Value of mineral product exports from Nigeria 2020-2023

Published by
Doris Dokua Sasu,
Mar 4, 2025

In 2023, Nigeria exported mineral products worth just over 33 trillion Nigerian naira, roughly 21.9 billion U.S. dollars. This was an increase of around 35.6 percent compared to the previous year, continuing the rising trend observed since 2020. Mineral products occupy the largest share of exports in the country.

Annual value of mineral products exported from Nigeria from 2020 to 2023 (in trillion Nigerian naira)

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Release date

December 2024

Region

Nigeria

Survey time period

2020 to 2023

Supplementary notes

Figures have been rounded to provide a better understanding of data.

The currency conversion rate was as of February 21, 2025, at 1 USD = 1,506.46 NGN.

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