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Pricing

2022
Flag → Flag
Exports $3.24BRnk 56 / 219
2022
Flag → Flag
Top Product $580MCars
2022
Flag → Flag
Exports $4.83BRnk 4 / 166
2022
Flag → Flag
Top Product $4.02BCrude Petroleum
2022
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Economic Complexity (ECI) ECI 1.41Rnk 10 / 124
2022
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Economic Complexity (ECI) ECI -1.67Rnk 119 / 124
2022
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GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 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 $76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 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

United States-Nigeria In 2022, United States exported $3.24B to Nigeria. The main products that United States exported to Nigeria are 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.

Nigeria-United States In 2022, Nigeria exported $4.83B to United States. The main products that Nigeria exported 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, Nigeria did not export any services to United States.

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

COMPANIES In 2023, leading companies such as RHI US LTD (108), IKEA SUPPLY AG (74), and FORD MOTOR COMPANY (60) were at the forefront of exporting goods from Nigeria to the United States. Conversely, SAS ALSAPAN (74), FORD MOTOR CO (60), and PERROTTON SA (58) were notable for importing Nigeria products to the United States.

Latest Trends

January, 2024

About

Overview In January 2024, United States exported $292M and imported $528M from Nigeria, resulting in a negative trade balance of $236M. Between January 2023 and January 2024 the exports of United States have increased by $88.3M (43.4%) from $204M to $292M, while imports decreased by $-197M (-27.2%) from $725M to $528M.

Trade In January 2024, the top exports of United States to Nigeria were Cars ($35M), Wheat ($34.6M), Petroleum Gas ($31.4M), Petroleum Coke ($11.1M), and Motor vehicles; parts and accessories (8701... ($10.7M). In January 2024 the top imports of United States from Nigeria were Crude Petroleum ($610M), Petroleum Gas ($86.2M), Nitrogenous Fertilizers ($17.1M), Precious Stones ($2.19M), and Cocoa Beans ($1.47M).

Origins In January 2024 the exports of United States were mainly from Texas ($127M), Pennsylvania ($97.9M), Georgia ($9.76M), California ($7.75M), and Louisiana ($6.96M), while imports destinations were mainly Pennsylvania ($314M), New Jersey ($151M), Puerto Rico ($38.9M), Maryland ($9.8M), and Florida ($3.58M).

Growth In January 2024, the increase in United States's year-by-year exports to Nigeria was explained primarily by an increase in product exports in Gas Turbines ($10.6M or 17.4k%), Wheat ($5.63M or 19.5%), and Aircraft Parts ($5.3M or 203%). In January 2024, the decrease in United States's year-by-year imports  from Nigeria was explained primarily by an decrease in product imports  in Raw Lead ($-6.39M or -99.1%), Refined Petroleum ($-4.16M or -100%), and Commodities not elsewhere specified ($-1.82M or -67.7%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)$88.3M(43.4%)
IMPORT GROWTH (January 2023 - January 2024)$-197M(-27.2%)
MAIN EXPORTER (January 2024)Texas$127M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Nigeria and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

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.

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.

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

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

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Nigeria
Top DestinationSpain$9.41B

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

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

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

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

Comparative Advantage United States - Nigeria

Flow
Scale

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

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

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).

Service Trade

Bilateral Service Trade

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 (Flag) to Nigeria (Flag) (2017)

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

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

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