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International Trade Statistics Yearbook 2013, Volume I

Trade by Country

image of International Trade Statistics Yearbook 2013, Volume I

The 2013 International Trade Statistics Yearbook, Volume I provides an overview of the international trade merchandise trade in 2013 and detailed information on the trade performance for numerous countries up to 2013. Overall, data for a total of 175 countries (or areas) are shown with the 2013 data on imports and exports by commodity and trading partner provided for approximately 90 countries (or areas), representing more than 70% of world trade of 2013. The goal is to provide a more analytical and condensed view of trade by using graphs, overview tables and descriptive text.

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Nigeria

In 2012, the value of merchandise exports of Nigeria increased substantially by 13.9 percent to reach 143.2 bln US$, while its merchandise imports decreased substantially by 43.9 percent to reach 35.9 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a relatively large surplus of 107.3 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed Europe at 42.2 bln US$ (see graph 4). Merchandise exports in Nigeria were diversified amongst partners; imports were also diversified. The top 13 partners accounted for 80 percent or more of exports and 16 partners accounted for 80 percent or more of imports (see graph 5). In 2012, the value of exports of services of Nigeria decreased substantially by 29.1 percent, reaching 2.4 bln US$, while its imports of services decreased slightly by 2.6 percent and reached 24.1 bln US$ (see graph 2). There was a large trade in services deficit of 21.7 bln US$.

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