Africa's Development Dynamics (AfDD) Table 28 - International trade in Nigeria
Nigeria: Africa's Development Dynamics (AfDD) Table 28 - International trade was 418.17 Percentage of merchandise value in 2020. ▲ Rising
Africa's Development Dynamics (AfDD) Table 28 - International trade in Nigeria, 2000–2020
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of merchandise value.
Analysis
Nigeria recorded 418.17 Percentage of merchandise value for africa's development dynamics (afdd) table 28 - international trade in 2020.
That represents a change of up 11.4% on the previous year and down 0.8% over ten years.
Over the whole period, africa's development dynamics (afdd) table 28 - international trade in Nigeria peaked at 509.8 Percentage of merchandise value in 2015 and was at its lowest, 333.5 Percentage of merchandise value, in 2007.
Nigeria ranks 7th of 42 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Africa's Development Dynamics (AfDD) Table 28 - International trade in Nigeria, year by year
| Year | Percentage of merchandise value | Change |
|---|---|---|
| 2000 | 397.23 Percentage of merchandise value | — |
| 2001 | 357.15 Percentage of merchandise value | -10.1% |
| 2002 | 342.09 Percentage of merchandise value | -4.2% |
| 2003 | 339.91 Percentage of merchandise value | -0.6% |
| 2004 | 359.67 Percentage of merchandise value | +5.8% |
| 2005 | 344.68 Percentage of merchandise value | -4.2% |
| 2006 | 337.25 Percentage of merchandise value | -2.2% |
| 2007 | 333.5 Percentage of merchandise value | -1.1% |
| 2008 | 376.88 Percentage of merchandise value | +13.0% |
| 2009 | 417.75 Percentage of merchandise value | +10.8% |
| 2010 | 421.57 Percentage of merchandise value | +0.9% |
| 2011 | 341.95 Percentage of merchandise value | -18.9% |
| 2012 | 364.05 Percentage of merchandise value | +6.5% |
| 2013 | 346.72 Percentage of merchandise value | -4.8% |
| 2014 | 469.65 Percentage of merchandise value | +35.5% |
| 2015 | 509.8 Percentage of merchandise value | +8.5% |
| 2016 | 476.36 Percentage of merchandise value | -6.6% |
| 2017 | 416.79 Percentage of merchandise value | -12.5% |
| 2018 | 405.15 Percentage of merchandise value | -2.8% |
| 2019 | 375.46 Percentage of merchandise value | -7.3% |
| 2020 | 418.17 Percentage of merchandise value | +11.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 360.61 Percentage of merchandise value | 333.5 Percentage of merchandise value | 417.75 Percentage of merchandise value | 10 |
| 2010s | 412.75 Percentage of merchandise value | 341.95 Percentage of merchandise value | 509.8 Percentage of merchandise value | 10 |
| 2020s | 418.17 Percentage of merchandise value | 418.17 Percentage of merchandise value | 418.17 Percentage of merchandise value | 1 |
Countries ranked near Nigeria
- 4 Comoros 462.24 Percentage of merchandise value compare
- 5 Guinea-Bissau 429.48 Percentage of merchandise value compare
- 5 Eswatini 91.89 Percentage of merchandise value compare
- 6 Benin 425.77 Percentage of merchandise value compare
- 6 Lesotho 86.34 Percentage of merchandise value compare
- 8 Gabon 393.88 Percentage of merchandise value compare
- 9 Togo 382.85 Percentage of merchandise value compare
- 10 Sao Tome and Principe 359.64 Percentage of merchandise value compare
More economy & growth data for Nigeria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.32 Percent per annum (2029)
- Manufacturing, value added (constant LCU), per capita 75,054 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 4.17 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1644 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 201.31 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 7.02 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 249.67 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 305,664 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 4.57 % change on previous year (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 28 - international trade in Nigeria?
- Africa's development dynamics (afdd) table 28 - international trade in Nigeria was 418.17 Percentage of merchandise value in 2020, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 28 - international trade recorded in Nigeria?
- The highest recorded value was 509.8 Percentage of merchandise value in 2015.
- What is the lowest africa's development dynamics (afdd) table 28 - international trade recorded in Nigeria?
- The lowest recorded value was 333.5 Percentage of merchandise value in 2007.
- How does Nigeria rank for africa's development dynamics (afdd) table 28 - international trade?
- Nigeria ranks 7th out of 42 countries with data for 2020.
- Is africa's development dynamics (afdd) table 28 - international trade rising or falling in Nigeria?
- Over the last ten years it is down 0.8%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 28 - International trade costs — Average cost of trade within the same AU region, primary goods. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 28 shows the average cost of importing and exporting goods calculated as a percentage of the value of goods traded, broken down by the origin and destination of the trade, whether it is with bordering countries, with countries in the same region, or the same continent.