Federal Republic of Nigeria

In December 2025, exports from Saudi Arabia to Federal Republic of Nigeria amounted to ⃁ 206.7 million (0.1% of total exports), while imports from Federal Republic of Nigeria amounted to ⃁ 7.2 million (0.009% of total imports). As a result, the trade balance resulted in a surplus of ⃁ 199.5 million.

The graph shows the monthly evolution of exports from Saudi Arabia to Federal Republic of Nigeria and the monthly evolution of imports from Federal Republic of Nigeria. The line represents the trade balance.

The graph shows the annual fluctuations in export value from Saudi Arabia to Federal Republic of Nigeria, showcasing the corresponding annual growth trends.

Saudi Arabia's exports to Federal Republic of Nigeria in 2025 reached a total of ⃁ 2.7 billion. The main section wise exports in terms of commercial value were plastics and articles thereof (⃁ 1.4 billion), mineral fuels, oils and waxes (⃁ 517.8 million), and ships, boats and floating structures (⃁ 465.0 million).

The chart shows section wise exports by Saudi Arabia to Federal Republic of Nigeria annually, measured in commercial value.

Non-oil exports from Saudi Arabia to Federal Republic of Nigeria in March 2026 reached a total of ⃁ 70.8 million. The main non-oil exports were plastics, rubber and their articles (⃁ 67.3 million), articles of stone, plaster, cement, ceramic, glass (⃁ 687.9 thousand), and mineral products (⃁ 665.8 thousand).

The graph shows the non-oil products exported from Saudi Arabia to Federal Republic of Nigeria monthly.

During 2025, Saudi Arabia's imports from Federal Republic of Nigeria reached ⃁ 96.3 million, being higher by 69.7% compared to the previous year.

The graph shows the annual fluctuations of Saudi Arabia's import value from Federal Republic of Nigeria, showcasing the corresponding annual growth trends.

Saudi Arabia's imports from Federal Republic of Nigeria in 2025 reached a total of ⃁ 96.3 million. The main section wise imports in terms of commercial value were aluminium and articles thereof (⃁ 42.6 million), wood and articles of wood; wood charcoal (⃁ 31.7 million), and coffee, tea, mate and spices (⃁ 4.6 million).

The chart shows section wise imports by Saudi Arabia from Federal Republic of Nigeria annually, measured in commercial value.

In 2024, ⃁ 212.3 million in FDI stock were recorded, being lower by 0.3% compared to the previous year.

The graph shows the annual evolution of the stock of FDI from Federal Republic of Nigeria in Saudi Arabia.

In 2024, the value of the Foreign Direct Investment (FDI) Inflow was ⃁ 25.8 thousand while the FDI Outflow reached a value of ⃁ 561.4 thousand. These amounts resulted in an FDI Net Inflow of ⃁ -535.7 thousand, lower by 105.6% than the previous year.

The graph shows the annual evolution of FDI Inflow and Outflow between Federal Republic of Nigeria and Saudi Arabia. The line represents the FDI Net Inflow.

Note:

FDI inflows: Financial transactions that arise between the FDI institution, direct investors and related companies outside the Saudi economy, which occur during a certain period of time, and form inflows when their positive impact appears in excess of equity and/or debt instruments.

FDI outflows: These are financial transactions that arise between the Foreign Direct Investment Corporation, direct investors, and related companies outside the Saudi economy, and which occur during a certain period of time. They are outflows when their impact appears in a decrease in the side of obligations, such as paid dividends or repayment of loans and credit receivables, or when the foreign shareholder exits.

FDI net inflow: It represents the difference between inflows and outflows of foreign direct investment inflows.