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
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
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GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 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
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
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GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186

About

Nigeria-Estonia In 2022, Nigeria exported $8.99M to Estonia. The main products that Nigeria exported to Estonia are Cocoa Shells ($5.32M), Cocoa Beans ($2.28M), and Cocoa Paste ($821k). During the last 27 years the exports of Nigeria to Estonia have increased at an annualized rate of 15.3%, from $192k in 1995 to $8.99M in 2022.

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

Estonia-Nigeria In 2022, Estonia exported $245M to Nigeria. The main products that Estonia exported to Nigeria were Refined Petroleum ($154M), Wheat ($89.2M), and Broadcasting Equipment ($231k). During the last 27 years the exports of Estonia to Nigeria have increased at an annualized rate of 24.4%, from $678k in 1995 to $245M in 2022.

In 2020, Estonia exported services to Nigeria worth $24.3M, with Other business services ($20M), Travel ($4.11M), and Transportation ($114k) being the largest in terms of value.

Comparison In 2022,  Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67),  and 51 in total exports ($70.7B). That same year, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nigeria exported $8.99M to Estonia. The main products exported from Nigeria to Estonia were Cocoa Shells ($5.32M), Cocoa Beans ($2.28M), and Cocoa Paste ($821k). During the last 27 years the exports of Nigeria to Estonia have increased at an annualized rate of 15.3%, from $192k in 1995 to $8.99M in 2022.

In 2022, Estonia exported $245M to Nigeria. The main products exported from Estonia to Nigeria were Refined Petroleum ($154M), Wheat ($89.2M), and Broadcasting Equipment ($231k). During the last 27 years the exports of Estonia to Nigeria have increased at an annualized rate of 24.4%, from $678k in 1995 to $245M in 2022.

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

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

Latest Data

Trade between Nigeria (Flag) and Estonia (Flag)

Nigeria Exports

Estonia Exports

Market Competitiveness

Color
Nigeria
Top Destination
Spain$9.41B
Estonia
Top Destination
Finland$3B

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

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

In 2021, countries that imported more from Estonia than Nigeria were Finland ($3B), Latvia ($2.77B), and Lithuania ($1.51B).

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

Comparative Advantage Nigeria - Estonia

Flow
Scale

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

During 2022, Nigeria had a large net trade with Estonia in the exports of Foodstuffs ($8.98M), Machines ($3.15k), and Footwear and Headwear ($2.62k).

During 2022, Estonia had a large net trade with Nigeria in the exports of Mineral Products ($154M), Vegetable Products ($89.2M), and Machines ($524k).

Service Trade

Bilateral Service Trade

In 2020, Estonia exported services to Nigeria worth $24.3M, with Other business services ($20M), Travel ($4.11M), and Transportation ($114k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Estonia (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 Estonia. Similarly, the more yellow a dot/product is, the more Estonia has comparative advantage over Nigeria.

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

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