Libya vs Nigeria: Net trade in goods
Libya
13.88 billion BoP, current US$
in 2023
Nigeria
14.51 billion BoP, current US$
in 2025
Libya rank
30th
Nigeria rank
29th
Net trade in goods over time
- Libya
- Nigeria
How they compare
Nigeria currently reports 14.51 billion BoP, current US$ against 13.88 billion BoP, current US$ in Libya, a difference of 627.10 million BoP, current US$.
The two have swapped places 8 times across 47 shared years of data; in 1977 it was Libya ahead.
Libya ranks 30th and Nigeria ranks 29th of 198 countries.
Across the 6 decades both report, Libya averaged higher in 3 and Nigeria in 3.
Head to head by decade
| Decade | Libya | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 5.65 billion BoP, current US$ | 2.15 billion BoP, current US$ | 3.50 billion BoP, current US$ | Libya |
| 1980s | 2.74 billion BoP, current US$ | 2.71 billion BoP, current US$ | 38.18 million BoP, current US$ | Libya |
| 1990s | 2.02 billion BoP, current US$ | 3.40 billion BoP, current US$ | 1.38 billion BoP, current US$ | Nigeria |
| 2000s | 15.70 billion BoP, current US$ | 22.28 billion BoP, current US$ | 6.58 billion BoP, current US$ | Nigeria |
| 2010s | 9.67 billion BoP, current US$ | 19.48 billion BoP, current US$ | 9.81 billion BoP, current US$ | Nigeria |
| 2020s | 12.37 billion BoP, current US$ | -1.72 billion BoP, current US$ | 14.09 billion BoP, current US$ | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net trade in goods, Libya or Nigeria?
- Nigeria, at 14.51 billion BoP, current US$ against 13.88 billion BoP, current US$ in Libya as of 2025.
- What is the difference in net trade in goods between Libya and Nigeria?
- 627.10 million BoP, current US$, with Nigeria ahead.
- How many years of comparable data are there for Libya and Nigeria?
- 47 years are reported by both, from 1977 to 2023.
- How do Libya and Nigeria rank globally for net trade in goods?
- Libya ranks 30th and Nigeria ranks 29th of 198 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.