#DailyDataCard: Nigeria’s Foreign Trade in Q3 2023
#DailyDataCard: Nigeria’s Foreign Trade in Q3 2023
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#DailyDataCard: The Most Used Mode of Transportation for Nigeria's Foreign Trade in Q4 2022
#DailyDataCard: The Most Used Mode of Transportation for Nigeria's Foreign Trade in Q4 2022
Nigeria’s Foreign Trade Increased by 10.43% Between Q2 and Q3 2021, Imports Continue to Take the Cake
The foreign trade statistics report released by the National Bureau of Statistics in December shows that there is a 1% increase in exported goods between Q2 2021 and Q3 2021 and a 10.43% increase in total trade. Q2 2021 saw a total import estimated at 8.2 trillion and the total export trade was 5.1 trillion. In Q3 total export trade was 5.13 trillion and 8.15 trillion goods were imported in the Q3. The Q3 export figures show a 1% increase in export trade of the country.
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#ChartoftheDay: Top 15 Import Traded Products in Q3 2021
These are the top 15 top import traded products for Q3 2021 according to the recently released report for Foreign Trade in Goods Statistics for Q3 2021.
Foreign trade statistics highlight Nigeria’s “one-commodity-ness”
Given the reality of the continuing pandemic, a decline in Nigeria’s total trade is not unexpected. But, a 27% drop in trade between the first and second quarters of 2020?