Nigeria is the 49th largest export economy in the world and the 124th most complex economy according to the Economic Complexity Index (ECI). In 2017, Nigeria exported $46.8B and imported $34.2B, resulting in a positive trade balance of $12.7B. In 2017 the GDP of Nigeria was $375B and its GDP per capita was $5.87k.
The top exports of Nigeria are Crude Petroleum ($35.6B), Petroleum Gas ($6.47B), Refined Petroleum ($774M), Cocoa Beans ($660M) and Rough Wood ($321M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Refined Petroleum ($6.27B), Passenger and Cargo Ships ($1.73B), Wheat ($1.35B), Cars ($944M) and Raw Sugar ($549M).
The top export destinations of Nigeria are India ($8.25B), the United States ($6.68B), Spain ($4.54B), France ($2.81B) and the Netherlands ($2.3B). The top import origins are China ($9.6B), Belgium-Luxembourg ($3.03B), the Netherlands ($2.83B), South Korea ($2.18B) and the United States ($2.04B).