Overview In 2019 Nigeria was the number 25 economy in the world in terms of GDP (current US$), the number 47 in total exports, the number 50 in total imports,
the number 140 economy in terms of GDP per capita (current US$) and the number 140 most complex economy according to the Economic Complexity Index (ECI).
Exports The top exports of Nigeria are Crude Petroleum ($46B), Petroleum Gas ($7.78B), Scrap Vessels ($2.26B), Flexible Metal Tubing ($2.1B), and Cocoa Beans ($715M), exporting mostly to India ($10.5B), Spain ($6.32B), United States ($4.68B), France ($4.37B), and Ghana ($4.04B).
In 2019, Nigeria was the world's biggest exporter of Scrap Vessels ($2.26B) and Flexible Metal Tubing ($2.1B)
Imports The top imports of Nigeria are Refined Petroleum ($10B), Cars ($1.57B), Wheat ($1.48B), Laboratory Glassware ($1.45B), and Packaged Medicaments ($1.32B), importing mostly from China ($15.5B), Netherlands ($5.91B), India ($3.76B), United States ($3.22B), and Belgium ($2.81B).
In 2019, Nigeria was the world's biggest importer of Laboratory Glassware ($1.45B), Postage Stamps ($713M), Embroidery ($156M), Jute and Other Textile Fibers ($75.2M), and Typewriters ($194k)
Location Nigeria borders Benin, Cameroon, Chad, and Niger by land and Equatorial Guinea, Ghana, and Sao Tome and Principe by sea.