2022
Flag  
GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
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GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
 GDP
$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
GDP PC 
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC
$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH
-19.9%CURRENT US$
Rnk 173 / 186

About

Iran-Nigeria In 2022, Iran exported $410k to Nigeria. The main products that Iran exported to Nigeria are Non-fillet Fresh Fish ($164k), Non-fillet Frozen Fish ($78.6k), and Other Plastic Products ($60.3k). During the last 26 years the exports of Iran to Nigeria have increased at an annualized rate of 1.55%, from $274k in 1996 to $410k in 2022.

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

Nigeria-Iran In 2022, Nigeria exported $271k to Iran. The main products that Nigeria exported to Iran were N/A. During the last 26 years the exports of Nigeria to Iran have increased at an annualized rate of 20.6%, from $2.09k in 1996 to $271k in 2022.

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

Comparison In 2022,  Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). 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, Iran exported $410k to Nigeria. The main products exported from Iran to Nigeria were Non-fillet Fresh Fish ($164k), Non-fillet Frozen Fish ($78.6k), and Other Plastic Products ($60.3k). During the last 26 years the exports of Iran to Nigeria have increased at an annualized rate of 1.55%, from $274k in 1996 to $410k in 2022.

In 2020, Nigeria exported $271k to Iran. There were not main exports from Nigeria to Iran in 2020. During the last 22 years the exports of Nigeria to Iran have increased at an annualized rate of 20.6%, from $2.09k in 1998 to $271k in 2020.

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

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

Latest Data

Trade between Iran (Flag) and Nigeria (Flag)

Nigeria Exports

Date

Market Competitiveness

Color
Iran
Top Destination
China$5.72B
Nigeria
Top Destination
Spain$9.41B

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

In 2021, countries that imported more from Iran than Nigeria were China ($5.72B), Turkey ($3.17B), and Pakistan ($762M).

In 2021, countries that imported more from Nigeria than Iran were Spain ($9.41B), India ($8.2B), and France ($4.95B).

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

Comparative Advantage Iran - Nigeria

Flow
Scale

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

During 2022, Iran had a large net trade with Nigeria in the exports of Animal Products ($243k), Plastics and Rubbers ($101k), and Machines ($38.2k).

During 2020, Nigeria had a large net trade with Iran in the exports of .

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

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

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