Nigeria Foreign Trade

In Q1 2020, the value of Nigeria's total trade stood at N8.305 trillion comprising 50.84% imports (N4.222 trillion) and 49.16% exports (N4.083 trillion). The value of total trade in Q1 2020 dipped significantly by 17.94% when compared to the N10.12 trillion recorded in the preceding quarter (Q4 2019), and 0.8% increase compared to N8.24 trillion recorded in the corresponding quarter of 2019.

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Data Source: Nigeria Bureau Statistics

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