Federal finance and statistics / National Bureau of Statistics

Foreign Trade in Goods Statistics (Q3 2019)

Nigeria merchandise trade grew in Q3, 2019 with higher exports and lower imports. -Total trade grew by 6.8% in Q3,2019 compared to Q2,2019 and 1.33% relative to Q3, 2018. Imports - The value of total imports decreased 2.70% in Q3 2019 compared to Q2,2019, and 7.47% relative to the corresponding quarter of 2018. - In Q3, 2019, the value of imported agricultural products was 4.01% lower than in Q2,2019, but 7.21% higher than Q3, 2018. - The value of raw material imports decreased 4.64% in Q3,2019 relative to Q2, 2019 but increased 16.81% when compared to Q3 2018. - The value of solid minerals im…