Nigeria Total Imports

2003 - 2023 | Monthly | USD mn | CEIC Data

Key information about Nigeria Total Imports

  • Nigeria Total Imports recorded 3.0 USD bn in Mar 2023, compared with a value of 4.1 USD bn in the previous month
  • Nigeria Total Imports data is updated monthly, available from Jan 2003 to Mar 2023, with an average number of 2.9 USD bn
  • The data reached an all-time high of 10.3 USD bn in Mar 2011 and a record low of 699.9 USD mn in Jan 2005

CEIC converts monthly Total Imports into USD. The National Bureau of Statistics provides Total Imports, CIF, in local currency. The Central Bank of Nigeria average market exchange rate is used for currency conversions.


Further information about Nigeria Total Imports

  • In the latest reports, Nigeria Total Imports dropped 59.8 % YoY in Mar 2023
  • Total Exports dropped 18.7 % YoY, to 5.0 USD bn in Mar 2023
  • Nigeria Trade Balance recorded a surplus of 2.0 USD bn in Mar 2023

View Nigeria's Total Imports from Jan 2003 to Mar 2023 in the chart:

Nigeria Total Imports

What was Nigeria's Total Imports in Mar 2023?

Nigeria Total Imports recorded 3.0 USD bn in Mar 2023, compared with a value of 4.1 USD bn in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
2,989.3 Mar 2023 4,054.8 Feb 2023 699.9 Jan 2005 10,330.6 Mar 2011 USD mn monthly Jan 2003 - Mar 2023

