Nigeria Balance of Trade. Statistics and Historical Data
Nigeria Trade Balance Data
| Indicator | Data | Period |
|---|---|---|
| Balance of Trade | -1123290 NGN Million | -2.73 B USD | Mar/21 |
Latest data on Balance of Trade (NGN Million)
What is trade balance of Nigeria?
- Trade Balance deficit in Nigeria increased to 1123290 NGN Million (2.73 B USD) in March 2021. 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
| -679470 | Jun/21 | 07.09.2021 |
| -1123290 | Mar/21 | 07.06.2021 |
| -588677 | Dec/20 | 09.03.2021 |
| -830085 | Sep/20 | 10.12.2020 |
| -807170 | Jun/20 | 05.09.2020 |
| -162246 | Mar/20 | 10.06.2020 |
| 362685 | Dec/19 | 09.03.2020 |
| 1079173 | Sep/19 | 13.12.2019 |
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 | 2020 | -4.2 % | -3.3 |
| Balance of Trade | Mar/21 | -2.73 B USD | -3.663 |
| Exports | Mar/21 | 2.601 B USD | 2.306 |
| Foreign Exchange Reserves | Jun/21 | 33.42 B USD | 34.25 |
| Imports | Mar/21 | 5.33 B USD | 5.97 |
| Terms of Trade | Dec/20 | 100 in. pt. | 100 |
Balance of Trade in other countries
| Country | Updated | Actual | Previous |
| Egypt | Mar/21 | -2.686 B USD | -3.339 |
| Kenya | Apr/21 | -0.954 B USD | -1.101 |
| Madagascar | Mar/21 | -0.174 B USD | -0.143 |
| Zimbabwe | Feb/21 | -0.111 B USD | -0.177 |
| Tanzania | 1Q/21 | -0.82 B USD | -0.177 |
| Togo | May/17 | -0.076 B USD | -0.03 |
| Tunisia | Jun/21 | -0.575 B USD | -0.549 |
| Nigeria | Mar/21 | -2.73 B USD | -3.663 |
| Sudan | Mar/21 | -0.223 B USD | -0.207 |
| Morocco | May/21 | -1.985 B USD | -1.97 |
| Senegal | May/21 | -0.353 B USD | -0.494 |
| Seychelles | May/21 | -0.02 B USD | -0.025 |
| South Africa | May/21 | 3.802 B USD | 3.569 |
| Uganda | May/21 | -0.471 B USD | -0.398 |
| Rwanda | Apr/21 | -0.162 B USD | -0.193 |
| Liberia | Apr/21 | 0.023 B USD | -0.003 |
| Zambia | Feb/21 | 8.097 B USD | 9.32 |
| Mozambique | 1Q/21 | -0.508 B USD | -0.427 |
| Namibia | 1Q/21 | -0.575 B USD | -0.242 |
| Ghana | Apr/21 | 0.138 B USD | 0.185 |
| Swaziland | 4Q/20 | 0.076 B USD | 0.123 |
| Libya | 2019 | 3.272 B USD | 4.857 |
| South Sudan | 2016 | -0.016 B USD | -0.01 |
| Somalia | 2019 | -3.19 B USD | -2.936 |
| Algeria | Dec/19 | -1.4 B USD | -2.1 |
| Angola | 1Q/21 | 4.383 B USD | 3.141 |
| Benin | 1Q/21 | -0.443 B USD | -0.515 |
| Botswana | Apr/21 | -0.174 B USD | -0.011 |
| Burkina Faso | 4Q/20 | 0.131 B USD | 0.126 |
| Burundi | Dec/20 | -0.066 B USD | -0.052 |
| Chad | 2020 | 1.036 B USD | 2.155 |
| Comoros | 2020 | -0.269 B USD | -0.249 |
| Republic of the Congo | 2019 | 0.4 B USD | 0.994 |
| Djibouti | 2019 | -0.142 B USD | -0.081 |
| Eritrea | 2019 | -0.404 B USD | -0.397 |
| Ethiopia | 4Q/20 | -2.599 B USD | -2.646 |
| Gabon | 2019 | 3.077 B USD | 2.69 |
| Gambia | 2Q/21 | -2491.785 B USD | -2595.642 |
| Guatemala | Mar/21 | -0.883 B USD | -0.673 |
| Guinea | 1Q/21 | 0.585 B USD | 1.346 |
| Guinea Bissau | 2020 | 0 B USD | 0 |
| Lesotho | 4Q/20 | -0.212 B USD | -0.249 |
| Malawi | Jan/21 | -0.11 B USD | -0.196 |
| Mali | 4Q/20 | -0.41 B USD | -0.278 |
| Mauritania | 4Q/21 | 0.063 B USD | 0.047 |
| Niger | 1Q/20 | -0.49 B USD | -0.694 |
| Sao Tome and Principe | 1Q/21 | -0.011 B USD | -0.011 |
| Sierra Leone | Apr/20 | -0.883 B USD | -0.051 |
