The current external balance of trade in goods balance in Nigeria is $8.1 billion, which has increased by $2.1 billion (34.6%) since 2022.
External balance of trade in goods balance of Nigeria
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Source:
Data availability:
Regions:
215
Date range: 1960 to 2023
Points:
13,760
Measure:
Current $
Similar regions to Nigeria
Goods balance
Nigeria Goods balance between 1977 and 2023
| Period | Goods balance | Change |
|---|---|---|
| 2023 | $8.1B | $2.1B |
| 2022 | $6.0B | $10.6B |
| 2021 | $4.6B | $11.8B |
| 2020 | $16.4B | $19.3B |
| 2019 | $2.9B | $17.6B |
| 2018 | $20.5B | $7.3B |
| 2017 | $13.1B | $13.7B |
| 2016 | $0.5B | $5.9B |
| 2015 | $6.4B | $27.5B |
| 2014 | $21.1B | $21.1B |
| 2013 | $42.2B | $3.0B |
| 2012 | $39.2B | $6.4B |
| 2011 | $32.8B | $2.7B |
| 2010 | $30.1B | $4.7B |
| 2009 | $25.4B | $20.5B |
| 2008 | $45.9B | $8.2B |
| 2007 | $37.8B | $2.8B |
| 2006 | $34.9B | $5.7B |
| 2005 | $29.2B | $9.4B |
| 2004 | $19.8B | $11.9B |
| 2003 | $7.8B | $3.1B |
| 2002 | $4.7B | $2.2B |
| 2001 | $6.9B | $3.5B |
| 2000 | $10.4B | $6.1B |
| 1999 | $4.3B | $4.4B |
| 1998 | $0.1B | $1.8B |
| 1997 | $1.7B | $1.3B |
| 1996 | $3.0B | $1.9B |
| 1995 | $1.1B | $1.9B |
| 1994 | $2.9B | $0.3B |
| 1993 | $3.2B | $1.4B |
| 1992 | $4.6B | $0.2B |
| 1991 | $4.4B | $4.2B |
| 1990 | $8.7B | $4.5B |
| 1989 | $4.2B | $1.7B |
| 1988 | $2.5B | $1.0B |
| 1987 | $3.5B | $1.5B |
| 1986 | $1.9B | $3.7B |
| 1985 | $5.7B | $2.7B |
| 1984 | $3.0B | $4.1B |
| 1983 | $1.1B | $1.6B |
| 1982 | $2.7B | $1.6B |
| 1981 | $1.1B | $12.4B |
| 1980 | $11.2B | $6.3B |
| 1979 | $4.9B | $6.1B |
| 1978 | $1.2B | $3.9B |
| 1977 | $2.7B |