Curaçao (CUW) and Nigeria (NGA) Trade | The Observatory of Economic Complexity

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Curaçao-Nigeria Trade: In 2022, Curaçao exported $2.05M to Nigeria. The main products that Curaçao exported to Nigeria were Other Agricultural Machinery ($1.07M), Soybean Oil ($193k), and Electrical Power Accessories ($115k). Over the past 6 years the exports of Curaçao to Nigeria have decreased at an annualized rate of 10.7%, from $4.04M in 2016 to $2.05M in 2022.

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

Nigeria-Curaçao Trade: In 2022, Nigeria exported $155k to Curaçao. The main products that Nigeria exported to Curaçao were N/A. Over the past 6 years the exports of Nigeria to Curaçao have increased at an annualized rate of 70.8%, from $10.6k in 2016 to $155k in 2022.

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

Comparison In 2022, Curaçao ranked 181 in total exports ($255M), 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Curaçao exported $2.05M to Nigeria. The main products exported from Curaçao to Nigeria were Other Agricultural Machinery ($1.07M), Soybean Oil ($193k), and Electrical Power Accessories ($115k). During the last 6 years the exports of Curaçao to Nigeria have decreased at an annualized rate of 10.7%, from $4.04M in 2016 to $2.05M in 2022.

In 2014, Nigeria exported $155k to Curaçao. There were not main exports from Nigeria to Curaçao in 2014. During the last 5 years the exports of Nigeria to Curaçao have increased at an annualized rate of 70.8%, from $10.6k in 2019 to $155k in 2014.

Exports from Curaçao () to Nigeria () (2022)

Exports from Nigeria () to Curaçao () (2022)

Latest Data

Trade between Curaçao () and Nigeria ()

Nigeria Exports

Date

Nov 2011

Jul 2011

Jun 2011

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Curaçao
Top DestinationUnited States$43.3M

Nigeria
Top DestinationSpain$9.41B

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

In 2022, countries that imported more from Curaçao than Nigeria included Costa Rica ($40.8M), Aruba ($15.7M), and Guatemala ($18.2M).

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

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

Comparative Advantage Curaçao - Nigeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Curaçao had a large net trade with Nigeria in the exports of Machines ($1.32M), Transportation ($248k), and Animal and Vegetable Bi-Products ($193k).

During 2014, Nigeria had a large net trade with Curaçao in the exports of .

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Curaçao () to Nigeria () (2022)

Exports from Nigeria () to Curaçao () (2022)

Latest Data

Trade between Curaçao () and Nigeria ()

Nigeria Exports

Market Competitiveness

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

Comparative Advantage Curaçao - Nigeria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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