Total Imports by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 854.5 Oct 2024 monthly Jan 1993 - Oct 2024
Algeria (USD mn) 2,988.0 Dec 2020 monthly Jan 2000 - Dec 2020
Argentina (USD mn) 5,638.6 Oct 2024 monthly Jan 1991 - Oct 2024
Armenia (USD mn) 1,305.4 Oct 2024 monthly Jan 2000 - Oct 2024
Australia (USD mn) 24,250.7 Oct 2024 monthly Jul 1971 - Oct 2024
Austria (USD mn) 15,426.6 Aug 2024 monthly Jan 1957 - Aug 2024
Azerbaijan (USD mn) 1,993.1 Oct 2024 monthly Jan 2000 - Oct 2024
Bahrain (USD mn) 5,069.7 Jun 2024 quarterly Mar 2018 - Jun 2024
Bangladesh (USD mn) 5,416.7 Sep 2024 monthly Jul 1986 - Sep 2024
Belarus (USD mn) 4,186.0 Sep 2024 monthly Jan 2000 - Sep 2024
Belgium (USD mn) 46,080.8 Oct 2024 monthly Jan 1993 - Oct 2024
Bolivia (USD mn) 684.8 Sep 2024 monthly Jan 2000 - Sep 2024
Bosnia and Herzegovina (USD mn) 1,261.9 Apr 2023 monthly Jan 2000 - Apr 2023
Botswana (USD mn) 593.4 Sep 2024 monthly Jan 2003 - Sep 2024
Brazil (USD mn) 20,990.9 Nov 2024 monthly Jan 1959 - Nov 2024
Brunei (USD mn) 635.6 Sep 2024 monthly Jan 2010 - Sep 2024
Bulgaria (USD mn) 4,511.6 Sep 2024 monthly Jan 2000 - Sep 2024
Cambodia (USD mn) 7,313.3 Sep 2024 quarterly Sep 2013 - Sep 2024
Canada (USD mn) 47,351.2 Oct 2024 monthly Jan 1988 - Oct 2024
Chile (USD mn) 6,037.3 Sep 2024 monthly Jan 2003 - Sep 2024
China (USD mn) 213,339.6 Oct 2024 monthly Jan 1992 - Oct 2024
Colombia (USD mn) 5,162.8 Sep 2024 monthly Jan 1980 - Sep 2024
Croatia (USD mn) 3,364.6 Aug 2024 monthly Jan 1999 - Aug 2024
Cyprus (USD mn) 1,048.5 Sep 2024 monthly Jan 2000 - Sep 2024
Czech Republic (USD mn) 19,761.5 Sep 2024 monthly Jan 1996 - Sep 2024
Denmark (USD mn) 11,388.4 Sep 2024 monthly Jan 1997 - Sep 2024
Ecuador (USD mn) 2,621.8 Oct 2024 monthly Jan 1957 - Oct 2024
Egypt (USD mn) 7,859.0 Sep 2024 monthly Jul 1994 - Sep 2024
Estonia (USD mn) 1,915.8 Sep 2024 monthly Jan 1993 - Sep 2024
European Union (USD mn) 222,591.2 Oct 2024 monthly Jan 2002 - Oct 2024
Finland (USD mn) 6,760.5 Oct 2024 monthly Jan 1999 - Oct 2024
France (USD mn) 61,452.2 Oct 2024 monthly Jan 2000 - Oct 2024
Georgia (USD mn) 1,432.8 Nov 2024 monthly Jan 1995 - Nov 2024
Germany (USD mn) 121,152.4 Oct 2024 monthly Jan 1957 - Oct 2024
Ghana (USD mn) 1,300.0 Oct 2024 monthly Mar 2005 - Oct 2024
Greece (USD mn) 7,804.8 Oct 2024 monthly Jan 2002 - Oct 2024
Hong Kong SAR, China (USD mn) 54,565.9 Oct 2024 monthly Jan 1957 - Oct 2024
Hungary (USD mn) 12,872.6 Jun 2023 monthly Jan 2002 - Jun 2023
Iceland (USD mn) 832.8 Nov 2024 monthly Jan 1988 - Nov 2024
India (USD mn) 66,340.0 Oct 2024 monthly Apr 1990 - Oct 2024
Indonesia (USD mn) 19,939.8 Dec 2022 monthly Jan 2008 - Dec 2022
Iran (USD mn) 60,308.7 2023 yearly 1979 - 2023
Ireland (USD mn) 11,709.3 Oct 2024 monthly Jan 1970 - Oct 2024
Israel (USD mn) 7,621.8 Oct 2024 monthly Jan 1980 - Oct 2024
Italy (USD mn) 56,948.2 Oct 2024 monthly Jan 1991 - Oct 2024
Ivory Coast (USD mn) 1,504.2 Feb 2024 monthly Jan 2011 - Feb 2024
Japan (USD mn) 61,639.6 Oct 2024 monthly Apr 1995 - Oct 2024
Jordan (USD mn) 2,192.4 Sep 2024 monthly Jan 1972 - Sep 2024
Kazakhstan (USD mn) 5,449.0 Oct 2024 monthly Sep 1995 - Oct 2024
Kenya (USD mn) 1,751.5 Aug 2024 monthly Aug 1998 - Aug 2024
