Nigeria - Transport services exports

Transport services (% of commercial service exports)

The value for Transport services (% of commercial service exports) in Nigeria was 58.12 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of 93.35 in 2005 and a minimum value of 2.88 in 1989.

Definition: Transport services (% of commercial service exports) covers all transport services (sea, air, land, internal waterway, space, and pipeline) performed by residents of one economy for those of another and involving the carriage of passengers, movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Excluded are freight insurance, which is included in insurance services; goods procured in ports by nonresident carriers and repairs of transport equipment, which are included in goods; repairs of railway facilities, harbors, and airfield facilities, which are included in construction services; and rental of carriers without crew, which is included in other services.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1977 43.29
1978 60.13
1979 74.53
1980 80.89
1981 59.14
1982 61.84
1983 60.93
1984 59.19
1985 73.97
1986 27.13
1987 16.91
1988 36.30
1989 2.88
1990 3.86
1991 11.26
1992 14.60
1993 17.18
1994 13.63
1995 16.40
1996 10.42
1997 11.55
1998 12.84
1999 12.03
2000 12.03
2001 12.03
2002 12.03
2003 10.40
2004 20.17
2005 93.35
2006 88.82
2007 75.59
2008 65.94
2009 62.41
2010 75.20
2011 68.60
2012 67.45
2013 57.36
2014 51.37
2015 67.63
2016 51.30
2017 28.59
2018 30.59
2019 43.87
2020 58.12

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports