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Pricing

2022
Flag → Flag
Exports $21.4kRnk 64 / 121
2022
Flag → Flag
Top Product $8.85kCarboxyamide Compounds
2022
Flag → Flag
Exports $1.2kRnk 162 / 166
2022
Flag → Flag
Top Product $370Broadcasting Equipment
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag  
GDP$16.7BCURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP GROWTH-12.4%CURRENT US$
Rnk 176 / 186
2022
Flag
 GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
GDP PC $37,152CURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP PC GROWTH-20.7%CURRENT US$
Rnk 174 / 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

Brunei-Nigeria Trade: In 2022, Brunei exported $21.4k to Nigeria. The main products that Brunei exported to Nigeria were Carboxyamide Compounds ($8.85k), Surveying Equipment ($4.54k), and Other Plastic Products ($2.82k). Over the past 5 years the exports of Brunei to Nigeria have decreased at an annualized rate of 39.1%, from $255k in 2017 to $21.4k in 2022.

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

Nigeria-Brunei Trade: In 2022, Nigeria exported $1.2k to Brunei. The main products that Nigeria exported to Brunei were Broadcasting Equipment ($370), Beauty Products ($279), and Packaged Medicaments ($149). Over the past 5 years the exports of Nigeria to Brunei have increased at an annualized rate of 4.45%,  from $963 in 2017 to $1.2k in 2022.

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

Comparison In 2022,  Brunei ranked 90 in total exports ($14B), and does not have data regarding Economic Complexity Index. 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, Brunei exported $21.4k to Nigeria. The main products exported from Brunei to Nigeria were Carboxyamide Compounds ($8.85k), Surveying Equipment ($4.54k), and Other Plastic Products ($2.82k). During the last 5 years the exports of Brunei to Nigeria have decreased at an annualized rate of 39.1%, from $255k in 2017 to $21.4k in 2022.

In 2017, Nigeria exported $1.2k to Brunei. The main products exported from Nigeria to Brunei were Broadcasting Equipment ($370), Beauty Products ($279), and Packaged Medicaments ($149). During the last 5 years the exports of Nigeria to Brunei have increased at an annualized rate of 4.45%, from $963 in 2022 to $1.2k in 2017.

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

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

Latest Data

Trade between Brunei (Flag) and Nigeria (Flag)

Brunei Exports

Nigeria Exports

Market Competitiveness

Color
Brunei
Top DestinationAustralia$2.66B
Nigeria
Top DestinationSpain$9.41B

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

In 2022, countries that imported more from Brunei than Nigeria included Australia ($2.66B), Singapore ($1.97B), and Japan ($2.32B).

In 2022, countries that imported more from Nigeria than Brunei included Spain ($9.41B), India ($8.2B), and France ($4.95B).

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

Comparative Advantage Brunei - Nigeria

Flow
Scale

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

During 2022, Brunei had a large net trade with Nigeria in the exports of Chemical Products ($8.86k), Instruments ($4.54k), and Machines ($3.77k).

During 2017, Nigeria had a large net trade with Brunei in the exports of Chemical Products ($540), Machines ($370), and Textiles ($219).

Economic Complexity

Competitive Landscape

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

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

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