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Nigeria - Imports - Trade Value (US$ Thousand) 65.05M

World Bank WITS · updated 2026-10-03 · 167 economies tracked

Latest value

65.05M (2023)

Global rank

##41 of 167 economies

Share of global total

0.4%

Growth since 1996

12.19×

Ranking Race — Imports - Trade Value (US$ Thousand)

1 = global #1 · higher value ranks higher

#1#10#19#28#37#46#5519881993199820032008201320182023#49#412020 overtook Ukraine2023 overtook Pakistan
NigeriaUnited StatesGermanyUnited KingdomFrance

Real annual global ranks, 1988 - 2023. Nigeria climbed from #49 to #41 (overtook Ukraine). Gaps in a lane = missing data that year.

Key events for Nigeria ↓

Key Events — Nigeria

Auto-detected from rank data + curated milestones

2016
Oil price recession curated

First recession in 25 years as crude prices collapse.

2020
Overtook Ukraine in global rank auto
2020
COVID-19 oil shock curated

Dual pandemic and oil shock push GDP down.

2023
Overtook Pakistan in global rank auto
2023
Fuel subsidy removal curated

Petrol subsidy cut and currency reforms spark inflation.

Imports - Trade Value (US$ Thousand), 1996-2023

World Bank WITS · US$ thousand · linear scale · ranking in the race above
19962006201620234.48M24.67M44.86M65.05M

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