Nigeria (NGA) and United States (USA) Trade | The Observatory of Economic Complexity

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Nigeria-United States In 2022, Nigeria exported $4.83B to United States. The main products that Nigeria exported to United States are Crude Petroleum ($4.02B), Refined Petroleum ($254M), and Nitrogenous Fertilizers ($227M). During the last 27 years the exports of Nigeria to United States have decreased at an annualized rate of 0.16%, from $5.05B in 1995 to $4.83B in 2022.

In 2022, Nigeria did not export any services to United States.

United States-Nigeria In 2022, United States exported $3.24B to Nigeria. The main products that United States exported to Nigeria were Cars ($580M), Wheat ($480M), and Refined Petroleum ($441M). During the last 27 years the exports of United States to Nigeria have increased at an annualized rate of 6.49%, from $595M in 1995 to $3.24B in 2022.

In 2017, United States exported services to Nigeria worth $2.24B, with Travel ($1.25B), Other business services ($470M), and Transportation ($162M) being the largest in terms of value.

Comparison In 2022, Nigeria ranked 119 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Nigeria exported $4.83B to United States. The main products exported from Nigeria to United States were Crude Petroleum ($4.02B), Refined Petroleum ($254M), and Nitrogenous Fertilizers ($227M). During the last 27 years the exports of Nigeria to United States have decreased at an annualized rate of 0.16%, from $5.05B in 1995 to $4.83B in 2022.

In 2022, United States exported $3.24B to Nigeria. The main products exported from United States to Nigeria were Cars ($580M), Wheat ($480M), and Refined Petroleum ($441M). During the last 27 years the exports of United States to Nigeria have increased at an annualized rate of 6.49%, from $595M in 1995 to $3.24B in 2022.

Exports from Nigeria () to United States () (2022)

Exports from United States () to Nigeria () (2022)

Latest Data

Trade between Nigeria () and United States ()

Nigeria Exports

Date

United States Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nigeria
Top DestinationSpain$9.41B

United States
Top DestinationCanada$308B

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

In 2021, countries that imported more from Nigeria than United States were Cote d'Ivoire ($1.97B), Gibraltar ($1.15B), and Togo ($750M).

In 2021, countries that imported more from United States than Nigeria were Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States () and Nigeria () (2022)

Comparative Advantage Nigeria - United States

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Nigeria had a large net trade with United States in the exports of Mineral Products ($4.39B), Chemical Products ($228M), and Metals ($66.6M).

During 2022, United States had a large net trade with Nigeria in the exports of Transportation ($848M), Mineral Products ($659M), and Vegetable Products ($490M).

Service Trade

Bilateral Service Trade

Usa Year

In 2017, United States exported services to Nigeria worth $2.24B, with Travel ($1.25B), Other business services ($470M), and Transportation ($162M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United States () to Nigeria () (2017)

Economic Complexity

Competitive Landscape

Year

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 United States. Similarly, the more yellow a dot/product is, the more United States has comparative advantage over Nigeria.

About

Historical Data

Bilateral Trade by Products

Exports from Nigeria () to United States () (2022)

Exports from United States () to Nigeria () (2022)

Latest Data

Trade between Nigeria () and United States ()

Nigeria Exports

United States Exports

Market Competitiveness

Difference in imports from United States () and Nigeria () (2022)

Comparative Advantage Nigeria - United States

Service Trade

Bilateral Service Trade

Services Exports from United States () to Nigeria () (2017)

Economic Complexity

Competitive Landscape

Product Space of Nigeria () and United States () (2022)

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