Nigeria Balance of Trade. Statistics and Historical Data
Nigeria Trade Balance Data
| Indicator | Data | Period |
|---|---|---|
| Balance of Trade | 402412 NGN Million | 0.874 B USD | Sep/22 |
Latest data on Balance of Trade (NGN Million)
What is trade balance of Nigeria?
- Trade Balance deficit in Nigeria increased to 402412 NGN Million (0.874 B USD) in September 2022. 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
| 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 |
| -679470 | Jun/21 | 07.09.2021 |
| -1123290 | Mar/21 | 07.06.2021 |
| -588677 | Dec/20 | 09.03.2021 |
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 | 2021 | -0.5 % | -3.9 |
| Capital Flows | 2Q/22 | 3.07 B USD | -0.785 |
| Exports | Sep/22 | 3.897 B USD | 4.254 |
| Foreign Exchange Reserves | Jan/23 | 37.04 B USD | 37.08 |
| Imports | Sep/22 | 3.023 B USD | 4.4 |
| Terms of Trade | Sep/22 | 102 in. pt. | 102 |
Balance of Trade in other countries
| Country | Updated | Actual | Previous |
| Egypt | Nov/22 | -2.155 B USD | -3.579 |
| Kenya | Nov/22 | -0.968 B USD | -0.968 |
| Madagascar | Jun/22 | -0.105 B USD | -0.175 |
| Zimbabwe | Nov/22 | -0.127 B USD | -0.26 |
| Tanzania | 3Q/22 | -2.276 B USD | -1.578 |
| Togo | May/17 | -0.076 B USD | -0.03 |
| Tunisia | Dec/22 | -0.636 B USD | -0.644 |
| Nigeria | Sep/22 | 0.874 B USD | -0.146 |
| Sudan | Sep/22 | -0.804 B USD | -0.486 |
| Morocco | Dec/22 | -2.547 B USD | -2.536 |
| Senegal | Nov/22 | -0.611 B USD | -0.616 |
| Seychelles | Dec/22 | -0.071 B USD | -0.07 |
| South Africa | Dec/22 | 0.311 B USD | 0.417 |
| Uganda | Nov/22 | -0.443 B USD | -0.452 |
| Rwanda | Nov/22 | -0.292 B USD | -0.302 |
| Liberia | Oct/22 | -0.114 B USD | -0.079 |
| Zambia | Nov/22 | 2.774 B USD | 2.838 |
| Mozambique | 3Q/22 | -4.781 B USD | -0.146 |
| Namibia | 3Q/22 | -0.706 B USD | -0.543 |
| Ghana | Oct/22 | 0.127 B USD | 0.06 |
| Swaziland | 2Q/22 | -0.032 B USD | -0.007 |
| Libya | 2020 | 0.664 B USD | 3.32 |
| South Sudan | 2016 | -0.016 B USD | -0.01 |
| Somalia | 2021 | -3.148 B USD | -2.792 |
| Algeria | Sep/22 | 6.32 B USD | 6.596 |
| Angola | 2Q/22 | 9.164 B USD | 8.981 |
| Benin | 2Q/22 | -0.515 B USD | -0.546 |
| Botswana | Nov/22 | 0.11 B USD | -0.229 |
| Burkina Faso | 3Q/22 | -0.646 B USD | -0.155 |
| Burundi | Oct/22 | -0.07 B USD | -0.098 |
| Chad | 2021 | 0.194 B USD | -0.367 |
| Comoros | 2021 | -0.271 B USD | -0.248 |
| Republic of the Congo | 2020 | 1.923 B USD | 0.241 |
| Djibouti | 2021 | 0.553 B USD | -0.125 |
| Eritrea | 2019 | -0.404 B USD | -0.397 |
| Ethiopia | 2Q/22 | -3.838 B USD | -3.552 |
| Gabon | 2021 | 3.901 B USD | 2.815 |
| Gambia | 1Q/22 | -4140.07 B USD | -3197.031 |
| Guatemala | Nov/22 | -1.462 B USD | -1.419 |
| Guinea | 3Q/22 | 0.48 B USD | 1.149 |
| Guinea Bissau | 2021 | 0 B USD | 0 |
| Lesotho | 2Q/22 | -0.192 B USD | -0.175 |
| Malawi | Jun/22 | -0.03 B USD | -0.051 |
| Mali | 3Q/22 | -0.327 B USD | -0.246 |
| Mauritania | 3Q/22 | -0.044 B USD | -0.028 |
| Niger | 3Q/22 | -0.644 B USD | -0.625 |
| Sao Tome and Principe | 4Q/22 | -0.017 B USD | -0.013 |
| Sierra Leone | Sep/22 | -0.151 B USD | -0.075 |
