2023
Flag  
GDP
$343BCURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP GROWTH
61.1%CURRENT US$
Rnk 55 / 195
2023
Flag
 GDP
$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH
-30%CURRENT US$
Rnk 191 / 195
2023
Flag
GDP PC 
$31,591CURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP PC GROWTH
55.9%CURRENT US$
Rnk 36 / 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

Czechia-Nigeria Trade: In 2023, Czechia exported $113M to Nigeria. The main products that Czechia exported to Nigeria were Gas Turbines ($42.4M), Razor Blades ($8.65M), and Computers ($6.46M). Over the past 5 years the exports of Czechia to Nigeria have increased at an annualized rate of 6.83%, from $81.2M in 2018 to $113M in 2023.

In 2019, Czechia exported services to Nigeria worth $11.9M, with Other business services ($8.4M), Transportation ($2.24M), and Travel ($448k) being the largest in terms of value.

Nigeria-Czechia Trade: In 2023, Nigeria exported $24.9M to Czechia. The main products that Nigeria exported to Czechia were Gas Turbines ($15.1M), Non-Iron and Steel Slag, Ash and Residues ($5.87M), and Refractory Ceramics ($1.02M). Over the past 5 years the exports of Nigeria to Czechia have increased at an annualized rate of 23.2%,  from $8.78M in 2018 to $24.9M in 2023.

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

Comparison: In 2023,  Czechia ranked 7 in the Economic Complexity Index (ECI 1.6), and 30 in total exports ($224B). 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, Czechia exported $113M to Nigeria. The main products exported from Czechia to Nigeria were Gas Turbines ($42.4M), Razor Blades ($8.65M), and Computers ($6.46M). During the last 5 years the exports of Czechia to Nigeria have increased at an annualized rate of 6.83%, from $81.2M in 2018 to $113M in 2023.

In 2018, Nigeria exported $24.9M to Czechia. The main products exported from Nigeria to Czechia were Gas Turbines ($15.1M), Non-Iron and Steel Slag, Ash and Residues ($5.87M), and Refractory Ceramics ($1.02M). During the last 5 years the exports of Nigeria to Czechia have increased at an annualized rate of 23.2%, from $8.78M in 2023 to $24.9M in 2018.

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

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

Latest Data

Trade between Czechia (Flag) and Nigeria (Flag)

Czechia Exports

Market Competitiveness

Color
Czechia
Top Destination
Germany$64.2B
Nigeria
Top Destination
United States$6.29B

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

In 2023, countries that imported more from Czechia than Nigeria included Germany ($64.2B), Slovakia ($15.8B), and Poland ($13.8B).

In 2023, countries that imported more from Nigeria than Czechia included Indonesia ($3.44B), India ($3.64B), and Cote d'Ivoire ($2.4B).

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

Comparative Advantage Czechia - Nigeria

Flow
Scale

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

During 2023, Czechia had a large net trade with Nigeria in the exports of Machines ($67.7M), Weapons ($14.1M), and Metals ($10.4M).

During 2018, Nigeria had a large net trade with Czechia in the exports of Machines ($15.4M), Mineral Products ($5.87M), and Vegetable Products ($1.61M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Czechia Nigeria+$10.3MWheat
Top Product Potential Nigeria Czechia+$635kCoconuts, Brazil Nuts, and Cashews

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 Czechia and Nigeria. This means that a dot/product with the flag of Czechia indicates it has a comparative advantage over Nigeria. Similarly, a dot/product with the flag of Nigeria indicates it has a comparative advantage over Czechia.

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

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