Nigeria Total Imports Growth
Key information about Nigeria Total Imports Growth
- Nigeria Total Imports grew 62.9 % YoY in Mar 2023, compared with an increase of 52.6 % YoY in the previous month
- Nigeria Total Imports Growth data is updated monthly, available from Jan 2004 to Sep 2024, with an averaged rate of 18.0 %
- The data reached an all-time high of 302.1 % in Jun 2011 and a record low of -69.3 % in Mar 2012
CEIC calculates Total Imports Growth from monthly Total Imports. The National Bureau of Statistics provides Total Imports, CIF, in local currency.
Further information about Nigeria Total Imports Growth
- In the latest reports, Nigeria Total Imports recorded 3.0 USD bn in Mar 2023
- Total Exports reached 3.7 USD bn in Sep 2024, which registered an increase of 56.4 % year on year
- Nigeria Trade Balance recorded a surplus of 1.0 USD bn in Sep 2024
View Nigeria's Total Imports Growth from Jan 2004 to Sep 2024 in the chart:
What was Nigeria's Total Imports Growth in Sep 2024?
Nigeria Total Imports grew 62.9 % YoY in Mar 2023, compared with an increase of 52.6 % YoY in the previous month See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
62.9 Sep 2024 | 52.6 Aug 2024 | -69.3 Mar 2012 | 302.1 Jun 2011 | % | monthly | Jan 2004 - Sep 2024 |
Total Imports Growth by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 0.1 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
Algeria (%) | -15.4 Dec 2020 | monthly | Jan 2001 - Dec 2020 |
Argentina (%) | 25.4 Jan 2025 | monthly | Jan 1992 - Jan 2025 |
Armenia (%) | -33.5 Jan 2025 | monthly | Jan 2001 - Jan 2025 |
Australia (%) | 9.2 Dec 2024 | monthly | Jul 1972 - Dec 2024 |
Austria (%) | 4.1 Dec 2024 | monthly | Jan 1954 - Dec 2024 |
Azerbaijan (%) | 79.6 Jan 2025 | monthly | Jan 2001 - Jan 2025 |
Bahrain (%) | 0.5 Sep 2024 | quarterly | Mar 2019 - Sep 2024 |
Bangladesh (%) | 23.3 Dec 2024 | monthly | Jul 1987 - Dec 2024 |
Belarus (%) | 1.0 Jan 2025 | monthly | Jan 2001 - Jan 2025 |
Belgium (%) | -8.4 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
Bolivia (%) | -6.6 Jan 2025 | monthly | Jan 2001 - Jan 2025 |
Bosnia and Herzegovina (%) | 9.8 Jan 2025 | monthly | Jan 2001 - Jan 2025 |
Botswana (%) | 18.5 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
Brazil (%) | 27.6 Feb 2025 | monthly | Jan 1960 - Feb 2025 |
Brunei (%) | -10.1 Dec 2024 | monthly | Jan 2011 - Dec 2024 |
Bulgaria (%) | 1.2 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
Cambodia (%) | 19.0 Dec 2024 | quarterly | Sep 2014 - Dec 2024 |
Canada (%) | 14.1 Jan 2025 | monthly | Jan 1989 - Jan 2025 |
Chile (%) | 5.4 Feb 2025 | monthly | Jan 2004 - Feb 2025 |
China (%) | 20.8 Oct 2021 | monthly | May 2009 - Oct 2021 |
Colombia (%) | 7.5 Dec 2024 | monthly | Jan 1981 - Dec 2024 |
Croatia (%) | 7.7 Dec 2024 | monthly | Jan 1998 - Dec 2024 |
Cyprus (%) | 37.7 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
Czech Republic (%) | 5.2 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
Denmark (%) | 0.3 Dec 2024 | monthly | Jan 1998 - Dec 2024 |
Ecuador (%) | 13.0 Dec 2024 | monthly | Jan 1958 - Dec 2024 |
Egypt (%) | 11.3 Dec 2024 | monthly | Jul 1995 - Dec 2024 |
Estonia (%) | 8.9 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
European Union (%) | 1.8 Dec 2024 | monthly | Jan 2003 - Dec 2024 |
Finland (%) | -4.4 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
France (%) | 1.0 Jan 2025 | monthly | Jan 2001 - Jan 2025 |
Georgia (%) | 45.5 Jan 2025 | monthly | Jan 1996 - Jan 2025 |
Germany (%) | 8.7 Jan 2025 | monthly | Jan 1951 - Jan 2025 |
Ghana (%) | 9.5 Dec 2024 | monthly | Mar 2006 - Dec 2024 |
Greece (%) | 4.7 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
Hong Kong SAR, China (%) | 0.5 Jan 2025 | monthly | Jan 1953 - Jan 2025 |
Hungary (%) | 8.4 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
Iceland (%) | 36.8 Feb 2025 | monthly | Jan 1989 - Feb 2025 |
India (%) | 14.5 Jan 2025 | monthly | Jan 1958 - Jan 2025 |
Indonesia (%) | -2.7 Jan 2025 | monthly | Jan 2009 - Jan 2025 |
Iran (%) | 13.8 2023 | yearly | 1980 - 2023 |
Ireland (%) | -16.1 Nov 2024 | monthly | Jan 1971 - Nov 2024 |
Israel (%) | 25.8 Dec 2024 | monthly | Jan 1981 - Dec 2024 |
Italy (%) | 1.7 Dec 2024 | monthly | Jan 1992 - Dec 2024 |