South Korea (USD mn) 50,734.9 Nov 2024 monthly Jan 1966 - Nov 2024
Kosovo (USD mn) 632.2 Oct 2024 monthly Jan 2003 - Oct 2024
Kuwait (USD mn) 3,099.4 Aug 2024 monthly Jan 1992 - Aug 2024
Kyrgyzstan (USD mn) 979.3 Aug 2024 monthly Jan 2003 - Aug 2024
Laos (USD mn) 2,218.8 Jun 2024 quarterly Mar 2004 - Jun 2024
Latvia (USD mn) 2,028.2 Sep 2024 monthly Jan 1995 - Sep 2024
Lebanon (USD mn) 1,251.0 Dec 2022 monthly Jan 1993 - Dec 2022
Lithuania (USD mn) 3,724.4 Sep 2024 monthly Jan 1999 - Sep 2024
Luxembourg (USD mn) 2,145.7 Sep 2024 monthly Jan 1988 - Sep 2024
Macau SAR, China (USD mn) 1,407.0 Oct 2024 monthly Jan 2000 - Oct 2024
North Macedonia (USD mn) 958.7 Sep 2024 monthly Jan 2002 - Sep 2024
Malawi (USD mn) 235.7 Mar 2024 monthly Jan 1994 - Mar 2024
Malaysia (USD mn) 26,088.2 Oct 2024 monthly Jan 1990 - Oct 2024
Malta (USD mn) 833.3 Sep 2024 monthly Oct 1994 - Sep 2024
Mauritius (USD mn) 618.5 Sep 2024 monthly Jan 2006 - Sep 2024
Mexico (USD mn) 52,397.5 Oct 2024 monthly Jan 1993 - Oct 2024
Moldova (USD mn) 792.0 Oct 2024 monthly Jan 2005 - Oct 2024
Mongolia (USD mn) 981.3 Oct 2024 monthly Jan 1997 - Oct 2024
Montenegro (USD mn) 385.8 Oct 2024 monthly Jan 2005 - Oct 2024
Morocco (USD mn) 7,034.7 Oct 2024 monthly Jan 1996 - Oct 2024
Mozambique (USD mn) 778.3 Sep 2022 monthly Jan 2011 - Sep 2022
Myanmar (USD mn) 1,313.9 Jul 2022 monthly Jul 2010 - Jul 2022
Nepal (USD mn) 910.6 Nov 2024 monthly Aug 2003 - Nov 2024
Netherlands (USD mn) 64,718.5 Oct 2024 monthly Jan 1996 - Oct 2024
New Zealand (USD mn) 4,441.4 Oct 2024 monthly Jan 1960 - Oct 2024
Nigeria (USD mn) 2,989.3 Mar 2023 monthly Jan 2003 - Mar 2023
Norway (USD mn) 8,399.0 Sep 2024 monthly Jan 1976 - Sep 2024
Oman (USD mn) 3,589.1 Aug 2024 monthly Jan 1975 - Aug 2024
Pakistan (USD mn) 4,393.0 Nov 2024 monthly Jan 1996 - Nov 2024
Palestinian Territory (USD mn) 556.5 Sep 2024 monthly Jan 2011 - Sep 2024
Panama (USD mn) 1,349.5 Oct 2024 monthly Jan 2000 - Oct 2024
Paraguay (USD mn) 1,345.0 Nov 2024 monthly Jan 1994 - Nov 2024
Peru (USD mn) 4,420.2 Sep 2023 monthly Jan 2012 - Sep 2023
Philippines (USD mn) 11,344.6 Sep 2024 monthly Jan 1979 - Sep 2024
Poland (USD mn) 35,650.8 Oct 2024 monthly Jan 2000 - Oct 2024
Portugal (USD mn) 9,007.3 Apr 2023 monthly Jan 1993 - Apr 2023
Qatar (USD mn) 2,387.4 Apr 2023 monthly Jan 1998 - Apr 2023
Romania (USD mn) 11,903.0 Sep 2024 monthly Jan 2003 - Sep 2024
Russia (USD mn) 26,512.2 Oct 2024 monthly Jan 1998 - Oct 2024
Saudi Arabia (USD mn) 18,636.1 Sep 2024 monthly Jan 2005 - Sep 2024
Serbia (USD mn) 3,867.8 Oct 2024 monthly Jan 2001 - Oct 2024
Singapore (USD mn) 39,141.8 Nov 2024 monthly Jan 1964 - Nov 2024
Slovakia (USD mn) 9,809.5 Sep 2024 monthly Jan 2004 - Sep 2024
Slovenia (USD mn) 9,687.5 Oct 2024 monthly Jan 1996 - Oct 2024
South Africa (USD mn) 9,381.4 Oct 2024 monthly Oct 2004 - Oct 2024
Spain (USD mn) 38,080.4 Sep 2024 monthly Oct 1974 - Sep 2024
Sri Lanka (USD mn) 1,702.4 Oct 2024 monthly Jan 1982 - Oct 2024
Sudan (USD mn) 1,122.0 Dec 2022 monthly Jan 2003 - Dec 2022
Sweden (USD mn) 17,412.6 Oct 2024 monthly Jan 1975 - Oct 2024
Switzerland (USD mn) 31,413.3 Oct 2024 monthly Jan 1988 - Oct 2024

