Export unit value index in Nigeria
Nigeria: Export unit value index was 160.8 2015 = 100 in 2024. ◆ Volatile
Export unit value index in Nigeria, 1980–2024
Source: Handbook of Statistics and data files., UN Conference on Trade and Development (UNCTAD). Measured in 2015 = 100.
Analysis
Nigeria recorded 160.8 2015 = 100 for export unit value index in 2024.
The figure is down 4.2% on the previous year and down 3.1% over ten years.
Over the whole period, export unit value index in Nigeria peaked at 209.7 2015 = 100 in 2022 and was at its lowest, 14.3 2015 = 100, in 1986.
That places Nigeria 29th out of 207 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 29.53 2015 = 100 | 14.3 2015 = 100 | 52.5 2015 = 100 | 10 |
| 1990s | 34.99 2015 = 100 | 23.6 2015 = 100 | 43.9 2015 = 100 | 10 |
| 2000s | 92 2015 = 100 | 48.4 2015 = 100 | 170.1 2015 = 100 | 10 |
| 2010s | 136.19 2015 = 100 | 85.9 2015 = 100 | 178.6 2015 = 100 | 10 |
| 2020s | 151.86 2015 = 100 | 79.1 2015 = 100 | 209.7 2015 = 100 | 5 |
Countries ranked near Nigeria
- 26 Bhutan 163.3 2015 = 100 compare
- 26 East Timor 163.3 2015 = 100 compare
- 28 Italy 161 2015 = 100 compare
- 30 Angola 160.1 2015 = 100 compare
- 31 Mozambique 158.2 2015 = 100 compare
- 32 Kazakhstan 158 2015 = 100 compare
More private sector data for Nigeria
- Merchandise trade 33.3% (2025)
- Food imports 11.0% (2024)
- Manufactures imports 46.0% (2024)
- Merchandise imports 41.45 billion current US$ (2025)
- Food exports 6.0% (2024)
- Manufactures exports 3.5% (2024)
- Merchandise exports 55.47 billion current US$ (2025)
- Commercial service exports 4.55 billion current US$ (2025)
- Transport services 35.0% (2025)
- Computer, communications and other services 24.6% (2025)
Frequently asked questions
- What is export unit value index in Nigeria?
- Export unit value index in Nigeria was 160.8 2015 = 100 in 2024, according to Handbook of Statistics and data files., UN Conference on Trade and Development (UNCTAD).
- What is the highest export unit value index recorded in Nigeria?
- The highest recorded value was 209.7 2015 = 100 in 2022.
- What is the lowest export unit value index recorded in Nigeria?
- The lowest recorded value was 14.3 2015 = 100 in 1986.
- How does Nigeria rank for export unit value index?
- Nigeria ranks 29th out of 207 countries with data for 2024.
- Is export unit value index rising or falling in Nigeria?
- Over the last ten years it is down 3.1%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Handbook of Statistics and data files., UN Conference on Trade and Development (UNCTAD), published as part of Export unit value index (2015 = 100). Statizoid updates them automatically from the source API.
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About this data
Export unit value indices come from UNCTAD's trade database. Unit value indices are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD’s estimates using the previous year’s trade values at the Standard International Trade Classification three-digit level as weights. To improve data coverage, especially for the latest periods, UNCTAD constructs a set of average prices indexes at the three-digit product classification of the Standard International Trade Classification revision 3 using UNCTAD’s Commodity Price Statistics, interna¬tional and national sources, and UNCTAD secretariat estimates. This indicator is an index series where 2015=100.