Terms of Trade in Nigeria decreased to 101.20 Index Points in March from 101.70 Index Points in February of 2019. Terms of Trade in Nigeria averaged 99.13 Index Points from 2000 until 2019, reaching an all time high of 160.25 Index Points in March of 2010 and a record low of 49.48 Index Points in April of 2006.

Nigeria Terms of Trade
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Nigeria Trade Last Previous Highest Lowest Unit
Balance of Trade 408661.17 -36900.36 2177553.08 -622103.84 NGN Millions [+]
Current Account -2858.88 -2818.95 10383.67 -5695.27 USD Million [+]
Current Account to GDP 2.30 2.80 32.80 -18.70 percent [+]
Imports 1042434.99 1547034.65 2209385.78 167.88 NGN Millions [+]
Exports 1451096.16 1510134.29 2648881.76 322.93 NGN Millions [+]
Terms of Trade 101.20 101.70 160.25 49.48 Index Points [+]
Foreign Direct Investment 909.54 1150.51 3084.90 314.44 USD Million [+]
Capital Flows -3297.03 -4696.54 20302.97 -15439.95 USD Million [+]
Gold Reserves 21.46 21.50 21.50 21.37 Tonnes [+]
Crude Oil Production 1870.00 1760.00 2475.00 675.00 BBL/D/1K [+]
External Debt 27162.63 25609.63 27162.63 3627.50 USD Million [+]
Terrorism Index 8.66 9.01 9.31 3.86 [+]
Remittances 5916.57 5853.10 6270.24 3836.61 USD Million [+]


Nigeria Terms of Trade

In Nigeria, Terms of Trade (ToT) correspond to the ratio of Price of exportable goods to the Price of importable goods. This page provides - Nigeria Terms Of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Terms of Trade - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
101.20 101.70 160.25 49.48 2000 - 2019 Index Points Monthly
Jan 2018=100




Country Last Previous
Argentina 129.80 Jun/19
Australia 100.20 Jun/19
Brazil 111.92 Jul/19
Canada 92.00 Aug/19
China 100.78 Jul/19
France 115.15 Jul/19
Germany 101.79 Aug/19
India 73.30 Dec/18
Indonesia 105.99 Aug/19
Italy 104.90 Aug/19
Japan 99.20 Sep/19
Mexico 48.41 Aug/19
Netherlands 101.10 Aug/19
Singapore 100.69 Aug/19
South Africa 106.80 Jun/19
South Korea 91.40 Sep/19
Spain 102.60 Jul/19
Switzerland 121.51 Sep/19
Turkey 103.47 Aug/19
United States 106.25 Jun/19


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