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Nigeria Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.7 Jun 2024 quarterly Dec 2010 - Jun 2024
Consolidated Fiscal Balance (USD mn) -3,274.101 Jun 2024 quarterly Mar 2005 - Jun 2024
National Government Debt (USD mn) 88,444.7 Jun 2024 quarterly Dec 2006 - Jun 2024
Government Debt: % of GDP (%) 52.8 Jun 2024 quarterly Dec 2010 - Jun 2024
Forecast: Government Expenditure (NGN bn) 100,505.650 2029 yearly 1990 - 2029
Forecast: Government Net Debt (NGN bn) 285,181.495 2029 yearly 1990 - 2029
Forecast: Government Revenue (NGN bn) 72,588.069 2029 yearly 1990 - 2029
Federal Govt Expenditure: Capital (NGN bn) 250.290 Jun 2024 quarterly Mar 2005 - Jun 2024
Federal Govt Balance (NGN bn) -4,533.420 Jun 2024 quarterly Mar 2005 - Jun 2024
Gross Federation Account Revenue (NGN bn) 6,285.040 Jun 2024 quarterly Mar 2005 - Jun 2024
Federal Govt Expenditure: Recurrent (NGN bn) 6,152.970 Jun 2024 quarterly Mar 2005 - Jun 2024
Federal Govt Revenue (NGN bn) 2,305.540 Jun 2024 quarterly Mar 2005 - Jun 2024
Federal Govt Expenditure (NGN bn) 6,838.960 Jun 2024 quarterly Mar 2005 - Jun 2024
Gross Federation Account Revenue: Oil (NGN bn) 1,733.500 Jun 2024 quarterly Mar 2005 - Jun 2024
Government Debt: Domestic (NGN bn) 66,957.878 Jun 2024 quarterly Dec 2005 - Jun 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -1.879 2028 yearly 1991 - 2028
Trade Balance (USD mn) 1,027.6 Sep 2024 monthly Jan 2003 - Sep 2024
Total Exports (USD mn) 3,738.1 Sep 2024 monthly Jan 2003 - Sep 2024
Total Exports Growth (%) 56.4 Sep 2024 monthly Jan 2004 - Sep 2024
Aluminum: Exports (USD th) 187,832.450 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 1,530.686 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 329.199 2023 yearly 1995 - 2023
Total Imports (USD mn) 2,989.3 Mar 2023 monthly Jan 2003 - Mar 2023
Total Imports Growth (%) 62.9 Sep 2024 monthly Jan 2004 - Sep 2024
Imports: Medicament (USD th) 614,222.259 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 227,440.624 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 124.857 Sep 2024 monthly Jan 2003 - Sep 2024
Total Imports from USA (USD mn) 275.937 Sep 2024 monthly Dec 2009 - Sep 2024
Total Exports to China (USD mn) 105.763 Sep 2024 monthly Jan 2007 - Sep 2024
Total Imports from China (USD mn) 802.488 Sep 2024 monthly Jan 2007 - Sep 2024
Imports (NGN mn) 4,384,900.258 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Crude Oil (NGN mn) 3,905,247.850 Sep 2024 monthly Jan 2003 - Sep 2024
Total Trade (NGN mn) 10,432,090.965 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Growth Rate: MoM (%) -35.341 Jun 2024 monthly Jan 2019 - Jun 2024
Exports: Growth Rate: MoM (%) 10.446 Jun 2024 monthly Jan 2019 - Jun 2024
Exports: America: ow USA (NGN mn) 201,983.472 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Europe: ow Netherlands (NGN mn) 261,930.167 Sep 2024 monthly Jan 2003 - Sep 2024
Exports (NGN mn) 6,047,190.706 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Europe: ow UK (NGN mn) 180,704.134 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Mineral Products (NGN mn) 33,075,147.443 2023 yearly 2003 - 2023
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) 53,170.162 2023 yearly 2003 - 2023
Exports: Vegetable Products (NGN mn) 786,963.687 2023 yearly 2003 - 2023
Imports: Europe: ow Netherlands (NGN mn) 201,091.335 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Asia: ow China (NGN mn) 1,298,198.961 Sep 2024 monthly Jan 2007 - Sep 2024
