Nigeria Crude Oil: Exports

1980 - 2022 | Yearly | Barrel/Day th | Organization of the Petroleum Exporting Countries

Key information about Nigeria Crude Oil: Exports

  • Nigeria Crude Oil: Exports was reported at 1,388.260 Barrel/Day th in Dec 2022
  • This records a decrease from the previous number of 1,592.333 Barrel/Day th for Dec 2021
  • Nigeria Crude Oil: Exports data is updated yearly, averaging 1,812.900 Barrel/Day th from Dec 1980 to 2022, with 43 observations
  • The data reached an all-time high of 2,464.120 Barrel/Day th in 2010 and a record low of 935.200 Barrel/Day th in 1983
  • Nigeria Crude Oil: Exports data remains active status in CEIC and is reported by Organization of the Petroleum Exporting Countries
  • The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.OPEC.CO: Crude Oil Exports

View Nigeria's Crude Oil: Exports from 1980 to 2022 in the chart:

Nigeria Crude Oil: Exports

What was Nigeria's Crude Oil: Exports in 2022?

Nigeria Crude Oil: Exports was reported at 1,388.260 Barrel/Day th in Dec 2022 See the table below for more data.

Last Previous Min Max Unit Frequency Range
1,388.260 2022 1,592.333 2021 935.200 1983 2,464.120 2010 Barrel/Day th yearly 1980 - 2022

Crude Oil: Exports by Country Comparison

country/region Last Frequency Range
Algeria (Barrel/Day th) 476.896 2022 yearly 1980 - 2022
Angola (Barrel/Day th) 1,084.911 2022 yearly 1980 - 2022
Australia (Barrel/Day th) 243.573 2022 yearly 1980 - 2022
Azerbaijan (Barrel/Day th) 441.333 2022 yearly 1990 - 2022
Bahrain (Barrel/Day th) 151.583 2022 yearly 1980 - 2022
Brazil (Barrel/Day th) 1,346.417 2022 yearly 1980 - 2022
Brunei (Barrel/Day th) 38.917 2022 yearly 1980 - 2022
Cameroon (Barrel/Day th) 99.000 2008 yearly 1995 - 2008
Canada (Barrel/Day th) 3,350.200 2022 yearly 1980 - 2022
China (Barrel/Day th) 41.489 2022 yearly 1980 - 2022
Colombia (Barrel/Day th) 487.000 2022 yearly 1980 - 2022
Congo (Barrel/Day th) 242.839 2022 yearly 1980 - 2022
Ecuador (Barrel/Day th) 313.333 2022 yearly 1980 - 2022
Egypt (Barrel/Day th) 71.083 2022 yearly 1980 - 2022
Equatorial Guinea (Barrel/Day th) 80.721 2022 yearly 1980 - 2022
Gabon (Barrel/Day th) 184.911 2022 yearly 1980 - 2022
India (Barrel/Day th) 0.000 2022 yearly 1980 - 2022
Indonesia (Barrel/Day th) 39.583 2022 yearly 1980 - 2022
Iran (Barrel/Day th) 900.632 2022 yearly 1980 - 2022
Iraq (Barrel/Day th) 3,712.420 2022 yearly 1980 - 2022
Kazakhstan (Barrel/Day th) 1,315.167 2022 yearly 1990 - 2022
Kuwait (Barrel/Day th) 1,878.852 2022 yearly 1980 - 2022
Libya (Barrel/Day th) 919.828 2022 yearly 1980 - 2022
Malaysia (Barrel/Day th) 203.333 2022 yearly 1980 - 2022
Mexico (Barrel/Day th) 1,011.790 2022 yearly 1980 - 2022
Nigeria (Barrel/Day th) 1,388.260 2022 yearly 1980 - 2022
Norway (Barrel/Day th) 1,558.159 2022 yearly 1980 - 2022
Oman (Barrel/Day th) 921.803 2022 yearly 1980 - 2022
Qatar (Barrel/Day th) 475.353 2022 yearly 1980 - 2022
Russia (Barrel/Day th) 4,780.354 2022 yearly 1980 - 2022
Saudi Arabia (Barrel/Day th) 7,363.640 2022 yearly 1980 - 2022
Sudan (Barrel/Day th) 116.405 2022 yearly 1980 - 2022
Syria (Barrel/Day th) 250.000 2009 yearly 1995 - 2009
Trinidad and Tobago (Barrel/Day th) 54.083 2022 yearly 1980 - 2022
United Arab Emirates (Barrel/Day th) 2,717.117 2022 yearly 1980 - 2022
United Kingdom (Barrel/Day th) 540.191 2022 yearly 1980 - 2022
United States (Barrel/Day th) 3,604.000 2022 yearly 1980 - 2022
Venezuela (Barrel/Day th) 438.173 2022 yearly 1980 - 2022
Vietnam (Barrel/Day th) 55.083 2022 yearly 1980 - 2022

