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West Africa

Trade with Nigeria

Gateway to West African Trade

Comprehensive trade intelligence, verified suppliers, and market insights for doing business with Nigeria.

GDP

$386.7BProjection
IMF WEO October 2026 · 2026 projectionLatest reported actual: $290.8B (World Bank · 2025)

Population

237.5M
World Bank · 2025

Abuja

Capital

NGN

Currency

0+

Verified Suppliers

0+

Products Listed

Nigeria Trade Intelligence

Comprehensive economic data, market insights, and trade information to help you make informed business decisions.

Economic Overview

Official sources: IMF World Economic Outlook and World Bank. Source and year shown per figure.

GDP
$386.7BProjection
IMF WEO October 2026 · 2026 projectionLatest reported actual: $290.8B (World Bank · 2025)
Real GDP growth
4.2%Projection
IMF WEO October 2026 · 2026 projectionLatest reported actual: 4.0% (World Bank · 2025)
GDP per person
$1,594Projection
IMF WEO October 2026 · 2026 projectionLatest reported actual: $1,224 (World Bank · 2025)
Inflation
15.6%Projection
IMF WEO October 2026 · 2026 projectionLatest reported actual: 23.0% (World Bank · 2025)
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Export Strengths & Competitive Advantages

Top Export Products

Crude oil
Natural gas
Cocoa
Rubber
Sesame seeds
Cashews
Leather
Urea/Fertilizers

Competitive Advantages

Strategic Atlantic Ocean accessECOWAS free trade zoneEnergy sector expertisePremium agricultural productsAfCFTA member stateCompetitive labor costs

Export Incentives & Benefits

✓
Export Expansion Grant (EEG) - up to 30% of export value
✓
Duty drawback scheme
✓
Export Development Fund
✓
Pioneer status (tax holiday)
✓
Free zone benefits

Regulatory & Compliance Requirements

Full Guide

Required Export Documents

Commercial Invoice
Packing List
Certificate of Origin
Bill of Lading / Airway Bill
e-Form NXP (export proceeds form)
Phytosanitary Certificate
SON Quality Certificate
Export License (for controlled goods)
Insurance Certificate
Customs Declaration

Export Procedure Steps

1Register with Nigerian Export Promotion Council (NEPC)
2Obtain e-Form NXP from Central Bank of Nigeria
3Register with Nigeria Customs Service
4Prepare export documentation
5Apply for Certificate of Origin
6Obtain quality certification from SON (if required)
View all 9 steps

Logistics Performance IndexImproving

Overall LPI Score

2.70/ 5.00

Below Average

World Rank

#95

of 160

Score Breakdown

Customs Efficiency2.50
Infrastructure Quality2.40
Int'l Shipments2.80
Logistics Competence2.60
Tracking & Tracing2.50
Timeliness3.00

Data Source: World Bank Logistics Performance Index

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Key Trade Institutions in Nigeria

Nigerian Export Promotion Council (NEPC)

Export Authority

Key Services:

Export registrationExport incentivesTrade missions

Nigeria Customs Service

Customs
customs.gov.ng
+234 9 290 5601

Standards Organisation of Nigeria (SON)

Standards Body
son.gov.ng
+234 9 314 6792

Key Services:

SONCAP certificationQuality testingStandards development

Lagos Chamber of Commerce and Industry

Chamber of Commerce
lagoschamber.com
+234 1 774 7193

Central Bank of Nigeria

Central Bank

Key Services:

Export proceeds monitoringe-Form NXPForeign exchange

Need help navigating Nigeria's trade requirements?

Verified Nigeria Suppliers

Connect with trusted exporters

Products from Nigeria

Quality products ready for export

No Products Listed Yet

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