 | 3.66 billion current US$ | +15.0% |
| 1988 | 3.65 billion current US$ | -0.2% |
| 1989 | 3.24 billion current US$ | -11.3% |
| 1990 | 4.05 billion current US$ | +25.3% |
| 1991 | 5.17 billion current US$ | +27.5% |
| 1992 | 9.02 billion current US$ | +74.5% |
| 1993 | 7.42 billion current US$ | -17.7% |
| 1994 | 5.29 billion current US$ | -28.7% |
| 1995 | 5.65 billion current US$ | +6.9% |
| 1996 | 6.63 billion current US$ | +17.2% |
| 1997 | 6.99 billion current US$ | +5.6% |
| 1998 | 7.60 billion current US$ | +8.6% |
| 1999 | 7.68 billion current US$ | +1.1% |
| 2000 | 5.79 billion current US$ | -24.6% |
| 2001 | 7.91 billion current US$ | +36.6% |
| 2002 | 8.72 billion current US$ | +10.2% |
| 2003 | 20.11 billion current US$ | +130.6% |
| 2004 | 24.83 billion current US$ | +23.5% |
| 2005 | 31.06 billion current US$ | +25.1% |
| 2006 | 38.47 billion current US$ | +23.9% |
| 2007 | 45.19 billion current US$ | +17.5% |
| 2008 | 69.22 billion current US$ | +53.2% |
| 2009 | 55.20 billion current US$ | -20.3% |
| 2010 | 62.43 billion current US$ | +13.1% |
| 2011 | 82.34 billion current US$ | +31.9% |
| 2012 | 71.67 billion current US$ | -13.0% |
| 2013 | 80.80 billion current US$ | +12.7% |
| 2014 | 79.73 billion current US$ | -1.3% |
| 2015 | 57.17 billion current US$ | -28.3% |
| 2016 | 44.61 billion current US$ | -22.0% |
| 2017 | 56.93 billion current US$ | +27.6% |
| 2018 | 61.79 billion current US$ | +8.5% |
| 2019 | 65.38 billion current US$ | +5.8% |
| 2020 | 55.37 billion current US$ | -15.3% |
| 2021 | 51.89 billion current US$ | -6.3% |
| 2022 | 62.83 billion current US$ | +21.1% |
| 2023 | 64.30 billion current US$ | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 589.86 million current US$ | 481.20 million current US$ | 720.70 million current US$ | 10 |
| 1970s | 5.35 billion current US$ | 973.60 million current US$ | 12.04 billion current US$ | 10 |
| 1980s | 7.75 billion current US$ | 3.18 billion current US$ | 17.42 billion current US$ | 10 |
| 1990s | 6.55 billion current US$ | 4.05 billion current US$ | 9.02 billion current US$ | 10 |
| 2000s | 30.65 billion current US$ | 5.79 billion current US$ | 69.22 billion current US$ | 10 |
| 2010s | 66.29 billion current US$ | 44.61 billion current US$ | 82.34 billion current US$ | 10 |
| 2020s | 58.60 billion current US$ | 51.89 billion current US$ | 64.30 billion current US$ | 4 |
Countries ranked near Nigeria
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$), annual growth rate 4.03 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports by the reporting economy (current us$), gaps in Nigeria?
- Merchandise imports by the reporting economy (current us$), gaps in Nigeria was 64.30 billion current US$ in 2023, according to Statizoid (derived).
- What is the highest merchandise imports by the reporting economy (current us$), gaps recorded in Nigeria?
- The highest recorded value was 82.34 billion current US$ in 2011.
- What is the lowest merchandise imports by the reporting economy (current us$), gaps recorded in Nigeria?
- The lowest recorded value was 481.20 million current US$ in 1968.
- How does Nigeria rank for merchandise imports by the reporting economy (current us$), gaps?
- Nigeria ranks 49th out of 206 countries with data for 2023.
- Is merchandise imports by the reporting economy (current us$), gaps rising or falling in Nigeria?
- Over the last ten years it is down 20.4%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of Merchandise imports by the reporting economy (current US$), gaps filled. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Merchandise imports by the reporting economy (current US$) with 55 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.
Computed from
- Merchandise imports by the reporting economy Staff estimates, World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Merchandise imports by the reporting economy (current US$) with 55 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.