Resources

Nigeria — Facts Sheet

Preserved factsheet content, graphics and key information from the Council's original Trade & Diplomatic Statistics section.

 
 

Nigeria GDP 1960–2026

The Gross Domestic Product (GDP) in Nigeria was worth 386.67 billion US dollars in 2026. The GDP value of Nigeria represents 0.32 percent of the world economy. GDP in Nigeria averaged 181.4 USD billion from 1960 until 2026, reaching an all-time high of 668.22 USD billion in 2019 and a record low of 4.20 USD billion in 1960. GDP in Nigeria is reported by the World Bank.
 

Agriculture — products

Cocoa, peanuts, cotton, palm oil, corn, rice, sorghum, millet, cassava (tapioca), yams, rubber; cattle, sheep, goats, pigs; timber; fish.

Industries

Crude oil, coal, tin, columbite; rubber products, wood; hides and skins, textiles, cement and other construction materials, food products, footwear, chemicals, fertilizer, printing, ceramics, steel.

Exports

$56.06 billion (2025 est.) — country comparison to the world: 53. $63.60 billion (2024 revised est.)

Exports — commodities

Crude oil 80.8%, natural gas, cocoa beans.

Exports — partners

Spain 10.5%, France 9.0%, Netherlands 9.0%, India 11.1%, United States 9.3%, rest of the world 51.1% (2025 est.).

Imports

$44.35 billion (2025 est.) — country comparison to the world: 58. $50.90 billion (2024 revised est.)

Imports — commodities

Refined petroleum, industrial machinery, motor vehicles, wheat, chemical materials.

Source: China 29.4%, United States 12.6%, India 9.8%, Belgium 4.7%, Netherlands 4.9%, UAE 4.2%, rest of world 34.4%. Data compiled from official public trade stats (2025).