Imports: Europe: ow UK (NGN mn) 134,085.602 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Europe: ow Germany (NGN mn) 135,143.103 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: America: ow USA (NGN mn) 446,388.165 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Chemicals and Chemical Products (NGN mn) 614,100.231 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 1,024,863.121 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Manufactured Goods (NGN mn) 488,494.173 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Food and Live Animals (NGN mn) 455,343.676 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Machinery and Transport Equipment (NGN mn) 1,432,150.870 Sep 2024 monthly Jan 2003 - Sep 2024
Export Value Index (2015=100) 93.461 2021 yearly 1980 - 2021
Import Value Index (2015=100) 116.198 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -831.3 Jun 2024 quarterly Mar 2008 - Jun 2024
Current Account Balance (USD mn) 5,142.5 Jun 2024 quarterly Mar 2014 - Jun 2024
Current Account Balance: % of GDP (%) 11.5 Jun 2024 quarterly Mar 2014 - Jun 2024
Foreign Direct Investment (USD mn) 1,197.6 Mar 2023 quarterly Mar 2014 - Mar 2023
Foreign Direct Investment: % of GDP (%) 1.3 Jun 2024 quarterly Mar 2010 - Jun 2024
Foreign Portfolio Investment (USD mn) 4,416.719 Jun 2024 quarterly Mar 2008 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 10.0 Jun 2024 quarterly Mar 2010 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -309.3 Jun 2024 quarterly Mar 2008 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 4,726.039 Jun 2024 quarterly Mar 2008 - Jun 2024
External Debt (USD mn) 42,901.0 Jun 2024 quarterly Dec 2006 - Jun 2024
External Debt: % of GDP (%) 11.9 2023 yearly 1985 - 2023
External Debt: Short Term (USD mn) 1,005.6 2020 yearly 2008 - 2020
External Debt: Short Term: % of GDP (%) 0.2 2020 yearly 2008 - 2020
Forecast: Current Account Balance (USD bn) -5.481 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -86,263.760 2023 yearly 2005 - 2023
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
External Debt: Government (USD mn) 42,901.010 Jun 2024 quarterly Dec 2006 - Jun 2024
External Debt: Government: International Capital Market (USD mn) 15,118.350 Jun 2024 quarterly Mar 2011 - Jun 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 6.1 2019 yearly 2003 - 2019
Non-Performing Loans (USD mn) 3,315.011 Mar 2021 quarterly Mar 2007 - Mar 2021
Money Supply M1 (USD mn) 21,896.535 Aug 2024 monthly Nov 1992 - Aug 2024
Money Supply M2 (USD mn) 67,150.889 Aug 2024 monthly Nov 1992 - Aug 2024
M2 Growth (%) 63.3 Aug 2024 monthly Nov 1993 - Aug 2024
Reserve Requirement Ratio (%) 50.0 Nov 2024 monthly Nov 2005 - Nov 2024
Foreign Exchange Reserves (USD mn) 34,762.2 Jun 2024 monthly Jan 1960 - Jun 2024
Foreign Exchange Reserves: % of GDP (%) 14.124 Jun 2024 quarterly Dec 2010 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 10.7 Aug 2024 monthly Jan 2003 - Aug 2024
Gold Reserves (USD mn) 1,599.957 Jun 2024 monthly Dec 1950 - Jun 2024
Total Deposits (USD mn) 84,213.801 Dec 2019 monthly Nov 1992 - Dec 2019
Total Deposits Growth (%) 2.6 Dec 2019 monthly Nov 1993 - Dec 2019
Domestic Credit (USD mn) 73,616.6 Sep 2024 monthly Nov 1992 - Sep 2024
Domestic Credit Growth (%) 33.3 Aug 2024 monthly Nov 1993 - Aug 2024
Private Debt: % of Nominal GDP (%) 20.83 Jun 2024 quarterly Dec 2010 - Jun 2024
Monetary Survey: Liabilities: M2: M1 (NGN mn) 34,949,935.480 Aug 2024 monthly Nov 1992 - Aug 2024
Monetary Survey: Liabilities: Base Money (NGN mn) 26,891,229.280 Aug 2024 monthly Jan 1993 - Aug 2024
Monetary Survey: Liabilities: M2 (NGN mn) 107,182,219.490 Aug 2024 monthly Nov 1992 - Aug 2024
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 72,232,284.010 Aug 2024 monthly Nov 1992 - Aug 2024
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Non Performing Loans to Gross Loans (%) 4.140 Jun 2023 semiannually Dec 2003 - Jun 2023
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 12.8 Oct 2024 monthly Jul 2015 - Oct 2024

More Indicators for Nigeria

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