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Nigeria Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.8 Sep 2023 quarterly Dec 2010 - Sep 2023
Consolidated Fiscal Balance (USD mn) -3,071.175 Sep 2023 quarterly Mar 2005 - Sep 2023
National Government Debt (USD mn) 101,710.7 Dec 2023 quarterly Dec 2006 - Dec 2023
Government Debt: % of GDP (%) 49.5 Mar 2024 quarterly Dec 2010 - Mar 2024
Forecast: Government Expenditure (NGN bn) 99,387.936 2029 yearly 1990 - 2029
Forecast: Government Net Debt (NGN bn) 205,772.040 2028 yearly 1990 - 2028
Forecast: Government Revenue (NGN bn) 74,924.965 2029 yearly 1990 - 2029
Federal Govt Balance (NGN bn) -2,347.160 Sep 2023 quarterly Mar 2005 - Sep 2023
Gross Federation Account Revenue: Oil (NGN bn) 814.230 Sep 2023 quarterly Mar 2005 - Sep 2023
Gross Federation Account Revenue (NGN bn) 4,791.390 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Expenditure (NGN bn) 4,040.180 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Revenue (NGN bn) 1,693.020 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Expenditure: Recurrent (NGN bn) 2,791.110 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Expenditure: Capital (NGN bn) 1,043.310 Sep 2023 quarterly Mar 2005 - Sep 2023
Government Debt: Domestic (NGN bn) 53,258.012 Dec 2023 quarterly Dec 2005 - Dec 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -1.879 2028 yearly 1991 - 2028
Trade Balance (USD mn) 1,428.5 Mar 2024 monthly Jan 2003 - Mar 2024
Total Exports (USD mn) 4,145.4 Mar 2024 monthly Jan 2003 - Mar 2024
Total Exports Growth (%) 174.1 Mar 2024 monthly Jan 2004 - Mar 2024
Aluminum: Exports (USD th) 165,856.846 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 2,876.353 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 480.530 2022 yearly 1995 - 2022
Total Imports (USD mn) 2,989.3 Mar 2023 monthly Jan 2003 - Mar 2023
Total Imports Growth (%) 86.2 Mar 2024 monthly Jan 2004 - Mar 2024
Imports: Medicament (USD th) 755,360.705 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 508,406.689 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 318.790 Mar 2024 monthly Jan 2003 - Mar 2024
Total Imports from USA (USD mn) 171.033 Mar 2024 monthly Dec 2009 - Mar 2024
Total Exports to China (USD mn) 147.623 Mar 2024 monthly Jan 2007 - Mar 2024
Total Imports from China (USD mn) 783.503 Mar 2024 monthly Jan 2007 - Mar 2024
Imports (NGN mn) 4,104,729.001 Mar 2024 monthly Jan 2003 - Mar 2024
Exports: Crude Oil (NGN mn) 4,802,606.939 Mar 2024 monthly Jan 2003 - Mar 2024
Total Trade (NGN mn) 10,367,708.701 Mar 2024 monthly Jan 2003 - Mar 2024
Imports: Growth Rate: MoM (%) -14.880 Mar 2024 monthly Jan 2019 - Mar 2024
Exports: Growth Rate: MoM (%) -5.925 Mar 2024 monthly Jan 2019 - Mar 2024
Exports: Europe: ow UK (NGN mn) 45,513.199 Mar 2024 monthly Jan 2003 - Mar 2024
Exports (NGN mn) 6,262,979.700 Mar 2024 monthly Jan 2003 - Mar 2024
Exports: Europe: ow Netherlands (NGN mn) 306,499.089 Mar 2024 monthly Jan 2003 - Mar 2024
Exports: America: ow USA (NGN mn) 481,641.252 Mar 2024 monthly Jan 2003 - Mar 2024
Exports: Mineral Products (NGN mn) 33,075,147.443 2023 yearly 2003 - 2023
Exports: Vegetable Products (NGN mn) 786,963.687 2023 yearly 2003 - 2023
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) 53,170.162 2023 yearly 2003 - 2023
Imports: Europe: ow Germany (NGN mn) 100,497.011 Mar 2024 monthly Jan 2003 - Mar 2024
Imports: Europe: ow UK (NGN mn) 55,709.208 Mar 2024 monthly Jan 2003 - Mar 2024
Imports: Asia: ow China (NGN mn) 1,183,749.918 Mar 2024 monthly Jan 2007 - Mar 2024
Imports: America: ow USA (NGN mn) 258,403.312 Mar 2024 monthly Jan 2003 - Mar 2024
Imports: Europe: ow Netherlands (NGN mn) 149,192.106 Mar 2024 monthly Jan 2003 - Mar 2024
Imports: Manufactured Goods (NGN mn) 473,102.250 Mar 2024 monthly Jan 2003 - Mar 2024
