Imports Merchandise, Customs, current US$, millions, seas. adj. in Nigeria
Nigeria: Imports Merchandise, Customs, current US$, millions, seas. adj. was 43,248 in 2024. ◆ Volatile
Imports Merchandise, Customs, current US$, millions, seas. adj. in Nigeria, 1991–2024
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
Nigeria recorded 43,248 for imports merchandise, customs, current us$, millions, seas. adj. in 2024.
The figure is down 15.4% on the previous year and down 32.2% over ten years.
Over the whole period, imports merchandise, customs, current us$, millions, seas. adj. in Nigeria peaked at 70,542 in 2011 and was at its lowest, 7,375, in 1994.
Nigeria ranks 63rd of 121 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Imports Merchandise, Customs, current US$, millions, seas. adj. in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 9,050 | — |
| 1992 | 8,297 | -8.3% |
| 1993 | 7,529 | -9.3% |
| 1994 | 7,375 | -2.0% |
| 1995 | 34,441 | +367.0% |
| 1996 | 25,718 | -25.3% |
| 1997 | 38,727 | +50.6% |
| 1998 | 38,238 | -1.3% |
| 1999 | 9,064 | -76.3% |
| 2000 | 9,390 | +3.6% |
| 2001 | 11,750 | +25.1% |
| 2002 | 12,357 | +5.2% |
| 2003 | 15,621 | +26.4% |
| 2004 | 14,829 | -5.1% |
| 2005 | 21,178 | +42.8% |
| 2006 | 24,188 | +14.2% |
| 2007 | 31,124 | +28.7% |
| 2008 | 47,008 | +51.0% |
| 2009 | 36,601 | -22.1% |
| 2010 | 54,072 | +47.7% |
| 2011 | 70,542 | +30.5% |
| 2012 | 61,476 | -12.9% |
| 2013 | 59,259 | -3.6% |
| 2014 | 63,792 | +7.7% |
| 2015 | 55,978 | -12.3% |
| 2016 | 36,673 | -34.5% |
| 2017 | 32,350 | -11.8% |
| 2018 | 37,177 | +14.9% |
| 2019 | 56,635 | +52.3% |
| 2020 | 53,831 | -5.0% |
| 2021 | 56,366 | +4.7% |
| 2022 | 63,627 | +12.9% |
| 2023 | 51,129 | -19.6% |
| 2024 | 43,248 | -15.4% |
Nigeria compared with similar countries
- Nigeria's 43,248 is above the median for lower middle income countries, which is 21,190, 2.0× the median. (19 countries reporting)
- Nigeria's 43,248 is above the median for Sub-Saharan Africa, which is 4,455, 9.7× the median. (17 countries reporting)
Biggest year-on-year movements
Years where Imports Merchandise, Customs, current US$, millions, seas. adj. in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +367.0% | 7,375 | 34,441 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19,826 | 7,375 | 38,727 | 9 |
| 2000s | 22,405 | 9,390 | 47,008 | 10 |
| 2010s | 52,795 | 32,350 | 70,542 | 10 |
| 2020s | 53,640 | 43,248 | 63,627 | 5 |
Countries ranked near Nigeria
More reference data data for Nigeria
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.77 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 19.51 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 27 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 27 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 5.94 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 5.8 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 81.9 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 121.16 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 14.27 (2050)
Frequently asked questions
- What is imports merchandise, customs, current us$, millions, seas. adj. in Nigeria?
- Imports merchandise, customs, current us$, millions, seas. adj. in Nigeria was 43,248 in 2024, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
- What is the highest imports merchandise, customs, current us$, millions, seas. adj. recorded in Nigeria?
- The highest recorded value was 70,542 in 2011.
- What is the lowest imports merchandise, customs, current us$, millions, seas. adj. recorded in Nigeria?
- The lowest recorded value was 7,375 in 1994.
- How does Nigeria rank for imports merchandise, customs, current us$, millions, seas. adj.?
- Nigeria ranks 63rd out of 121 countries with data for 2024.
- Is imports merchandise, customs, current us$, millions, seas. adj. rising or falling in Nigeria?
- Over the last ten years it is down 32.2%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Imports Merchandise, Customs, current US$, millions, seas. adj.. Statizoid updates them automatically from the source API.
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About this data
Merchandise (goods) imports, cost, insurance and freight basis (c.i.f.), in current US$ millions, seasonally adjusted.