Table D.1.

1: Foreign Trade (N' Million)

Imports (cif) Exports & Re-Exports (fob) Total Trade Balance of Trade
Year Oil Non-Oil Total Oil Non-Oil Total Oil Non-Oil Total Oil Non-Oil Total
1960 27.0 404.8 431.8 8.8 330.6 339.4 35.8 735.4 771.2 (18.1) -74.2 (92.4)
1961 31.7 413.4 445.0 23.1 324.2 347.3 54.8 737.5 792.3 (8.6) -89.2 (97.8)
1962 33.0 373.5 406.4 34.4 302.7 337.1 67.4 676.1 743.5 1.5 -70.8 (69.4)
1963 37.3 377.9 415.2 40.4 338.3 378.7 77.6 716.2 793.8 3.1 -39.6 (36.5)
1964 46.4 461.0 507.4 64.1 365.2 429.3 110.5 826.2 936.7 17.7 -95.8 (78.1)
1965 47.9 502.2 550.1 136.2 400.6 536.8 184.1 902.8 1,086.8 88.3 -101.6 (13.3)
1966 22.0 490.7 512.7 183.9 384.2 568.2 206.0 874.9 1,080.9 161.9 -106.4 55.5
1967 23.2 417.9 441.1 144.8 340.9 485.6 168.0 758.7 926.7 121.5 -77.0 44.5
1968 39.6 345.8 385.4 74.0 348.1 422.1 113.6 693.9 807.5 34.4 2.4 36.7
1969 42.8 454.6 497.4 261.9 374.1 636.0 304.7 828.7 1,133.4 219.2 -80.6 138.6
1970 38.7 717.7 756.4 509.6 376.0 885.7 548.3 1,093.8 1,642.1 470.9 -341.7 129.2
1971 50.4 1,028.5 1,078.9 953.0 340.4 1,293.4 1,003.4 1,368.9 2,372.3 902.6 -688.1 214.5
1972 45.2 944.9 990.1 1,176.2 258.0 1,434.2 1,221.4 1,202.9 2,424.3 1,131.0 -686.9 444.1
1973 41.0 1,183.8 1,224.8 1,893.5 384.9 2,278.4 1,934.5 1,568.7 3,503.2 1,852.5 -798.9 1,053.6
1974 52.4 1,684.9 1,737.3 5,365.7 429.1 5,794.8 5,418.1 2,114.0 7,532.1 5,313.3 -1,255.8 4,057.5
1975 118.0 3,603.5 3,721.5 4,563.1 362.4 4,925.5 4,681.1 3,965.9 8,647.0 4,445.1 -3,241.1 1,204.0
1976 95.0 5,053.5 5,148.5 6,321.6 429.5 6,751.1 6,416.6 5,483.0 11,899.6 6,226.6 -4,624.0 1,602.6
1977 102.2 6,991.5 7,093.7 7,072.8 557.9 7,630.7 7,175.0 7,549.4 14,724.4 6,970.6 -6,433.6 537.0
1978 110.0 8,101.7 8,211.7 5,401.6 662.8 6,064.4 5,511.6 8,764.5 14,276.1 5,291.6 -7,438.9 (2,147.3)
1979 230.0 7,242.5 7,472.5 10,166.8 670.0 10,836.8 10,396.8 7,912.5 18,309.3 9,936.8 -6,572.5 3,364.3
1980 227.4 8,868.2 9,095.6 13,632.3 554.4 14,186.7 13,859.7 9,422.6 23,282.3 13,404.9 -8,313.8 5,091.1
1981 119.8 12,719.8 12,839.6 10,680.5 342.8 11,023.3 10,800.3 13,062.6 23,862.9 10,560.7 -12,377.0 (1,816.3)
1982 225.5 10,545.0 10,770.5 8,003.2 203.2 8,206.4 8,228.7 10,748.2 18,976.9 7,777.7 -10,341.8 (2,564.1)
1983 171.6 8,732.1 8,903.7 7,201.2 301.3 7,502.5 7,372.8 9,033.4 16,406.2 7,029.6 -8,430.8 (1,401.2)
1984 282.4 6,895.9 7,178.3 8,840.6 247.4 9,088.0 9,123.0 7,143.3 16,266.3 8,558.2 -6,648.5 1,909.7
1985 51.8 7,010.8 7,062.6 11,223.7 497.1 11,720.8 11,275.5 7,507.9 18,783.4 11,171.9 -6,513.7 4,658.2
1986 913.9 5,069.7 5,983.6 8,368.5 552.1 8,920.6 9,282.4 5,621.8 14,904.2 7,454.6 -4,517.6 2,937.0
1987 3,170.1 14,691.6 17,861.7 28,208.6 2,152.0 30,360.6 31,378.7 16,843.6 48,222.3 25,038.5 -12,539.6 12,498.9
1988 3,803.1 17,642.6 21,445.7 28,435.4 2,757.4 31,192.8 32,238.5 20,400.0 52,638.5 24,632.3 -14,885.2 9,747.1
1989 4,671.6 26,188.6 30,860.2 55,016.8 2,954.4 57,971.2 59,688.4 29,143.0 88,831.4 50,345.2 -23,234.2 27,111.0
