Niger - International trade

Niger runs a continuous deficit in merchandise trade, with exports in 1997 at US$300 million and imports at US$441 million. This deficit is met by international aid, mostly from France.

Niger's exports in 1995 were mainly uranium (49 percent), livestock and meat products (17 percent), and cowpeas (7 percent). Most of Niger's exports, mainly the uranium, went to France (74 percent), Côte d'Ivoire (8 percent), and Nigeria (3 percent).

Imports in 1995 were dominated by consumer manufactures (62 percent), machinery and vehicles (20 percent), cereals (10 percent), and fuels (8 percent). France provided most of Niger's imports with 19 percent of the total, and other sources of imports were Cote d'Ivoire (12 percent), Germany (2 percent), and Japan (2 percent).

In 1994 devaluation of the CFA franc enhanced the profitability of exports and discouraged imports. Consequently

Trade (expressed in billions of US$): Niger
Exports Imports
1975 .091 .101
1980 .566 .594
1985 .259 .369
1990 .283 .389
1995 .287 .374
1998 N/A N/A
SOURCE: International Monetary Fund. International Financial Statistics Yearbook 1999.

Exchange rates: Niger
Communaute Financiere Africaine francs (CFA Fr) per US$1
Jan 2001 699.21
2000 711.98
1999 615.70
1998 589.95
1997 583.67
1996 511.55
Note: From January 1, 1999, the CFA Fr is pegged to the euro at a rate of 655.957 CFA Fr per euro.
SOURCE: CIA World Factbook 2001 [ONLINE].

the trade deficit fell to half its 1980 level, and in 1997 it stood at US$141 million. Trade with Nigeria, which is Niger's biggest regional trading partner, has improved greatly since the 1994 devaluation. However, much of this trade, as in the case of other neighbors, is smuggled across unsecured land borders and goes unrecorded.

Also read article about Niger from Wikipedia

User Contributions:

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Mar 27, 2011 @ 4:16 pm
i would like to know the different countries trading with niger and their benefits from the leading export.
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Oct 25, 2011 @ 8:20 pm
what happened to the trade of niger when nigeria suffered the oil spills??
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Feb 27, 2018 @ 6:18 pm
i would like to know about trade for the Niger river

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