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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)

Balance of Trade
                     Nigeria - Historical Data (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