Ivory Coast (%) | 15.0 Sep 2024 | monthly | Jan 2012 - Sep 2024 |
Japan (%) | 15.9 Jan 2025 | monthly | Apr 1996 - Jan 2025 |
Jordan (%) | 39.8 Dec 2024 | monthly | Jan 1973 - Dec 2024 |
Kazakhstan (%) | 4.0 Dec 2024 | monthly | Sep 1996 - Dec 2024 |
Kenya (%) | -12.1 Nov 2024 | monthly | Aug 1999 - Nov 2024 |
South Korea (%) | 0.2 Feb 2025 | monthly | Jan 1967 - Feb 2025 |
Kosovo (%) | 16.2 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
Kuwait (%) | 14.5 Nov 2024 | monthly | Jan 1993 - Nov 2024 |
Kyrgyzstan (%) | -20.5 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
Laos (%) | 4.4 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
Latvia (%) | -2.5 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
Lebanon (%) | -4.8 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
Lithuania (%) | 2.1 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Luxembourg (%) | -10.8 Apr 2023 | monthly | Jan 1989 - Apr 2023 |
Macau SAR, China (%) | 4.3 May 2023 | monthly | Jan 2001 - May 2023 |
North Macedonia (%) | 0.6 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
Malawi (%) | 24.8 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
Malaysia (%) | 5.8 Jan 2025 | monthly | Jan 1991 - Jan 2025 |
Malta (%) | 12.2 Dec 2024 | monthly | Oct 1995 - Dec 2024 |
Mauritius (%) | 19.8 Dec 2024 | monthly | Jan 2007 - Dec 2024 |
Mexico (%) | 6.5 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
Moldova (%) | 4.3 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
Mongolia (%) | 11.7 Feb 2025 | monthly | Jan 1998 - Feb 2025 |
Montenegro (%) | 4.5 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
Morocco (%) | 3.0 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
Mozambique (%) | -24.0 Dec 2024 | monthly | Jan 2012 - Dec 2024 |
Myanmar (%) | 38.4 Jul 2022 | monthly | Jul 2011 - Jul 2022 |
Nepal (%) | 28.1 Feb 2025 | monthly | Aug 2004 - Feb 2025 |
Netherlands (%) | 5.9 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
New Zealand (%) | 13.4 Jan 2025 | monthly | Jan 1961 - Jan 2025 |
Nigeria (%) | 62.9 Sep 2024 | monthly | Jan 2004 - Sep 2024 |
Norway (%) | 1.0 Jan 2025 | monthly | Jan 1977 - Jan 2025 |
Oman (%) | 0.7 Mar 2023 | monthly | Jan 1976 - Mar 2023 |
Pakistan (%) | 9.9 Jan 2025 | monthly | Dec 1988 - Jan 2025 |
Palestinian Territory (%) | 31.4 Dec 2024 | monthly | Jan 2012 - Dec 2024 |
Panama (%) | -1.9 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
Paraguay (%) | -0.6 Jan 2025 | monthly | Jan 1995 - Jan 2025 |
Peru (%) | 15.0 Nov 2024 | monthly | Jan 1986 - Nov 2024 |
Philippines (%) | 10.8 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
Poland (%) | -4.1 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
Portugal (%) | 4.0 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
Qatar (%) | 21.6 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Romania (%) | 3.5 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
Russia (%) | 5.8 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Saudi Arabia (%) | 27.1 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
Serbia (%) | 3.6 Dec 2024 | monthly | Jan 2002 - Dec 2024 |
Singapore (%) | 14.8 Jan 2025 | monthly | Jan 1965 - Jan 2025 |
Slovakia (%) | 12.8 Jan 2025 | monthly | Jan 2005 - Jan 2025 |
Slovenia (%) | 0.8 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
South Africa (%) | 7.6 Jan 2025 | monthly | Oct 2005 - Jan 2025 |
Spain (%) | 1.3 Nov 2024 | monthly | Dec 1975 - Nov 2024 |
Sri Lanka (%) | 18.1 Jan 2025 | monthly | Jan 1983 - Jan 2025 |
Sudan (%) | -12.3 Dec 2022 | monthly | Jan 2004 - Dec 2022 |
Sweden (%) | 6.9 Jan 2025 | monthly | Jan 1976 - Jan 2025 |
Switzerland (%) | 28.6 Jan 2025 | monthly | Jan 1989 - Jan 2025 |
Accurate Macro & Micro Economic Data You Can Trust
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Learn more about what we doNigeria Key Series
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -5.7 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
Consolidated Fiscal Balance (USD mn) | -2,078.997 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
National Government Debt (USD mn) | 86,261.2 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
