2022
Flag  
GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
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GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
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 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 PC 
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186
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

About

Hong Kong-Nigeria In 2022, Hong Kong exported $207M to Nigeria. The main products that Hong Kong exported to Nigeria are Broadcasting Equipment ($78.1M), Calculators ($25.4M), and Oxygen Amino Compounds ($19.2M). During the last 27 years the exports of Hong Kong to Nigeria have decreased at an annualized rate of 0.51%, from $238M in 1995 to $207M in 2022.

In 2022, Hong Kong did not export any services to Nigeria.

Nigeria-Hong Kong In 2022, Nigeria exported $33M to Hong Kong. The main products that Nigeria exported to Hong Kong were Scrap Aluminium ($12.2M), Raw Aluminium ($6.38M), and Niobium, Tantalum, Vanadium and Zirconium Ore ($6.06M). During the last 27 years the exports of Nigeria to Hong Kong have increased at an annualized rate of 8.38%, from $3.76M in 1995 to $33M in 2022.

In 2022, Nigeria did not export any services to Hong Kong.

Comparison In 2022,  Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). That same year, Nigeria ranked 127 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, Hong Kong exported $207M to Nigeria. The main products exported from Hong Kong to Nigeria were Broadcasting Equipment ($78.1M), Calculators ($25.4M), and Oxygen Amino Compounds ($19.2M). During the last 27 years the exports of Hong Kong to Nigeria have decreased at an annualized rate of 0.51%, from $238M in 1995 to $207M in 2022.

In 2022, Nigeria exported $33M to Hong Kong. The main products exported from Nigeria to Hong Kong were Scrap Aluminium ($12.2M), Raw Aluminium ($6.38M), and Niobium, Tantalum, Vanadium and Zirconium Ore ($6.06M). During the last 27 years the exports of Nigeria to Hong Kong have increased at an annualized rate of 8.38%, from $3.76M in 1995 to $33M in 2022.

Exports from Hong Kong (Flag) to Nigeria (Flag) (2022)

Exports from Nigeria (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Nigeria (Flag)

Hong Kong Exports

Nigeria Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$23.4B
Nigeria
Top Destination
Spain$9.41B

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

In 2021, countries that imported more from Hong Kong than Nigeria were China ($23.4B), India ($14.3B), and Malaysia ($3.84B).

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

Difference in imports from Nigeria (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Nigeria

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Nigeria in the exports of Machines ($135M), Chemical Products ($24.5M), and Transportation ($14.5M).

During 2022, Nigeria had a large net trade with Hong Kong in the exports of Metals ($18.7M), Mineral Products ($6.09M), and Machines ($4.31M).

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

Product Space of Hong Kong (Flag) and Nigeria (Flag) (2022)

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