Private Sector in Nigeria

88 indicators covering private sector for Nigeria.

IndicatorLatest Year10-yr change Rank
Merchandise trade 33.3% 2025 up 73.1% 166th
Food imports 11.0% 2024 down 35.3% 145th
Manufactures imports 46.0% 2024 down 28.3% 177th
Merchandise imports 41.45 billion current US$ 2025 down 7.3% 67th
Food exports 6.0% 2024 up 220.3% 154th
Manufactures exports 3.5% 2024 down 45.5% 173rd
Merchandise exports 55.47 billion current US$ 2025 up 10.5% 52nd
Commercial service exports 4.55 billion current US$ 2025 up 70.2% 97th
Transport services 35.0% 2025 down 17.4% 79th
Computer, communications and other services 24.6% 2025 up 28.5% 132nd
Commercial service imports 18.94 billion current US$ 2025 up 3.6% 53rd
Computer, communications and other services 10.0% 2025 up 62.7% 154th
Travel services 13.6% 2025 down 9.8% 159th
Travel services 31.7% 2025 up 3.3% 44th
Transport services 51.0% 2025 down 24.6% 9th
Insurance and financial services 8.8% 2025 up 11.1% 67th
Merchandise imports by the reporting economy, residual 0.0% 2023 up 27,717.3% 77th
Merchandise exports by the reporting economy, residual 0.0% 2023 109th
Merchandise exports to low- and middle-income economies in Sub-Saharan 10.2% 2023 down 57.5% 40th
Merchandise imports from high-income economies 65.4% 2023 up 10.5% 81st
Merchandise imports from low- and middle-income economies outside regi 32.7% 2023 down 16.1% 51st
Merchandise imports from low- and middle-income economies in East Asia 20.2% 2023 down 24.7% 87th
Merchandise imports from low- and middle-income economies in Europe & 1.4% 2023 down 28.3% 115th
Merchandise imports from low- and middle-income economies in Latin Ame 2.6% 2023 up 8.5% 76th
Merchandise imports from low- and middle-income economies in Middle Ea 0.7% 2023 up 28.0% 91st
Merchandise imports from low- and middle-income economies in South Asi 7.9% 2023 up 7.1% 29th
Merchandise imports from low- and middle-income economies in Sub-Sahar 1.9% 2023 up 1.9% 64th
Merchandise exports to low- and middle-income economies outside region 25.6% 2023 down 11.4% 49th
Merchandise imports by the reporting economy 64.30 billion current US$ 2023 down 20.4% 49th
Merchandise imports from low- and middle-income economies within regio 1.9% 2023 up 1.9% 178th
Merchandise exports to low- and middle-income economies in South Asia 8.8% 2023 down 39.6% 29th
Merchandise exports to low- and middle-income economies in Middle East 0.1% 2023 up 507.9% 138th
Merchandise exports to low- and middle-income economies in Latin Ameri 3.2% 2023 up 82.6% 49th
Merchandise exports to low- and middle-income economies in Europe & Ce 1.8% 2023 up 75.7% 71st
Merchandise imports from economies in the Arab World 5.2% 2023 down 27.3% 71st
Merchandise exports to low- and middle-income economies in East Asia & 11.8% 2023 up 1.1% 73rd
Merchandise exports to low- and middle-income economies within region 10.2% 2023 down 57.5% 113th
Merchandise exports to economies in the Arab World 0.7% 2023 up 585.0% 149th
Merchandise exports by the reporting economy 62.94 billion current US$ 2023 down 44.0% 49th
Merchandise exports to high-income economies 64.1% 2023 up 36.5% 111th
Insurance and financial services 25.3% 2025 up 128.3% 8th
Export unit value index 160.8 2015 = 100 2024 down 3.1% 29th
Import unit value index 126.5 2015 = 100 2024 up 11.5% 113th
Export value index 106.4 2015 = 100 2024 down 48.2% 167th
Import value index 91.6 2015 = 100 2024 down 30.0% 182nd
Export volume index 66.2 2015 = 100 2024 down 46.5% 183rd
Import volume index 72.4 2015 = 100 2024 down 37.2% 180th
Net barter terms of trade index 127.1 2015 = 100 2024 down 13.1% 29th
Tariff rate, most favored nation, weighted mean, primary products 9.9% 2022 down 2.8% 70th
Tariff rate, most favored nation, weighted mean, manufactured products 9.2% 2022 down 8.7% 62nd
Tariff rate, most favored nation, weighted mean, all products 9.4% 2022 down 7.2% 61st
Tariff rate, applied, simple mean, all products 11.9% 2022 up 6.6% 42nd
Tariff rate, applied, weighted mean, primary products 9.6% 2022 down 5.7% 46th
Tariff rate, applied, weighted mean, all products 9.3% 2022 down 8.0% 40th
Tariff rate, applied, weighted mean, manufactured products 9.2% 2022 down 8.9% 41st
Tariff rate, applied, simple mean, manufactured products 11.8% 2022 up 7.6% 36th
Tariff rate, applied, simple mean, primary products 13.1% 2022 up 3.8% 63rd
Tariff rate, most favored nation, simple mean, manufactured products 11.7% 2022 up 1.7% 34th
Tariff rate, most favored nation, simple mean, all products 12.1% 2022 up 3.4% 39th
Tariff rate, most favored nation, simple mean, primary products 13.3% 2022 up 7.7% 53rd