Trade balance of services in Nigeria 2013-2023
In 2023, the trade deficit of services in Nigeria amounted to about 13.29 billion U.S. dollars. A positive value means a trade surplus, a negative trade balance means a trade deficit.
Trade balance of services in Nigeria from 2013 to 2023 (in billion U.S. dollars)
Source
In cooperation with
Release date
April 2024
More information
Region
Nigeria
Survey time period
2013 to 2023
Supplementary notes
This statistic has been calculated by Statista using data from the World Trade Organization. The trade balance is the value of exports minus the value of imports. A positive value indicates a trade surplus, a negative value a trade deficit.
Values have been rounded to provide a better understanding of the statistic.
Exports and imports of total commercial services, manufacturing services on physical inputs owned by others, maintenance and repair services n.i.e., transport, travel, and the breakdown of other commercial services, by region and available economy, 2005-onwards.
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WTO, & Statista. (April 10, 2024). Trade balance of services in Nigeria from 2013 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/973665/trade-balance-of-services-in-nigeria/
WTO, und Statista. "Trade balance of services in Nigeria from 2013 to 2023 (in billion U.S. dollars)." Chart. April 10, 2024. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/973665/trade-balance-of-services-in-nigeria/
WTO, Statista. (2024). Trade balance of services in Nigeria from 2013 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/973665/trade-balance-of-services-in-nigeria/
WTO, and Statista. "Trade Balance of Services in Nigeria from 2013 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 10 Apr 2024, https://www.statista.com/statistics/973665/trade-balance-of-services-in-nigeria/
WTO & Statista, Trade balance of services in Nigeria from 2013 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/973665/trade-balance-of-services-in-nigeria/ (last visited November 04, 2024)
Trade balance of services in Nigeria from 2013 to 2023 (in billion U.S. dollars) [Graph], WTO, & Statista, April 10, 2024. [Online]. Available: https://www.statista.com/statistics/973665/trade-balance-of-services-in-nigeria/