Terms of Trade in Nigeria decreased to 101.05 points in December from 101.16 points in November of 2022. source: National Bureau of Statistics, Nigeria

Terms of Trade in Nigeria averaged 99.56 points from 2000 until 2022, reaching an all time high of 160.25 points in March of 2010 and a record low of 49.48 points in April of 2006. This page provides - Nigeria Terms Of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Terms of Trade - values, historical data and charts - was last updated on June of 2023.

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Nigeria Terms of Trade

Related Last Previous Unit Reference
Balance of Trade 908495.75 49171.52 NGN Millions Mar 2023
Imports 1376383.63 1866912.43 NGN Millions Mar 2023
Exports 2284879.38 1916083.95 NGN Millions Mar 2023
Terms of Trade 101.05 101.16 points Dec 2022
Oil Exports 1716909.92 1534807.10 NGN Million Dec 2022
Non Oil Exports 636168.48 390478.20 NGN Million Dec 2022

Nigeria Terms of Trade
In Nigeria, Terms of Trade (ToT) correspond to the ratio of Price of exportable goods to the Price of importable goods.
Actual Previous Highest Lowest Dates Unit Frequency
101.05 101.16 160.25 49.48 2000 - 2022 points Monthly