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Nigeria Trade Balance 1960-2021

External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
  • Nigeria trade balance for 2018 was $-8.02B, a 47593.82% increase from 2017.
  • Nigeria trade balance for 2017 was $-0.02B, a 99.82% decline from 2016.
  • Nigeria trade balance for 2016 was $-9.25B, a 5733697.89% increase from 2015.
  • Nigeria trade balance for 2015 was $-0.00B, a 100% decline from 2014.
  
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
Angola $15.50B
Vietnam $8.23B
Congo, Rep. $4.71B
Djibouti $0.31B
Zambia $0.27B
Myanmar $0.07B
Micronesia $-0.12B
Kiribati $-0.16B
Eswatini $-0.16B
Cabo Verde $-0.37B
Cambodia $-0.42B
Sudan $-0.55B
Bhutan $-0.61B
Mongolia $-0.73B
Ghana $-0.75B
Timor-Leste $-0.90B
Lesotho $-1.12B
Nicaragua $-1.22B
Mauritania $-1.27B
Cameroon $-1.70B
Georgia $-1.87B
Bolivia $-2.07B
Kosovo $-2.31B
Moldova $-2.93B
Kyrgyz Republic $-2.95B
Honduras $-4.57B
El Salvador $-5.12B
Tunisia $-5.23B
Uzbekistan $-5.31B
West Bank and Gaza $-5.83B
Sri Lanka $-6.54B
Nigeria $-8.02B
Kenya $-8.60B
Indonesia $-11.02B
Ukraine $-11.42B
Morocco $-12.41B
Bangladesh $-23.69B
Egypt $-26.23B
Pakistan $-34.92B
Philippines $-40.71B
India $-100.38B
Nigeria Trade Balance - Historical Data
Year Billions of US $ % of GDP
2018 $-8.02B -2.01%
2017 $-0.02B -0.00%
2016 $-9.25B -2.29%
2015 $-0.00B 0.00%
2014 $34.02B 5.99%
2013 $26.01B 5.05%
2012 $85.26B 18.56%
2011 $40.85B 9.96%
2010 $29.07B 8.00%
2009 $3.51B 1.20%
2008 $35.53B 10.54%
2007 $8.64B 3.14%
2006 $38.88B 16.47%
2005 $15.87B 9.01%
2004 $11.75B 8.61%
2003 $4.37B 4.17%
2002 $6.15B 6.44%
2001 $5.05B 6.82%
2000 $16.01B 23.05%
1999 $4.87B 8.21%
1998 $-1.63B -2.99%
1997 $3.18B 5.84%
1996 $2.96B 5.79%
1995 $3.87B 8.78%
1994 $1.37B 4.04%
1993 $1.78B 6.41%
1992 $4.65B 9.72%
1991 $5.63B 11.47%
1990 $5.96B 11.02%
1989 $7.18B 16.32%
1988 $2.68B 5.40%
1987 $3.27B 6.20%
1986 $0.75B 1.36%
1985 $2.80B 3.80%
1984 $2.44B 3.32%
1983 $0.99B 1.02%
1982 $-0.56B -0.39%
1981 $-1.63B -0.99%
1980 $6.54B 10.18%
1979 $2.72B 5.75%
1978 $-1.54B -4.21%
1977 $0.85B 2.35%
1976 $-2.07B -5.71%
1975 $-1.25B -4.49%
1974 $2.64B 10.61%
1973 $0.09B 0.57%
1972 $-0.10B -0.83%
1971 $-0.26B -2.80%
1970 $-0.35B -2.81%
1969 $-0.27B -4.04%
1968 $-0.30B -5.81%
1967 $-0.33B -6.33%
1966 $-0.27B -4.21%
1965 $-0.30B -5.12%
1964 $-0.34B -6.21%
1963 $-0.25B -4.76%
1962 $-0.26B -5.29%
1961 $-0.32B -7.11%
1960 $-0.32B -7.68%