Federal finance and statistics / National Bureau of Statistics

Foreign Trade in Goods Statistics (Q3 2018)

Nigeria Merchandise Trade rose significantly in Q3, 2018: Key Highlights: Imports - Total imports of N 4,172.3 in Q3,2018 was 73.8 % higher than Q2,2018 due to importation of submersible drilling platforms in August which was quite expensive and of course occasional importation. In the same way, there was a rise of 67.7% when compared with the import value of the corresponding quarter in 2017. - Value of imported Agriculture products in Q3,2018 was 0.1% lower than the value recorded in Q2 and 3.10% lower than Q3, 2017 - Value of Raw material imports was 11.67% more than Q2, 2018 and 2.19% high…