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Nigeria Balance of Trade. Statistics and Historical Data

Nigeria Trade Balance Data

Indicator Data Period
Balance of Trade 971382 NGN Million | 2.339 B USD Mar/22


Latest data on Balance of Trade (NGN Million)

Balance of Trade
                     Nigeria - Historical Data (NGN Million)

What is trade balance of Nigeria?

  • Trade Balance surplus in Nigeria increased to 971382 NGN Million (2.339 B USD) in March 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
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
-830085 Sep/20 10.12.2020
-807170 Jun/20 05.09.2020


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 -2.8 % -4.2
Capital Flows 3Q/21 2.574 B USD 2.106
Exports Mar/22 6.755 B USD 5.046
Foreign Exchange Reserves Jun/22 39.09 B USD 38.54
Imports Mar/22 4.416 B USD 4.942
Terms of Trade  Sep/21 101 in. pt. 102

Balance of Trade in other countries

Country Updated Actual Previous
Egypt Apr/22 -1.702 B USD -2.256
Kenya Mar/22 -1.158 B USD -0.963
Madagascar Mar/22 -0.138 B USD -0.134
Zimbabwe Nov/21 -0.036 B USD -0.178
Tanzania 1Q/22 -1.372 B USD -1.119
Togo May/17 -0.076 B USD -0.03
Tunisia Apr/22 -0.438 B USD -0.64
Nigeria Mar/22 2.339 B USD 0.104
Sudan Mar/22 -0.373 B USD -0.442
Morocco Apr/22 -2.61 B USD -2.645
Senegal Apr/22 -0.497 B USD -0.392
Seychelles May/22 -0.074 B USD -0.048
South Africa May/22 1.731 B USD 0.977
Uganda Apr/22 -0.354 B USD -0.405
Rwanda Apr/22 -0.23 B USD -0.222
Liberia Nov/21 -0.057 B USD -0.039
Zambia Jan/22 6.523 B USD 6.621
Mozambique 3Q/21 -0.476 B USD -0.814
Namibia 4Q/21 -0.338 B USD -0.544
Ghana Apr/22 0.33 B USD 0.739
Swaziland 3Q/21 0.073 B USD -0.028
Libya 2020 0.657 B USD 3.284
South Sudan 2016 -0.016 B USD -0.01
Somalia 2020 -2.792 B USD -3.473
Algeria Sep/21 0.09 B USD 0.05
Angola 4Q/21 6.878 B USD 5.557
Benin 4Q/21 -0.468 B USD -0.453
Botswana Dec/21 0.057 B USD -0.192
Burkina Faso 4Q/21 -0.09 B USD -0.02
Burundi Dec/21 -0.08 B USD -0.033
Chad 2021 0.186 B USD -0.352
Comoros 2021 -0.263 B USD -0.241
Republic of the Congo 2020 1.923 B USD 0.241
Djibouti 2020 -0.127 B USD -0.142
Eritrea 2019 -0.404 B USD -0.397
Ethiopia 4Q/21 -3.434 B USD -3.164
Gabon 2020 1.541 B USD 2.921
Gambia 1Q/22 -4140.07 B USD -3197.031
Guatemala May/21 -1.072 B USD -1.029
Guinea 4Q/21 2.864 B USD 1.407
Guinea Bissau 2020 0 B USD 0
Lesotho 3Q/21 -0.168 B USD -0.185
Malawi Mar/21 -0.13 B USD -0.093
Mali 2Q/21 -0.505 B USD -0.422
Mauritania 4Q/21 -0.023 B USD -0.028
Niger 1Q/20 -0.432 B USD -0.612
Sao Tome and Principe 3Q/21 -0.011 B USD -0.011
Sierra Leone Jun/20 -0.054 B USD -0.086