In 2020, Nigeria's exports decreased by 30 percent compared to the same period of the previous year. The last two quarters of the year experienced the largest drop. Nigeria's economy has been impacted by the coronavirus pandemic. Crude oil, petrol, and fuel represented Nigeria's main source of export value. Oil prices experienced a sharp fall with the pandemic outbreak and the country lowered the daily crude oil production consistently.
Percentage change in net exports from Nigeria from the 1st quarter of 2019 to the 4th quarter of 2020
Characteristic
Percentage change in Government Consumption Expenditure
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NBS (Nigeria). (April 30, 2021). Percentage change in net exports from Nigeria from the 1st quarter of 2019 to the 4th quarter of 2020 [Graph]. In Statista. Retrieved December 17, 2024, from https://www.statista.com/statistics/1193462/percentage-change-in-net-exports-from-nigeria/
NBS (Nigeria). "Percentage change in net exports from Nigeria from the 1st quarter of 2019 to the 4th quarter of 2020." Chart. April 30, 2021. Statista. Accessed December 17, 2024. https://www.statista.com/statistics/1193462/percentage-change-in-net-exports-from-nigeria/
NBS (Nigeria). (2021). Percentage change in net exports from Nigeria from the 1st quarter of 2019 to the 4th quarter of 2020. Statista. Statista Inc.. Accessed: December 17, 2024. https://www.statista.com/statistics/1193462/percentage-change-in-net-exports-from-nigeria/
NBS (Nigeria). "Percentage Change in Net Exports from Nigeria from The 1st Quarter of 2019 to The 4th Quarter of 2020." Statista, Statista Inc., 30 Apr 2021, https://www.statista.com/statistics/1193462/percentage-change-in-net-exports-from-nigeria/
NBS (Nigeria), Percentage change in net exports from Nigeria from the 1st quarter of 2019 to the 4th quarter of 2020 Statista, https://www.statista.com/statistics/1193462/percentage-change-in-net-exports-from-nigeria/ (last visited December 17, 2024)
Percentage change in net exports from Nigeria from the 1st quarter of 2019 to the 4th quarter of 2020 [Graph], NBS (Nigeria), April 30, 2021. [Online]. Available: https://www.statista.com/statistics/1193462/percentage-change-in-net-exports-from-nigeria/
