Exports Merchandise, Customs, current US$, millions, seas. adj. in Nigeria

Nigeria: Exports Merchandise, Customs, current US$, millions, seas. adj. was 37.83 in 2025. ◆ Volatile

Latest (2025)
37.83
Change on year
up 5.0%
World rank
120th
of 127 countries
All-time high
726.38
in 2008
All-time low
36.04
in 2024
Years of data
18
2008–2025

Exports Merchandise, Customs, current US$, millions, seas. adj. in Nigeria, 2008–2025

02004006008002008201620252008: 726.42009: 378.92010: 521.12011: 623.82012: 594.72013: 596.52014: 502.12015: 232.22016: 139.22017: 136.92018: 169.42019: 1802020: 95.12021: 114.62022: 151.22023: 92.52024: 362025: 37.8

Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.

Analysis

The most recent figure for exports merchandise, customs, current us$, millions, seas. adj. in Nigeria is 37.83, measured in 2025.

Compared with earlier readings it is up 5.0% on the previous year and down 83.7% over ten years.

Over the whole period, exports merchandise, customs, current us$, millions, seas. adj. in Nigeria peaked at 726.38 in 2008 and was at its lowest, 36.04, in 2024.

That places Nigeria 120th out of 127 countries with data for 2025, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Exports Merchandise, Customs, current US$, millions, seas. adj. in Nigeria, year by year

Annual values for Exports Merchandise, Customs, current US$, millions, seas. adj. in Nigeria, 2008 to 2025.
Year Value Change
2008 726.38 —
2009 378.88 -47.8%
2010 521.08 +37.5%
2011 623.77 +19.7%
2012 594.7 -4.7%
2013 596.53 +0.3%
2014 502.15 -15.8%
2015 232.23 -53.8%
2016 139.22 -40.0%
2017 136.88 -1.7%
2018 169.37 +23.7%
2019 180.03 +6.3%
2020 95.13 -47.2%
2021 114.58 +20.4%
2022 151.23 +32.0%
2023 92.48 -38.9%
2024 36.04 -61.0%
2025 37.83 +5.0%

Nigeria compared with similar countries

  • Nigeria's 37.83 is below the median for lower middle income countries, which is 12,769, 0% of the median. (22 countries reporting)
  • Nigeria's 37.83 is below the median for Sub-Saharan Africa, which is 2,656, 1% of the median. (21 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 552.63 378.88 726.38 2
2010s 369.6 136.88 623.77 10
2020s 87.88 36.04 151.23 6

Countries ranked near Nigeria

  1. 117 Slovenia 81.01 compare
  2. 118 Central African Republic 76.26 compare
  3. 119 Kuwait 68.84 compare
  4. 121 Croatia 28.29 compare
  5. 122 Samoa 25.74 compare
  6. 123 Dominica 23.98 compare

See the full ranking of 137 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is exports merchandise, customs, current us$, millions, seas. adj. in Nigeria?
Exports merchandise, customs, current us$, millions, seas. adj. in Nigeria was 37.83 in 2025, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
What is the highest exports merchandise, customs, current us$, millions, seas. adj. recorded in Nigeria?
The highest recorded value was 726.38 in 2008.
What is the lowest exports merchandise, customs, current us$, millions, seas. adj. recorded in Nigeria?
The lowest recorded value was 36.04 in 2024.
How does Nigeria rank for exports merchandise, customs, current us$, millions, seas. adj.?
Nigeria ranks 120th out of 127 countries with data for 2025.
Is exports merchandise, customs, current us$, millions, seas. adj. rising or falling in Nigeria?
Over the last ten years it is down 83.7%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Exports Merchandise, Customs, current US$, millions, seas. adj.. Statizoid updates them automatically from the source API.

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Exports Merchandise, Customs, current US$, millions, seas. adj. in Nigeria. Statizoid, drawing on World Bank staff calculations based on Datastream and IMF International Finance Statistics data. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/exports-merchandise-customs-current-us-millions-seas-adj/nigeria/

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About this data

Indicator
Exports Merchandise, Customs, current US$, millions, seas. adj.
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
137 places, 4,327 data points, 1991–2025
Last refreshed

Merchandise (goods) exports, free on board (f.o.b.), in current US$ millions, seasonally adjusted.