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2022
Flag → Flag
Exports $489MRnk 42 / 216
2022
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Top Product $80.8MMargarine
2022
Flag → Flag
Exports $3.83BRnk 6 / 166
2022
Flag → Flag
Top Product $3.66BCrude Petroleum
2022
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Economic Complexity (ECI) ECI -0.078Rnk 67 / 124
2022
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Economic Complexity (ECI) ECI -1.67Rnk 119 / 124
2022
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GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
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GDP GROWTH43.7%CURRENT US$
Rnk 79 / 186
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 PC $4,788CURRENT US$
Rnk 114 / 186
2012-2022
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GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 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

About

Indonesia-Nigeria In 2022, Indonesia exported $489M to Nigeria. The main products that Indonesia exported to Nigeria are Margarine ($80.8M), Uncoated Paper ($49.9M), and Palm Oil ($46.2M). During the last 27 years the exports of Indonesia to Nigeria have increased at an annualized rate of 8.77%, from $50.5M in 1995 to $489M in 2022.

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

Nigeria-Indonesia In 2022, Nigeria exported $3.83B to Indonesia. The main products that Nigeria exported to Indonesia were Crude Petroleum ($3.66B), Cocoa Beans ($105M), and Nitrogenous Fertilizers ($35.5M). During the last 27 years the exports of Nigeria to Indonesia have increased at an annualized rate of 12.8%, from $148M in 1995 to $3.83B in 2022.

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

Comparison In 2022,  Indonesia ranked 67 in the Economic Complexity Index (ECI -0.078), and 26 in total exports ($320B). That same year, Nigeria ranked 119 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Indonesia exported $489M to Nigeria. The main products exported from Indonesia to Nigeria were Margarine ($80.8M), Uncoated Paper ($49.9M), and Palm Oil ($46.2M). During the last 27 years the exports of Indonesia to Nigeria have increased at an annualized rate of 8.77%, from $50.5M in 1995 to $489M in 2022.

In 2022, Nigeria exported $3.83B to Indonesia. The main products exported from Nigeria to Indonesia were Crude Petroleum ($3.66B), Cocoa Beans ($105M), and Nitrogenous Fertilizers ($35.5M). During the last 27 years the exports of Nigeria to Indonesia have increased at an annualized rate of 12.8%, from $148M in 1995 to $3.83B in 2022.

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

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

Latest Data

Trade between Indonesia (Flag) and Nigeria (Flag)

Indonesia Exports

Nigeria Exports

Market Competitiveness

Color
Indonesia
Top DestinationChina$67.7B
Nigeria
Top DestinationSpain$9.41B

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

In 2021, countries that imported more from Indonesia than Nigeria were China ($67.7B), United States ($31.6B), and Japan ($26.6B).

In 2021, countries that imported more from Nigeria than Indonesia were Spain ($9.41B), France ($4.95B), and Cote d'Ivoire ($1.97B).

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

Comparative Advantage Indonesia - Nigeria

Flow
Scale

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

During 2022, Indonesia had a large net trade with Nigeria in the exports of Animal and Vegetable Bi-Products ($144M), Chemical Products ($105M), and Paper Goods ($69.8M).

During 2022, Nigeria had a large net trade with Indonesia in the exports of Mineral Products ($3.67B), Foodstuffs ($116M), and Chemical Products ($35.7M).

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

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

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