Trading across borders: Cost to import (US$ per container deflated) in Nigeria

Nigeria: Trading across borders: Cost to import (US$ per container deflated) was 1,960 DB06-15 methodology in 2014. ▼ Falling

Latest (2014)
1,960 DB06-15 methodology
Change on year
unchanged
World rank
51st
of 181 countries
All-time high
5,506 DB06-15 methodology
in 2005
All-time low
1,625 DB06-15 methodology
in 2012
Years of data
10
2005–2014

Trading across borders: Cost to import (US$ per container deflated) in Nigeria, 2005–2014

2.0k3.0k4.0k5.0k6.0k2005200920142005: 5.5k DB06-15 methodology2006: 3.2k DB06-15 methodology2007: 2.8k DB06-15 methodology2008: 3.3k DB06-15 methodology2009: 3.3k DB06-15 methodology2010: 3.4k DB06-15 methodology2011: 1.7k DB06-15 methodology2012: 1.6k DB06-15 methodology2013: 2.0k DB06-15 methodology2014: 2.0k DB06-15 methodology

Source: World Bank. Measured in DB06-15 methodology.

Analysis

Nigeria recorded 1,960 DB06-15 methodology for trading across borders: cost to import (us$ per container deflated) in 2014.

The figure is down 64.4% over ten years.

Over the whole period, trading across borders: cost to import (us$ per container deflated) in Nigeria peaked at 5,506 DB06-15 methodology in 2005 and was at its lowest, 1,625 DB06-15 methodology, in 2012.

That places Nigeria 51st out of 181 countries with data for 2014, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 3,610 DB06-15 methodology 2,758 DB06-15 methodology 5,506 DB06-15 methodology 5
2010s 2,129 DB06-15 methodology 1,625 DB06-15 methodology 3,414 DB06-15 methodology 5

Countries ranked near Nigeria

  1. 48 Guinea-Bissau 2,006 DB06-15 methodology compare
  2. 49 Eritrea 2,000 DB06-15 methodology compare
  3. 50 Cote d'Ivoire 1,960 DB06-15 methodology compare
  4. 52 Senegal 1,940 DB06-15 methodology compare
  5. 53 Laos 1,910 DB06-15 methodology compare
  6. 53 Serbia 1,910 DB06-15 methodology compare

See the full ranking of 183 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is trading across borders: cost to import (us$ per container deflated) in Nigeria?
Trading across borders: cost to import (us$ per container deflated) in Nigeria was 1,960 DB06-15 methodology in 2014, according to the World Bank.
What is the highest trading across borders: cost to import (us$ per container deflated) recorded in Nigeria?
The highest recorded value was 5,506 DB06-15 methodology in 2005.
What is the lowest trading across borders: cost to import (us$ per container deflated) recorded in Nigeria?
The lowest recorded value was 1,625 DB06-15 methodology in 2012.
How does Nigeria rank for trading across borders: cost to import (us$ per container deflated)?
Nigeria ranks 51st out of 181 countries with data for 2014.
Is trading across borders: cost to import (us$ per container deflated) rising or falling in Nigeria?
Over the last ten years it is down 64.4%. The long-run trend across the full record is falling.
Where does this Nigeria data come from?
The figures come from the World Bank, published as part of Trading across borders: Cost to import (US$ per container deflated)(DB06-15 methodology). Statizoid updates them automatically from the source API.

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About this data

Indicator
Trading across borders: Cost to import (US$ per container deflated)(DB06-15 methodology)
Unit
DB06-15 methodology
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 1,813 data points, 2005–2014
Last refreshed

The cost to import records the cost associated with importing a standardized cargo of goods by sea transport through 4 predefined stages: document preparation; customs clearance and inspections; inland transport and handling; and port and terminal handling. It is calculated in US dollars per container deflated. Cost measures the fees levied on import of goods in a 20-foot container, in US dollars. All fees charged by government agencies and the private sector to a trader in the process of exporting and importing the goods are taken into account. These include but are not limited to costs for documents, administrative fees for customs clearance and inspections, customs broker fees, port-related charges and inland transport costs. Only official costs are recorded. The component indicator is computed based on the methodology in the DB06-15 studies.