Nigeria - Merchandise exports by the reporting economy, residual (% of total merchandise exports)

Merchandise exports by the reporting economy, residual (% of total merchandise exports) in Nigeria was 1.37 as of 2020. Its highest value over the past 60 years was 22.82 in 1976, while its lowest value was 0.25 in 1989.

Definition: Merchandise exports by the reporting economy residuals are the total merchandise exports by the reporting economy to the rest of the world as reported in the IMF's Direction of trade database, less the sum of exports by the reporting economy to high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise exports by the economy.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1960 10.70
1961 10.43
1962 4.03
1963 3.71
1964 5.49
1965 5.04
1966 4.66
1967 4.90
1968 8.12
1969 7.05
1970 8.47
1971 7.57
1972 7.39
1973 13.48
1974 14.27
1975 16.37
1976 22.82
1977 21.40
1978 8.35
1979 13.09
1981 22.37
1982 14.54
1983 7.40
1984 8.58
1985 0.81
1986 0.82
1987 0.82
1988 1.03
1989 0.25
1990 0.47
1991 1.40
1992 0.94
1993 1.01
1994 1.16
1995 0.92
1996 0.64
1997 0.42
1998 0.61
1999 0.54
2000 0.83
2001 2.01
2002 1.44
2003 1.00
2004 1.07
2005 1.11
2006 1.01
2007 1.19
2008 1.06
2009 1.10
2010 1.26
2011 1.34
2012 1.56
2013 1.10
2014 1.25
2015 1.04
2016 0.99
2017 1.09
2018 1.09
2019 1.22
2020 1.37

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports