Nigeria Balance of Trade. Statistics and Historical Data
Nigeria Trade Balance Data
| Indicator | Data | Period |
|---|---|---|
| Balance of Trade | 1741086 NGN Million | 2.28 B USD | Jun/23 |
Latest data on Balance of Trade (NGN Million)
What is trade balance of Nigeria?
- Trade Balance deficit in Nigeria increased to 1741086 NGN Million (2.28 B USD) in June 2023. The maximum value was 2177553 NGN Million and minimum was -1507543 NGN Million.
- Data published Monthly by National Bureau of Statistics.
Historical Data (NGN Million) by years
Data
Period
Date
| 1741086 | Jun/23 | 11.09.2023 |
| 908496 | Mar/23 | 06.06.2023 |
| 1117350 | Dec/22 | 09.03.2023 |
| 402412 | Sep/22 | 05.12.2022 |
| 838688 | Jun/22 | 08.09.2022 |
| 971382 | Mar/22 | 07.06.2022 |
| 83976 | Dec/21 | 15.03.2022 |
| -448235 | Sep/21 | 18.01.2022 |
Historical Chart by presidents (NGN Million)
Balance of Trade in Nigeria by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Muhammadu Buhari | 29.05.2015 - | 141756.1200 | 837066.2500 | 837066.2500 | 141756.1200 | 490.50% |
Other trade indicators in Nigeria
| Index | Updated | Actual | Previous |
| Current Account to GDP | 2022 | -0.3 % | -0.5 |
| Capital Flows | 4Q/22 | 0.853 B USD | 2.692 |
| Exports | Jun/23 | 3.964 B USD | 2.46 |
| Foreign Exchange Reserves | Sep/23 | 33.25 B USD | 33.95 |
| Imports | Jun/23 | 1.684 B USD | 3.316 |
| Terms of Trade | Jun/23 | 101 in. pt. | 101 |
Balance of Trade in other countries
| Country | Updated | Actual | Previous |
| Egypt | Jul/23 | -2.931 B USD | -2.318 |
| Kenya | Jul/23 | -0.732 B USD | -0.835 |
| Madagascar | Sep/22 | -0.35 B USD | -0.23 |
| Zimbabwe | Jul/23 | -0.18 B USD | -0.086 |
| Tanzania | 2Q/23 | -1.483 B USD | -1.579 |
| Togo | May/17 | -0.076 B USD | -0.03 |
| Tunisia | Jun/23 | -1.85 B USD | -0.581 |
| Nigeria | Jun/23 | 2.28 B USD | -0.856 |
| Sudan | Dec/22 | -0.83 B USD | -0.734 |
| Morocco | Aug/23 | -2.35 B USD | -2.752 |
| Senegal | Jul/23 | -0.542 B USD | -0.566 |
| Seychelles | Aug/23 | -0.058 B USD | -0.059 |
| South Africa | Aug/23 | 0.706 B USD | 0.821 |
| Uganda | Aug/23 | -0.541 B USD | -0.412 |
| Rwanda | Aug/23 | -0.337 B USD | -0.315 |
| Liberia | Jun/23 | -0.026 B USD | -0.027 |
| Zambia | Aug/23 | 2.307 B USD | 2.332 |
| Mozambique | 2Q/23 | -0.253 B USD | -0.373 |
| Namibia | 2Q/23 | -0.342 B USD | -0.431 |
| Ghana | Aug/23 | 0.113 B USD | 0.119 |
| Swaziland | 4Q/22 | 0.046 B USD | 0.048 |
| Libya | 2022 | 3.919 B USD | 3.317 |
| South Sudan | 2016 | -0.016 B USD | -0.01 |
| Somalia | 2022 | -3.395 B USD | -4.613 |
| Algeria | Sep/22 | 8.305 B USD | 6.966 |
| Angola | 1Q/23 | 4.639 B USD | 5.82 |
| Benin | 2Q/23 | -0.563 B USD | -0.751 |
| Botswana | Jul/23 | 0.052 B USD | 0.047 |
| Burkina Faso | 1Q/23 | -0.251 B USD | -0.325 |
| Burundi | Aug/23 | -0.091 B USD | -0.081 |
| Chad | 2021 | 0.189 B USD | -0.357 |
| Comoros | 2021 | -0.263 B USD | -0.241 |
| Republic of the Congo | 2021 | 3.94 B USD | 1.923 |
| Djibouti | 2022 | 0.273 B USD | 0.346 |
| Eritrea | 2022 | -0.712 B USD | -0.595 |
| Ethiopia | 1Q/23 | -3.29 B USD | -3.726 |
| Gabon | 2021 | 3.8 B USD | 2.742 |
| Gambia | 4Q/22 | -2559.754 B USD | -5119.837 |
| Guatemala | Jul/23 | -1.351 B USD | -1.38 |
| Guinea | 2Q/23 | 1.389 B USD | 0.992 |
| Guinea Bissau | 2022 | 0 B USD | 0 |
| Lesotho | 1Q/23 | -0.196 B USD | -0.184 |
| Malawi | Jul/23 | -0.167 B USD | -0.146 |
| Mali | 4Q/22 | -0.387 B USD | -0.319 |
| Mauritania | 2Q/23 | -0.016 B USD | -0.033 |
| Niger | 1Q/23 | -0.848 B USD | -1.229 |
| Sao Tome and Principe | 2Q/23 | -0.013 B USD | -0.017 |
| Sierra Leone | Dec/22 | -0.062 B USD | -0.114 |
