- The All commodity group import index decreased by 0.25% due to the fall in prices of  textiles and textile articles, Raw hides and Skin, Boilers Machinery and Appliances.

 

- The All commodity group export price index rose by 1.02% due to increases  in the prices of Footwear, headgear, Umbrellas, Textiles and Textile articles, Prepared foodstuffs, beverages, spirits and Vinegar. 

 

- The All products terms of trade (TOT) index increased by 1.27% due to increases in prices of Footwear, Headgear, Umbrellas, Sun Shade…, Textiles and Textile articles, Prepared foodstuffs…, as well as Base Metals and articles of Base Metals

 

- The All region group export index rose by 1.02% mainly due to rise in export prices to Asia.

 

- The All region group import index declined by 0.25% due to decreases in import prices from America and Africa.

 

- The All region terms of trade increased by 1.27% due to increased  Trade with Asia, America and Europe

 

- Nigeria  major trading partners (both imports and exports) in Q2,2019 were India, China, Spain, United States and Netherlands

 

- The major export  to these countries were  crude petroleum and natural gas

 

- The major imports from these countries were Motor spirits, Used Vehicles and motor cycles

Data source: National Bureau of Statistics

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