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Goods Exports (BoP, USD) in Nigeria

Source: World Bank
Last Updated: February 1, 2023

Goods exports as a part of the balance of payment reached USD 46.9 bil in 2021 in Nigeria, according to the National Statistical Office. This is 30.4% more than in the previous year.

Historically, goods exports as a part of the balance of payment in Nigeria reached an all time high of USD 99.1 bil in 2011 and an all time low of USD 2.56 bil in 1998.

Nigeria has been ranked 50th within the group of 140 countries we follow in terms of goods exports as a part of the balance of payment.

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