2022
Flag  
GDP
$477BCURRENT US$
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2012-2022
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GDP GROWTH
2.89%CURRENT US$
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2022
Flag
 GDP
$107BCURRENT US$
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2012-2022
Flag
GDP GROWTH
-14.6%CURRENT US$
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2022
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GDP PC 
$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH
-19.9%CURRENT US$
Rnk 173 / 186
2022
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GDP PC
$2,999CURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP PC GROWTH
-39.6%CURRENT US$
Rnk 182 / 186

About

Nigeria-Angola In 2022, Nigeria exported $9.94M to Angola. The main products that Nigeria exported to Angola are Natural Polymers ($1.44M), Raw Plastic Sheeting ($1.33M), and Engine Parts ($665k). During the last 26 years the exports of Nigeria to Angola have increased at an annualized rate of 22.2%, from $54.5k in 1996 to $9.94M in 2022.

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

Angola-Nigeria In 2022, Angola exported $9.05M to Nigeria. The main products that Angola exported to Nigeria were Passenger and Cargo Ships ($5.42M), Non-fillet Frozen Fish ($1.38M), and Special Purpose Ships ($629k). During the last 26 years the exports of Angola to Nigeria have increased at an annualized rate of 20.4%, from $71.8k in 1996 to $9.05M in 2022.

In 2022, Angola 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, Angola ranked 118 in the Economic Complexity Index (ECI -1.4), and 58 in total exports ($54.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nigeria exported $9.94M to Angola. The main products exported from Nigeria to Angola were Natural Polymers ($1.44M), Raw Plastic Sheeting ($1.33M), and Engine Parts ($665k). During the last 26 years the exports of Nigeria to Angola have increased at an annualized rate of 22.2%, from $54.5k in 1996 to $9.94M in 2022.

In 2022, Angola exported $9.05M to Nigeria. The main products exported from Angola to Nigeria were Passenger and Cargo Ships ($5.42M), Non-fillet Frozen Fish ($1.38M), and Special Purpose Ships ($629k). During the last 26 years the exports of Angola to Nigeria have increased at an annualized rate of 20.4%, from $71.8k in 1996 to $9.05M in 2022.

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

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

Latest Data

Trade between Nigeria (Flag) and Angola (Flag)

Nigeria Exports

Angola Exports

Market Competitiveness

Color
Nigeria
Top Destination
Spain$9.41B
Angola
Top Destination
China$21.8B

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

In 2021, countries that imported more from Nigeria than Angola were Spain ($9.41B), United States ($4.83B), and India ($8.2B).

In 2021, countries that imported more from Angola than Nigeria were China ($21.8B), United Arab Emirates ($3.63B), and Belgium ($1.26B).

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

Comparative Advantage Nigeria - Angola

Flow
Scale

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

During 2022, Nigeria had a large net trade with Angola in the exports of Machines ($3.96M), Plastics and Rubbers ($3.35M), and Transportation ($673k).

During 2022, Angola had a large net trade with Nigeria in the exports of Transportation ($6.1M), Animal Products ($1.38M), and Metals ($348k).

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

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

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