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 809,093.260 Mar 2024 monthly Jan 2003 - Mar 2024
Imports: Chemicals and Chemical Products (NGN mn) 695,829.604 Mar 2024 monthly Jan 2003 - Mar 2024
Imports: Food and Live Animals (NGN mn) 576,995.375 Mar 2024 monthly Jan 2003 - Mar 2024
Imports: Machinery and Transport Equipment (NGN mn) 1,292,859.004 Mar 2024 monthly Jan 2003 - Mar 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 44.0 Sep 2023 quarterly Mar 2008 - Sep 2023
Current Account Balance (USD mn) 1,545.4 Sep 2023 quarterly Mar 2014 - Sep 2023
Current Account Balance: % of GDP (%) 1.9 Sep 2023 quarterly Mar 2014 - Sep 2023
Foreign Direct Investment (USD mn) 1,197.6 Mar 2023 quarterly Mar 2014 - Mar 2023
Foreign Direct Investment: % of GDP (%) 1.1 Sep 2023 quarterly Mar 2010 - Sep 2023
Foreign Portfolio Investment (USD mn) 2,876.923 Sep 2023 quarterly Mar 2008 - Sep 2023
Foreign Portfolio Investment: % of GDP (%) 3.6 Sep 2023 quarterly Mar 2010 - Sep 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 270.9 Sep 2023 quarterly Mar 2008 - Sep 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 2,606.059 Sep 2023 quarterly Mar 2008 - Sep 2023
External Debt (USD mn) 42,495.2 Dec 2023 quarterly Dec 2006 - Dec 2023
External Debt: % of GDP (%) 11.9 2023 yearly 1985 - 2023
External Debt: Short Term (USD mn) 1,005.6 2020 yearly 2008 - 2020
External Debt: Short Term: % of GDP (%) 0.2 2020 yearly 2008 - 2020
Forecast: Current Account Balance (USD bn) 0.890 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -90,273.874 2022 yearly 2005 - 2022
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
External Debt: Government (USD mn) 42,495.160 Dec 2023 quarterly Dec 2006 - Dec 2023
External Debt: Government: International Capital Market (USD mn) 15,118.350 Mar 2024 quarterly Mar 2011 - Mar 2024
Capital Inflow: Foreign Direct Investment (USD) 20,080,525.860 Nov 2022 monthly Jan 2007 - Nov 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 6.1 2019 yearly 2003 - 2019
Non-Performing Loans (USD mn) 3,315.011 Mar 2021 quarterly Mar 2007 - Mar 2021
Money Supply M1 (USD mn) 22,510.477 May 2024 monthly Nov 1992 - May 2024
Money Supply M2 (USD mn) 66,748.185 May 2024 monthly Nov 1992 - May 2024
M2 Growth (%) 78.2 May 2024 monthly Nov 1993 - May 2024
Reserve Requirement Ratio (%) 45.0 Jun 2024 monthly Nov 2005 - Jun 2024
Foreign Exchange Reserves (USD mn) 32,260.0 Jan 2024 monthly Jan 1960 - Jan 2024
Foreign Exchange Reserves: % of GDP (%) 8.942 Dec 2023 quarterly Dec 2010 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 8.2 Jan 2024 monthly Jan 2003 - Jan 2024
Gold Reserves (USD mn) 1,485.381 Dec 2023 monthly Dec 1950 - Dec 2023
Total Deposits (USD mn) 84,213.801 Dec 2019 monthly Nov 1992 - Dec 2019
Total Deposits Growth (%) 2.6 Dec 2019 monthly Nov 1993 - Dec 2019
Domestic Credit (USD mn) 69,244.2 May 2024 monthly Nov 1992 - May 2024
Domestic Credit Growth (%) 36.0 May 2024 monthly Nov 1993 - May 2024
Private Debt: % of Nominal GDP (%) 16.22 Sep 2023 quarterly Dec 2010 - Sep 2023
Monetary Survey: Liabilities: Base Money (NGN mn) 25,656,624.960 May 2024 monthly Jan 1993 - May 2024
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 65,603,723.610 May 2024 monthly Nov 1992 - May 2024
Monetary Survey: Liabilities: M2: M1 (NGN mn) 33,382,632.880 May 2024 monthly Nov 1992 - May 2024
Monetary Survey: Liabilities: M2 (NGN mn) 98,986,356.490 May 2024 monthly Nov 1992 - May 2024
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Non Performing Loans to Gross Loans (%) 4.140 Jun 2023 semiannually Dec 2003 - Jun 2023
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 2.4 Jan 2024 monthly Jul 2015 - Jan 2024

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