2023
Flag  
GDP
$2.64BCURRENT US$
Rnk 169 / 195
2013-2023
Flag
GDP GROWTH
7.77%CURRENT US$
Rnk 162 / 195
2023
Flag
 GDP
$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH
-30%CURRENT US$
Rnk 191 / 195
2023
Flag
GDP PC 
$193CURRENT US$
Rnk 196 / 195
2013-2023
Flag
GDP PC GROWTH
-17.8%CURRENT US$
Rnk 177 / 195
2023
Flag
GDP PC
$1,597CURRENT US$
Rnk 164 / 196
2013-2023
Flag
GDP PC GROWTH
-44.4%CURRENT US$
Rnk 192 / 195

About

Burundi-Nigeria Trade: In 2023, Burundi exported $275 to Nigeria. The main products that Burundi exported to Nigeria were Machinery Having Individual Functions ($138), Used Clothing ($86), and Knit Men's Undergarments ($51). Over the past 5 years the exports of Burundi to Nigeria have decreased at an annualized rate of 46.2%, from $6.08k in 2018 to $275 in 2023.

In 2023, Burundi did not export any services to Nigeria.

Nigeria-Burundi Trade: In 2023, Nigeria exported $741k to Burundi. The main products that Nigeria exported to Burundi were Sorghum ($741k). Over the past 5 years the exports of Nigeria to Burundi have increased at an annualized rate of 59.2%,  from $72.5k in 2018 to $741k in 2023.

In 2023, Nigeria did not export any services to Burundi.

Comparison In 2023,  Burundi ranked 186 in total exports ($199M), and does not have data regarding Economic Complexity Index. That same year, Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Burundi exported $275 to Nigeria. The main products exported from Burundi to Nigeria were Machinery Having Individual Functions ($138), Used Clothing ($86), and Knit Men's Undergarments ($51). During the last 5 years the exports of Burundi to Nigeria have decreased at an annualized rate of 46.2%, from $6.08k in 2018 to $275 in 2023.

In 2018, Nigeria exported $741k to Burundi. The main products exported from Nigeria to Burundi were Sorghum ($741k). During the last 5 years the exports of Nigeria to Burundi have increased at an annualized rate of 59.2%, from $72.5k in 2023 to $741k in 2018.

Exports from Burundi (Flag) to Nigeria (Flag) (2023)

Exports from Nigeria (Flag) to Burundi (Flag) (2023)

Latest Data

Trade between Burundi (Flag) and Nigeria (Flag)

Burundi Exports

Market Competitiveness

Color
Burundi
Top Destination
United Arab Emirates$117M
Nigeria
Top Destination
United States$6.29B

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

In 2023, countries that imported more from Burundi than Nigeria included Uganda ($16.4M), Finland ($2.72M), and Tanzania ($3.06M).

In 2023, countries that imported more from Nigeria than Burundi included United States ($6.29B), Spain ($5.76B), and France ($4.76B).

Difference in imports from Nigeria (Flag) and Burundi (Flag) (2023)

Comparative Advantage Burundi - Nigeria

Flow
Scale

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

During 2023, Burundi had a large net trade with Nigeria in the exports of Machines ($138) and Textiles ($137).

During 2018, Nigeria had a large net trade with Burundi in the exports of Vegetable Products ($741k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burundi Nigeria+$126kRefined Petroleum
Top Product Potential Nigeria Burundi+$10.9kMotor vehicles; parts and accessories (8701 to 8705)

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Burundi and Nigeria. This means that a dot/product with the flag of Burundi indicates it has a comparative advantage over Nigeria. Similarly, a dot/product with the flag of Nigeria indicates it has a comparative advantage over Burundi.

Product Space of Burundi (Flag) and Nigeria (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with