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 · 2025Abuja
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)Loading Nigeria trade chart
Trade Agreements & Market Access
View AllAfCFTA Member
African Continental Free Trade Area
54
Countries
90%
Tariff Elimination
$3.4T
Market Size
Ratified: 2019 • Trading Status: Active
Learn moreOther Trade Agreements
ECOWASregional
activeZero tariffs on originating goods
West Africa
EPA with EUbilateral
activeDuty-free quota-free access
European Union
AGOA bilateral
activeDuty-free access to US market
United States
Total Active Agreements4
Preferential Market Access0+ countries
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 benefitsRegulatory & Compliance Requirements
Full GuideRequired 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)
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
Ports & Entry Points Performance
View AllLagos (Apapa & Tin Can)
Sea PortCapacity
1.5M TEUs
Avg. Dwell Time
7 days
Annual TEUs
1.2M
Operating Hours
24/7
Port Harcourt
Sea PortCapacity
500K TEUs
Avg. Dwell Time
9 days
Operating Hours
24/7
Calabar
Sea PortCapacity
500K TEUs
Avg. Dwell Time
11 days
Operating Hours
24/7
Warri
Sea PortCapacity
500K TEUs
Avg. Dwell Time
13 days
Operating Hours
24/7
Loading NGN currency chart
Key Trade Institutions in Nigeria
Nigerian Export Promotion Council (NEPC)
Export AuthorityKey Services:
Export registrationExport incentivesTrade missions
Nigeria Customs Service
Customscustoms.gov.ng
+234 9 290 5601
Standards Organisation of Nigeria (SON)
Standards Bodyson.gov.ng
+234 9 314 6792
Key Services:
SONCAP certificationQuality testingStandards development
Lagos Chamber of Commerce and Industry
Chamber of Commercelagoschamber.com
+234 1 774 7193
Central Bank of Nigeria
Central BankKey Services:
Export proceeds monitoringe-Form NXPForeign exchange
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