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Export Market

Nigeria

ISO: NG / NGA

Country Profile

Capital Abuja
Population 223.8M
GDP $252.3B (2024)
GDP per Capita $1,084
Income Level Lower-Middle Income
Currency Nigerian naira (NGN ₦)
Language English
Timezone UTC+01:00
Region Africa · Western Africa

Trade Partners

Nigeria Exports To

  • USA 10.0%
  • Spain 9.0%
  • France 8.0%
  • Netherlands 7.0%
  • India 6.0%

Key exports: crude petroleum, natural gas, gold, fertilizers, cocoa beans (2023)

Nigeria Imports From

  • China 26.0%
  • Singapore 14.0%
  • Belgium 8.0%
  • India 6.0%
  • USA 4.0%

Key imports: refined petroleum, tanks and armored vehicles, wheat, plastics, cars (2023)

Economic Overview

largest African market economy; enormous but mostly lower middle income labor force; major oil exporter; key telecommunications and finance industries; susceptible to global energy price shocks; regional leader in critical infrastructure; primarily agrarian employment

Government: federal presidential republic

UK Trade Status

No FTA

There is currently no free trade agreement between the UK and Nigeria. Standard WTO terms apply.

Geographic Region

Africa

Trading Bloc Memberships

Nigeria is a member of the following trade agreements and economic blocs.

AfCFTA African Continental Free Trade Area Free Trade Area ECOWAS Economic Community of West African States Economic Union

Export Guidance

Relevant guidance for exporting to Nigeria.

Start Your Export Journey

Export to the EU after Brexit Start exporting from the UK Manage your export compliance

Also in This Region

🇩🇿 Algeria 🇧🇼 Botswana FTA 🇨🇲 Cameroon FTA 🇪🇬 Egypt FTA 🇸🇿 Eswatini FTA 🇪🇹 Ethiopia 🇬🇭 Ghana FTA 🇨🇮 Ivory Coast FTA

Official Resources

Government export support for Nigeria.

great.gov.uk Market Guide → GOV.UK Country Information →
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