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2023
Flag → Flag
Exports $18BRnk 34 / 208
2023
Flag → Flag
Top Product $530MMachinery Having Individual Functions
2023
Flag → Flag
Exports $2.51BRnk 7 / 159
2023
Flag → Flag
Top Product $995MPetroleum Gas
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.75Rnk 129 / 132
2023
Flag  
GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
 GDP$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH-30%CURRENT US$
Rnk 191 / 195
2023
Flag
GDP PC $12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC$1,597CURRENT US$
Rnk 164 / 196
2013-2023
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GDP PC GROWTH-44.4%CURRENT US$
Rnk 192 / 195

About

China-Nigeria Trade: In 2023, China exported $18B to Nigeria. The main products that China exported to Nigeria were Machinery Having Individual Functions ($530M), Broadcasting Equipment ($486M), and Non-Knit Women's Suits ($452M). Over the past 5 years the exports of China to Nigeria have increased at an annualized rate of 7.09%, from $12.8B in 2018 to $18B in 2023.

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

Nigeria-China Trade: In 2023, Nigeria exported $2.51B to China. The main products that Nigeria exported to China were Petroleum Gas ($995M), Crude Petroleum ($409M), and Other Mineral ($293M). Over the past 5 years the exports of Nigeria to China have increased at an annualized rate of 5.39%,  from $1.93B in 2018 to $2.51B in 2023.

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

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). That same year, Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B).

Latest Trends

December, 2024

About

Overview In December 2024, China exported $2.39B and imported $407M from Nigeria, resulting in a positive trade balance of $1.98B. Between December 2023 and December 2024 the exports of China have increased by $574M (31.6%) from $1.81B to $2.39B, while imports increased by $51.8M (14.6%) from $355M to $407M.

Trade In December 2024, the top exports of China to Nigeria were Synthetic Filament Yarn Woven Fabric ($90.9M), Telephones ($66.1M), Fake Hair ($54.2M), Light Pure Woven Cotton ($49.3M), and Light Fixtures ($38.1M). In December 2024 the top imports of China from Nigeria were Petroleum Gas ($113M), Crude Petroleum ($99.2M), Other Mineral ($16.8M), Niobium, Tantalum, Vanadium and Zirconium Ore ($11.2M), and Uranium and Thorium Ore ($8.48M).

Origins In December 2024 the exports of China were mainly from Zhejiang Province ($536M), Guangdong Province ($336M), Shandong Province ($309M), Jiangsu Province ($223M), and Hunan Province ($123M), while imports destinations were mainly Beijing ($219M), Zhejiang Province ($47.2M), Fujian Province ($30.3M), Shanghai Province ($21M), and Guangdong Province ($19.1M).

Growth In December 2024, the increase in China's year-by-year exports to Nigeria was explained primarily by an increase in product exports in Telephones ($24M or 57%), Fake Hair ($21.2M or 64.3%), and Light Pure Woven Cotton ($17.3M or 53.9%). In December 2024, the increase in China's year-by-year imports  from Nigeria was explained primarily by an increase in product imports  in Petroleum Gas ($66.4M or 142%), Tin Ores ($7.95M or 1.84k%), and Niobium, Tantalum, Vanadium and Zirconium Ore ($4.18M or 59.4%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$574M(31.6%)
IMPORT GROWTH (December 2023 - December 2024)$51.8M(14.6%)
MAIN EXPORTER (December 2024)Zhejiang Province$536M

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Nigeria and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Nigeria and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $18B to Nigeria. The main products exported from China to Nigeria were Machinery Having Individual Functions ($530M), Broadcasting Equipment ($486M), and Non-Knit Women's Suits ($452M). During the last 5 years the exports of China to Nigeria have increased at an annualized rate of 7.09%, from $12.8B in 2018 to $18B in 2023.

In 2018, Nigeria exported $2.51B to China. The main products exported from Nigeria to China were Petroleum Gas ($995M), Crude Petroleum ($409M), and Other Mineral ($293M). During the last 5 years the exports of Nigeria to China have increased at an annualized rate of 5.39%, from $1.93B in 2023 to $2.51B in 2018.

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

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

Market Competitiveness

Color
China
Top DestinationUnited States$436B
Nigeria
Top DestinationUnited States$6.29B

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

In 2023, countries that imported more from China than Nigeria included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, countries that imported more from Nigeria than China included Gibraltar ($478M).

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

Comparative Advantage China - Nigeria

Flow
Scale

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

During 2023, China had a large net trade with Nigeria in the exports of Machines ($5.47B), Metals ($2.33B), and Textiles ($2.11B).

During 2018, Nigeria had a large net trade with China in the exports of Mineral Products ($2.12B), Metals ($221M), and Vegetable Products ($108M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Nigeria+$348MTelephones
Top Product Potential Nigeria China+$1.09BCrude Petroleum

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.

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Economic Complexity

Competitive Landscape

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

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

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