Nigeria Imports

Imports of goods and services, current US dollars.

Imports in Nigeria was 0.71 USD billion in 1960.

$0.7B
1960 · previous –Annual · US$ billion · Source: World Bank — World Development Indicators

Nigeria Imports — History

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Statistics

Latest
$0.7B1960
Previous
–
5-year average
$0.7B
Long-run average
$0.7Bsince 1960
All-time high
$0.7B1960
All-time low
$0.7B1960
Observations
1Annual

Recent Data

PeriodValueChange
1960$0.7B

Imports — Nigeria vs Peers

Latest available reading for each economy (periods may differ). Nigeria highlighted.

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More Nigeria indicators

Understanding Imports — a simple guide

What it measures

Imports of goods and services, current US dollars.

How it is calculated

Value of goods and services bought from other countries, in US dollars.

Simple example

Imports include crude oil, electronics, gold and machinery.

▲ When it is high or rising

Rising imports often reflect strong domestic demand.

▼ When it is low or falling

Falling imports can reflect weaker demand or lower commodity prices.

Why it matters for the economy and markets

Imports reflect domestic demand and dependence on foreign energy, food and capital goods.

How to read it

Rising imports can signal strong domestic demand as well as competitiveness issues.

Data source

World Bank — World Development Indicators (series NE.IMP.GNFS.CD), annual data from 1960 to 1960. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current imports of Nigeria?
Nigeria imports was $0.7B in 1960, compared with – in the previous period, according to World Bank — World Development Indicators.
What does imports measure?
Imports of goods and services, current US dollars.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.