Switzerland (CHE) and Nigeria (NGA) Trade | The Observatory of Economic Complexity

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Switzerland-Nigeria In 2022, Switzerland exported $204M to Nigeria. The main products that Switzerland exported to Nigeria are Gas Turbines ($52.2M), Packaged Medicaments ($23.4M), and Scented Mixtures ($14.2M). During the last 27 years the exports of Switzerland to Nigeria have increased at an annualized rate of 3.68%, from $77M in 1995 to $204M in 2022.

In 2019, Switzerland exported services to Nigeria worth $1.68M, with Travel ($1.68M) being the largest in terms of value.

Nigeria-Switzerland In 2022, Nigeria exported $1.07B to Switzerland. The main products that Nigeria exported to Switzerland were Crude Petroleum ($747M), Gold ($317M), and Cocoa Shells ($3.22M). During the last 27 years the exports of Nigeria to Switzerland have increased at an annualized rate of 6.81%, from $181M in 1995 to $1.07B in 2022.

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

Comparison In 2022, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.85), and 17 in total exports ($402B). 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, Switzerland exported $204M to Nigeria. The main products exported from Switzerland to Nigeria were Gas Turbines ($52.2M), Packaged Medicaments ($23.4M), and Scented Mixtures ($14.2M). During the last 27 years the exports of Switzerland to Nigeria have increased at an annualized rate of 3.68%, from $77M in 1995 to $204M in 2022.

In 2022, Nigeria exported $1.07B to Switzerland. The main products exported from Nigeria to Switzerland were Crude Petroleum ($747M), Gold ($317M), and Cocoa Shells ($3.22M). During the last 27 years the exports of Nigeria to Switzerland have increased at an annualized rate of 6.81%, from $181M in 1995 to $1.07B in 2022.

Exports from Switzerland () to Nigeria () (2022)

Exports from Nigeria () to Switzerland () (2022)

Latest Data

Trade between Switzerland () and Nigeria ()

Switzerland Exports

Date

Nigeria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Switzerland
Top DestinationUnited States$61.7B

Nigeria
Top DestinationSpain$9.41B

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

In 2021, countries that imported more from Switzerland than Nigeria were United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2021, countries that imported more from Nigeria than Switzerland were Indonesia ($3.83B), Cote d'Ivoire ($1.97B), and South Africa ($2.25B).

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

Comparative Advantage Switzerland - Nigeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Switzerland had a large net trade with Nigeria in the exports of Machines ($82.7M), Chemical Products ($56.7M), and Textiles ($20.2M).

During 2022, Nigeria had a large net trade with Switzerland in the exports of Mineral Products ($747M), Precious Metals ($317M), and Foodstuffs ($3.88M).

Service Trade

Bilateral Service Trade

Che Year

In 2019, Switzerland exported services to Nigeria worth $1.68M, with Travel ($1.68M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Switzerland () to Nigeria () (2019)

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

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Historical Data

Bilateral Trade by Products

Exports from Switzerland () to Nigeria () (2022)

Exports from Nigeria () to Switzerland () (2022)

Latest Data

Trade between Switzerland () and Nigeria ()

Switzerland Exports

Nigeria Exports

Market Competitiveness

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

Comparative Advantage Switzerland - Nigeria

Service Trade

Bilateral Service Trade

Services Exports from Switzerland () to Nigeria () (2019)

Economic Complexity

Competitive Landscape

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

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