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Topic Overview Largest Countries by Population U.S. States by Population U.S. and World Cities by Population

Nigeria Trade Balance 1960-2022

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 2020 was $-33.46B, a 33.77% increase from 2019.
  • Nigeria trade balance for 2019 was $-25.01B, a 212.69% increase from 2018.
  • Nigeria trade balance for 2018 was $-8.00B, a 47477.51% increase from 2017.
  • Nigeria trade balance for 2017 was $-0.02B, a 99.82% decline from 2016.
  
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
Indonesia $12.13B
Vietnam $7.93B
Angola $4.96B
Myanmar $1.15B
Mongolia $0.58B
Djibouti $0.44B
Congo, Rep. $0.22B
Sudan $0.08B
Solomon Islands $-0.13B
Vanuatu $-0.20B
Cambodia $-0.37B
Cabo Verde $-0.60B
Nicaragua $-0.61B
Mauritania $-0.65B
Kyrgyz Republic $-1.57B
Ukraine $-1.64B
Cameroon $-2.27B
Kosovo $-2.49B
Moldova $-2.68B
Georgia $-2.95B
Honduras $-3.64B
El Salvador $-4.53B
Sri Lanka $-5.13B
West Bank and Gaza $-5.45B
Uzbekistan $-6.01B
India $-8.31B
Morocco $-8.71B
Kenya $-8.79B
Pakistan $-18.60B
Bangladesh $-20.76B
Egypt $-27.56B
Philippines $-28.19B
Nigeria $-33.46B
Nigeria Trade Balance - Historical Data
Year Billions of US $ % of GDP
2020 $-33.46B -7.74%
2019 $-25.01B -5.58%
2018 $-8.00B -2.01%
2017 $-0.02B -0.00%
2016 $-9.25B -2.29%
2015 $-0.00B 0.00%
2014 $32.72B 5.99%
2013 $25.69B 5.05%
2012 $84.54B 18.56%
2011 $40.32B 9.96%
2010 $28.92B 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%