Government Debt: % of GDP (%) | 53.8 Sep 2024 | quarterly | Dec 2010 - Sep 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) | 1,415.860 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
Federal Govt Balance (NGN bn) | -3,301.610 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
Gross Federation Account Revenue: Oil (NGN bn) | 1,304.960 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
Federal Govt Expenditure (NGN bn) | 5,584.150 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
Gross Federation Account Revenue (NGN bn) | 6,865.840 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
Federal Govt Revenue (NGN bn) | 2,282.540 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
Federal Govt Expenditure: Recurrent (NGN bn) | 3,732.590 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
Government Debt: Domestic (NGN bn) | 69,219.806 Sep 2024 | quarterly | Dec 2005 - Sep 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 |
Total Trade (NGN mn) | 10,432,090.965 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Imports: Growth Rate: MoM (%) | -17.535 Sep 2024 | monthly | Jan 2019 - Sep 2024 |
Exports: Growth Rate: MoM (%) | -17.669 Sep 2024 | monthly | Jan 2019 - Sep 2024 |
Exports: Crude Oil (NGN mn) | 3,905,247.850 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Exports: Europe: ow Netherlands (NGN mn) | 261,930.167 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Exports: America: ow USA (NGN mn) | 201,983.472 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: America: ow USA (NGN mn) | 446,388.165 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Imports: Europe: ow Netherlands (NGN mn) | 201,091.335 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Imports: Europe: ow Germany (NGN mn) | 135,143.103 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
Imports: Europe: ow UK (NGN mn) | 134,085.602 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: 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: 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 |
Imports: Manufactured Goods (NGN mn) | 488,494.173 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 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
Foreign Portfolio Investment (USD mn) | 4,416.719 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
Foreign Portfolio Investment: % of GDP (%) | 4.3 Sep 2024 | quarterly | Mar 2010 - Sep 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) | 43,026.6 Sep 2024 | quarterly | Dec 2006 - Sep 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) | 43,026.550 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
External Debt: Government: International Capital Market (USD mn) | 15,118.350 Sep 2024 | quarterly | Mar 2011 - Sep 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) | 24,967.124 Jan 2025 | monthly | Nov 1992 - Jan 2025 |
Money Supply M2 (USD mn) | 75,096.954 Jan 2025 | monthly | Nov 1992 - Jan 2025 |
M2 Growth (%) | 18.3 Jan 2025 | monthly | Nov 1993 - Jan 2025 |
Reserve Requirement Ratio (%) | 50.0 Feb 2025 | monthly | Nov 2005 - Feb 2025 |
Foreign Exchange Reserves (USD mn) | 40,380.0 Nov 2024 | monthly | Jan 1960 - Nov 2024 |
Foreign Exchange Reserves: % of GDP (%) | 18.573 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 14.5 Sep 2024 | monthly | Jan 2003 - Sep 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) | 67,269.4 Jan 2025 | monthly | Nov 1992 - Jan 2025 |
Domestic Credit Growth (%) | -0.6 Jan 2025 | monthly | Nov 1993 - Jan 2025 |
Private Debt: % of Nominal GDP (%) | 20.83 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
Monetary Survey: Liabilities: Base Money (NGN mn) | 32,659,076.490 Jan 2025 | monthly | Jan 1993 - Jan 2025 |
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) | 74,077,851.830 Jan 2025 | monthly | Nov 1992 - Jan 2025 |
Monetary Survey: Liabilities: M2: M1 (NGN mn) | 36,894,418.660 Jan 2025 | monthly | Nov 1992 - Jan 2025 |
Monetary Survey: Liabilities: M3 (NGN mn) | 35,345,802.020 Jun 2020 | monthly | Nov 1992 - Jun 2020 |
Monetary Survey: Liabilities: M2 (NGN mn) | 110,972,270.500 Jan 2025 | monthly | Nov 1992 - Jan 2025 |
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) | 4.4 Nov 2024 | monthly | Jul 2015 - Nov 2024 |
More Indicators for Nigeria
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