Austria (AUT) and Nigeria (NGA) Trade | The Observatory of Economic Complexity

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Austria-Nigeria In 2022, Austria exported $165M to Nigeria. The main products that Austria exported to Nigeria are Light Pure Woven Cotton ($21.9M), Embroidery ($20.9M), and Electric Generating Sets ($11.8M). During the last 27 years the exports of Austria to Nigeria have increased at an annualized rate of 4.77%, from $47M in 1995 to $165M in 2022.

In 2020, Austria exported services to Nigeria worth $30.8M, with Computer and information services ($21.7M), Other business services ($5.71M), and Transportation ($1.14M) being the largest in terms of value.

Nigeria-Austria In 2022, Nigeria exported $2.2M to Austria. The main products that Nigeria exported to Austria were Paper Containers ($1.05M), Polyacetals ($551k), and Raw Lead ($91.6k). During the last 27 years the exports of Nigeria to Austria have decreased at an annualized rate of 15.7%, from $224M in 1995 to $2.2M in 2022.

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

Comparison In 2022, Austria ranked 8 in the Economic Complexity Index (ECI 1.48), and 32 in total exports ($209B). That same year, Nigeria ranked 119 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Austria exported $165M to Nigeria. The main products exported from Austria to Nigeria were Light Pure Woven Cotton ($21.9M), Embroidery ($20.9M), and Electric Generating Sets ($11.8M). During the last 27 years the exports of Austria to Nigeria have increased at an annualized rate of 4.77%, from $47M in 1995 to $165M in 2022.

In 2022, Nigeria exported $2.2M to Austria. The main products exported from Nigeria to Austria were Paper Containers ($1.05M), Polyacetals ($551k), and Raw Lead ($91.6k). During the last 27 years the exports of Nigeria to Austria have decreased at an annualized rate of 15.7%, from $224M in 1995 to $2.2M in 2022.

Exports from Austria () to Nigeria () (2022)

Exports from Nigeria () to Austria () (2022)

Latest Data

Trade between Austria () and Nigeria ()

Austria Exports

Date

Nigeria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Austria
Top DestinationGermany$57.7B

Nigeria
Top DestinationSpain$9.41B

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

In 2021, countries that imported more from Austria than Nigeria were Germany ($57.7B), Italy ($13.6B), and Hungary ($10.4B).

In 2021, countries that imported more from Nigeria than Austria were India ($8.2B), Spain ($9.41B), and Indonesia ($3.83B).

Difference in imports from Nigeria () and Austria () (2022)

Comparative Advantage Austria - Nigeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Austria had a large net trade with Nigeria in the exports of Machines ($68.6M), Textiles ($46.2M), and Paper Goods ($10.7M).

During 2022, Nigeria had a large net trade with Austria in the exports of Paper Goods ($1.05M), Plastics and Rubbers ($594k), and Machines ($165k).

Service Trade

Bilateral Service Trade

Aut Year

In 2020, Austria exported services to Nigeria worth $30.8M, with Computer and information services ($21.7M), Other business services ($5.71M), and Transportation ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Austria () to Nigeria () (2020)

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Austria () to Nigeria () (2022)

Exports from Nigeria () to Austria () (2022)

Latest Data

Trade between Austria () and Nigeria ()

Austria Exports

Nigeria Exports

Market Competitiveness

Difference in imports from Nigeria () and Austria () (2022)

Comparative Advantage Austria - Nigeria

Service Trade

Bilateral Service Trade

Services Exports from Austria () to Nigeria () (2020)

Economic Complexity

Competitive Landscape

Product Space of Austria () and Nigeria () (2022)

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