1990 6,073.1 39,644.8 45,717.9 106,626.5 3,259.6 109,886.1 112,699.6 42,904.4 155,604.0 100,553.4 -36,385.2 64,168.2
1991 7,772.2 81,716.0 89,488.2 116,858.1 4,677.3 121,535.4 124,630.3 86,393.3 211,023.6 109,085.9 -77,038.7 32,047.2
1992 19,561.5 123,589.7 143,151.2 201,383.9 4,227.8 205,611.7 220,945.4 127,817.5 348,762.9 181,822.4 -119,361.9 62,460.5
1993 41,136.1 124,493.3 165,629.4 213,778.8 4,991.3 218,770.1 254,914.9 129,484.6 384,399.5 172,642.7 -119,502.0 53,140.7
1994 42,349.6 120,439.2 162,788.8 200,710.2 5,349.0 206,059.2 243,059.8 125,788.2 368,848.0 158,360.6 -115,090.2 43,270.4
1995 155,825.9 599,301.8 755,127.7 927,565.3 23,096.1 950,661.4 1,083,391.2 622,397.9 1,705,789.1 771,739.4 -576,205.7 195,533.7
1996 162,178.7 400,447.9 562,626.6 1,286,215.9 23,327.5 1,309,543.4 1,448,394.6 423,775.4 1,872,170.0 1,124,037.2 -377,120.4 746,916.8
1997 166,902.5 678,814.1 845,716.6 1,212,499.4 29,163.3 1,241,662.7 1,379,401.9 707,977.4 2,087,379.3 1,045,596.9 -649,650.8 395,946.1
1998 175,854.2 661,564.5 837,418.7 717,786.5 34,070.2 751,856.7 893,640.7 695,634.7 1,589,275.4 541,932.3 -627,494.3 (85,562.0)
1999 211,661.8 650,853.9 862,515.7 1,169,476.9 19,492.9 1,188,969.8 1,381,138.7 670,346.8 2,051,485.5 957,815.1 -631,361.0 326,454.1
2000 220,817.7 764,204.7 985,022.4 1,920,900.4 24,822.9 1,945,723.3 2,141,718.1 789,027.6 2,930,745.7 1,700,082.7 -739,381.8 960,700.9
2001 237,106.8 1,121,073.5 1,358,180.3 1,839,945.3 28,008.6 1,867,953.9 2,077,052.1 1,149,082.1 3,226,134.2 1,602,838.4 -1,093,064.9 509,773.5
2002 361,710.0 1,150,985.3 1,512,695.3 1,649,445.8 94,731.8 1,744,177.7 2,011,155.8 1,245,717.2 3,256,873.0 1,287,735.8 -1,056,253.5 231,482.3
2003 398,922.3 1,681,313.0 2,080,235.3 2,993,110.0 94,776.4 3,087,886.4 3,392,032.3 1,776,089.4 5,168,121.7 2,594,187.6 -1,586,536.5 1,007,651.1
2004 318,114.7 1,668,930.6 1,987,045.3 4,489,472.2 113,309.4 4,602,781.5 4,807,586.9 1,782,239.9 6,589,826.8 4,171,357.5 -1,555,621.2 2,615,736.3
2005 797,298.9 2,003,557.4 2,800,856.3 7,140,578.9 105,955.9 7,246,534.8 7,937,877.9 2,109,513.3 10,047,391.1 6,343,280.0 -1,897,601.5 4,445,678.5
2006 1 710,683.0 2,397,836.3 3,108,519.3 7,191,085.6 133,595.0 7,324,680.6 7,901,768.6 2,531,431.3 10,433,200.0 6,480,402.6 -2,264,241.3 4,216,161.3
2007 1 768,226.84 3,143,725.8 3,911,952.6 8,110,500.4 199,257.9 8,309,758.3 8,878,727.2 3,342,983.7 12,221,711.0 7,342,273.5 -2,944,467.9 4,397,805.7
2008 1 1,386,729.93 3,803,072.7 5,189,802.6 9,913,651.1 247,839.0 10,161,490.1 11,300,381.1 4,050,911.7 15,351,292.7 8,526,921.2 -3,555,233.7 4,971,687.5
2009 1 1,063,544.2 4,038,990.2 5,102,534.4 8,067,233.0 289,152.6 8,356,385.6 9,130,777.2 4,328,142.8 13,458,920.0 7,003,688.8 -3,749,837.6 3,253,851.2
2010 2 2,073,579.0 5,931,795.2 8,005,374.2 10,639,417.4 396,377.2 11,035,794.5 12,712,996.4 6,328,172.4 19,041,168.8 8,565,838.3 -5,535,418.0 3,030,420.3
Sources: National Bureau of Statistics and Central Bank of Nigeria
Notes: 1Revised
2
Provisional