Central Bank of Nigeria
External Trade-Nigeria, Commodities Trade, Direction of Trade, Exports, Imports
This article is a report on Nigeria’s external trade in the first quarter of 1966 and notes that Nigeria's external trade recorded a marked improvement in the first quarter of 1966 over the positions attained in the comparable periods of the past six years. The article further notes that this improvement was maintained in each of the three months of the quarter. There was thus a trade surplus of £4.8 million during the quarter in contrast to deficits of £6.0 million and £8.9 million in the first quarters of 1964 and 1965, respectively as indicated in Table 1. Tables 2- 5 provides January-March 1966 data for various trade indications: Nigeria’s imports by S.I.T.C. sections; imports by major groups; Nigeria’s exports of major commodities by economic sectors; and direction of external trade.
CBN Economic and Financial Review (EFR)
Research Department. (1966). Nigeria’s external trade in the first quarter of 1966. Economic and Financial Review. 4(1), 8-12.