Exports Merchandise, Customs, current US$, millions in Nigeria

Nigeria: Exports Merchandise, Customs, current US$, millions was 37.8 in 2025. ◆ Volatile

Latest (2025)
37.8
Change on year
up 4.9%
World rank
121st
of 128 countries
All-time high
729.24
in 2008
All-time low
36.03
in 2024
Years of data
18
2008–2025

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

02004006008002008201620252008: 729.22009: 378.52010: 519.92011: 623.42012: 593.82013: 597.42014: 501.92015: 2322016: 139.32017: 136.82018: 169.32019: 179.92020: 952021: 114.62022: 151.22023: 92.52024: 362025: 37.8

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

Analysis

Nigeria recorded 37.8 for exports merchandise, customs, current us$, millions in 2025.

Compared with earlier readings it is up 4.9% on the previous year and down 83.7% over ten years.

Over the whole period, exports merchandise, customs, current us$, millions in Nigeria peaked at 729.24 in 2008 and was at its lowest, 36.03, in 2024.

That places Nigeria 121st out of 128 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 in Nigeria, year by year

Annual values for Exports Merchandise, Customs, current US$, millions in Nigeria, 2008 to 2025.
Year Value Change
2008 729.24 —
2009 378.51 -48.1%
2010 519.89 +37.4%
2011 623.39 +19.9%
2012 593.76 -4.8%
2013 597.37 +0.6%
2014 501.91 -16.0%
2015 232 -53.8%
2016 139.3 -40.0%
2017 136.83 -1.8%
2018 169.27 +23.7%
2019 179.94 +6.3%
2020 95.02 -47.2%
2021 114.63 +20.6%
2022 151.21 +31.9%
2023 92.51 -38.8%
2024 36.03 -61.1%
2025 37.8 +4.9%

Nigeria compared with similar countries

  • Nigeria's 37.8 is below the median for lower middle income countries, which is 14,522, 0% of the median. (22 countries reporting)
  • Nigeria's 37.8 is below the median for Sub-Saharan Africa, which is 2,685, 1% of the median. (22 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 553.88 378.51 729.24 2
2010s 369.37 136.83 623.39 10
2020s 87.87 36.03 151.21 6

Countries ranked near Nigeria

  1. 118 Slovenia 80.78 compare
  2. 119 Central African Republic 74.35 compare
  3. 120 Kuwait 68.89 compare
  4. 122 Croatia 28.31 compare
  5. 123 Samoa 25.75 compare
  6. 124 Dominica 24 compare

See the full ranking of 138 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is exports merchandise, customs, current us$, millions in Nigeria?
Exports merchandise, customs, current us$, millions in Nigeria was 37.8 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$, millions recorded in Nigeria?
The highest recorded value was 729.24 in 2008.
What is the lowest exports merchandise, customs, current us$, millions recorded in Nigeria?
The lowest recorded value was 36.03 in 2024.
How does Nigeria rank for exports merchandise, customs, current us$, millions?
Nigeria ranks 121st out of 128 countries with data for 2025.
Is exports merchandise, customs, current us$, millions 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. Statizoid updates them automatically from the source API.

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Exports Merchandise, Customs, current US$, millions in Nigeria. Statizoid, drawing on World Bank staff calculations based on Datastream and IMF International Finance Statistics data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/exports-merchandise-customs-current-us-millions/nigeria/

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About this data

Indicator
Exports Merchandise, Customs, current US$, millions
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
138 places, 4,297 data points, 1991–2025
Last refreshed

Merchandise (goods) exports, free on board (f.o.b.), in current US$ millions, not seasonally adjusted.