Key data points
Last release
—
Observation period
Sep 2024
Next release
—
Forecast
—
Highest
4.13 T NGN on Jun 30, 2024
Lowest
−4.37 T NGN on Oct 31, 2023
About Nigeria Balance Of Trade
Exports of commodities (oil and natural gas) is the main factor behind Nigeria's growth and accounts for more than 91% of total exports. Europe and Asia are the country's main trade partners. Europe accounts for 43% of total sales and 34% of total imports while Asia represents 29% of total shipments and 43% of total purchases.