Belgium-Nigeria In 2022, Belgium exported $7.72B to Nigeria. The main products that Belgium exported to Nigeria are Refined Petroleum ($6.83B), Vaccines, blood, antisera, toxins and cultures ($515M), and Malt ($32M). During the last 23 years the exports of Belgium to Nigeria have increased at an annualized rate of 17.8%, from $178M in 1999 to $7.72B in 2022.
In 2020, Belgium exported services to Nigeria worth $32M, with Transportation ($13.7M), Other business services ($12.6M), and Financial services ($3.43M) being the largest in terms of value.
Nigeria-Belgium In 2022, Nigeria exported $719M to Belgium. The main products that Nigeria exported to Belgium were Petroleum Gas ($236M), Refined Petroleum ($183M), and Crude Petroleum ($148M). During the last 23 years the exports of Nigeria to Belgium have increased at an annualized rate of 14.5%, from $32M in 1999 to $719M in 2022.
In 2022, Nigeria did not export any services to Belgium.
Comparison In 2022, Belgium ranked 17 in the Economic Complexity Index (ECI 1.28), and 13 in total exports ($475B). That same year, Nigeria ranked 119 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).