2022
Flag  
GDP
$477BCURRENT US$
Rnk 30 / 186
2012-2022
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GDP GROWTH
2.89%CURRENT US$
Rnk 159 / 186
2022
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 GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
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GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 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
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
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GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186

About

Nigeria-Netherlands In 2022, Nigeria exported $4.23B to Netherlands. The main products that Nigeria exported to Netherlands are Crude Petroleum ($3.8B), Cocoa Beans ($189M), and Petroleum Gas ($151M). During the last 27 years the exports of Nigeria to Netherlands have increased at an annualized rate of 9.57%, from $359M in 1995 to $4.23B in 2022.

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

Netherlands-Nigeria In 2022, Netherlands exported $6.47B to Nigeria. The main products that Netherlands exported to Nigeria were Refined Petroleum ($5.61B), Non-fillet Frozen Fish ($205M), and Coated Flat-Rolled Iron ($54M). During the last 27 years the exports of Netherlands to Nigeria have increased at an annualized rate of 12.5%, from $271M in 1995 to $6.47B in 2022.

In 2020, Netherlands exported services to Nigeria worth $538M, with Other business services ($351M), Computer and information services ($72.1M), and Royalties and license fees ($61.6M) 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, Netherlands ranked 20 in the Economic Complexity Index (ECI 1.1), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nigeria exported $4.23B to Netherlands. The main products exported from Nigeria to Netherlands were Crude Petroleum ($3.8B), Cocoa Beans ($189M), and Petroleum Gas ($151M). During the last 27 years the exports of Nigeria to Netherlands have increased at an annualized rate of 9.57%, from $359M in 1995 to $4.23B in 2022.

In 2022, Netherlands exported $6.47B to Nigeria. The main products exported from Netherlands to Nigeria were Refined Petroleum ($5.61B), Non-fillet Frozen Fish ($205M), and Coated Flat-Rolled Iron ($54M). During the last 27 years the exports of Netherlands to Nigeria have increased at an annualized rate of 12.5%, from $271M in 1995 to $6.47B in 2022.

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

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

Latest Data

Trade between Nigeria (Flag) and Netherlands (Flag)

Nigeria Exports

Netherlands Exports

Market Competitiveness

Color
Nigeria
Top Destination
Spain$9.41B
Netherlands
Top Destination
Germany$131B

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

In 2021, countries that imported more from Nigeria than Netherlands were India ($8.2B), Indonesia ($3.83B), and Cote d'Ivoire ($1.97B).

In 2021, countries that imported more from Netherlands than Nigeria were Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Comparative Advantage Nigeria - Netherlands

Flow
Scale

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

During 2022, Nigeria had a large net trade with Netherlands in the exports of Mineral Products ($3.95B), Foodstuffs ($204M), and Chemical Products ($18.6M).

During 2022, Netherlands had a large net trade with Nigeria in the exports of Mineral Products ($5.61B), Animal Products ($265M), and Machines ($188M).

Service Trade

Bilateral Service Trade

In 2020, Netherlands exported services to Nigeria worth $538M, with Other business services ($351M), Computer and information services ($72.1M), and Royalties and license fees ($61.6M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Netherlands (Flag) to Nigeria (Flag) (2020)

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

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

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