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2022
Flag → Flag
Exports $8.2BRnk 2 / 166
2022
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Top Product $7.35BCrude Petroleum
2022
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Exports $5.43BRnk 27 / 217
2022
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Top Product $2.37BRefined Petroleum
2022
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Economic Complexity (ECI) ECI -1.67Rnk 119 / 124
2022
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Economic Complexity (ECI) ECI 0.57Rnk 42 / 124
2022
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GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
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GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
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 GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
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GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
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GDP PC $2,184CURRENT US$
Rnk 146 / 186
2012-2022
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GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 186
2022
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GDP PC$2,389CURRENT US$
Rnk 140 / 186
2012-2022
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GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186

About

Nigeria-India In 2022, Nigeria exported $8.2B to India. The main products that Nigeria exported to India are Crude Petroleum ($7.35B), Petroleum Gas ($443M), and Nitrogenous Fertilizers ($175M). During the last 27 years the exports of Nigeria to India have increased at an annualized rate of 9.17%, from $768M in 1995 to $8.2B in 2022.

In 2022, Nigeria did not export any services to India.

India-Nigeria In 2022, India exported $5.43B to Nigeria. The main products that India exported to Nigeria were Refined Petroleum ($2.37B), Packaged Medicaments ($409M), and Motorcycles and cycles ($345M). During the last 27 years the exports of India to Nigeria have increased at an annualized rate of 14.4%, from $145M in 1995 to $5.43B in 2022.

In 2022, India did not export any services to Nigeria.

Comparison In 2022,  Nigeria ranked 119 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). That same year, India ranked 42 in the Economic Complexity Index (ECI 0.57), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nigeria exported $8.2B to India. The main products exported from Nigeria to India were Crude Petroleum ($7.35B), Petroleum Gas ($443M), and Nitrogenous Fertilizers ($175M). During the last 27 years the exports of Nigeria to India have increased at an annualized rate of 9.17%, from $768M in 1995 to $8.2B in 2022.

In 2022, India exported $5.43B to Nigeria. The main products exported from India to Nigeria were Refined Petroleum ($2.37B), Packaged Medicaments ($409M), and Motorcycles and cycles ($345M). During the last 27 years the exports of India to Nigeria have increased at an annualized rate of 14.4%, from $145M in 1995 to $5.43B in 2022.

Exports from Nigeria (Flag) to India (Flag) (2022)

Exports from India (Flag) to Nigeria (Flag) (2022)

Latest Data

Trade between Nigeria (Flag) and India (Flag)

Nigeria Exports

India Exports

Market Competitiveness

Color
Nigeria
Top DestinationSpain$9.41B
India
Top DestinationUnited States$82.9B

This map shows whether countries import more from Nigeria or India. Each country is colored based on the difference in imports they receive from Nigeria and India or the difference in the growth in imports.

In 2021, countries that imported more from Nigeria than India were Spain ($9.41B), Cote d'Ivoire ($1.97B), and Portugal ($1.93B).

In 2021, countries that imported more from India than Nigeria were United States ($82.9B), United Arab Emirates ($31.6B), and China ($15.3B).

Difference in imports from India (Flag) and Nigeria (Flag) (2022)

Comparative Advantage Nigeria - India

Flow
Scale

This chart compares trade between Nigeria and India by product, considering products traded by both, Nigeria and India.

During 2022, Nigeria had a large net trade with India in the exports of Mineral Products ($7.8B), Chemical Products ($178M), and Vegetable Products ($143M).

During 2022, India had a large net trade with Nigeria in the exports of Mineral Products ($2.4B), Chemical Products ($762M), and Machines ($672M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Nigeria has comparative advantage over India. Similarly, the more yellow a dot/product is, the more India has comparative advantage over Nigeria.

Product Space of Nigeria (Flag) and India (Flag) (2022)

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