2022
Flag  
GDP
$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH
-8.2%CURRENT US$
Rnk 173 / 186
2022
Flag
 GDP
$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
GDP PC 
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 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

Algeria-Nigeria Trade: In 2022, Algeria exported $41.6M to Nigeria. The main products that Algeria exported to Nigeria were Refined Petroleum ($34.4M), Cranes ($6.74M), and Drafting Tools ($148k). Over the past 5 years the exports of Algeria to Nigeria have increased at an annualized rate of 65.5%, from $3.35M in 2017 to $41.6M in 2022.

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

Nigeria-Algeria Trade: In 2022, Nigeria exported $3.36M to Algeria. The main products that Nigeria exported to Algeria were Other Oily Seeds ($1.82M), Float Glass ($664k), and Cocoa Paste ($661k). Over the past 5 years the exports of Nigeria to Algeria have increased at an annualized rate of 12.8%,  from $1.84M in 2017 to $3.36M in 2022.

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

Comparison: In 2022,  Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B). 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, Algeria exported $41.6M to Nigeria. The main products exported from Algeria to Nigeria were Refined Petroleum ($34.4M), Cranes ($6.74M), and Drafting Tools ($148k). During the last 5 years the exports of Algeria to Nigeria have increased at an annualized rate of 65.5%, from $3.35M in 2017 to $41.6M in 2022.

In 2017, Nigeria exported $3.36M to Algeria. The main products exported from Nigeria to Algeria were Other Oily Seeds ($1.82M), Float Glass ($664k), and Cocoa Paste ($661k). During the last 5 years the exports of Nigeria to Algeria have increased at an annualized rate of 12.8%, from $1.84M in 2022 to $3.36M in 2017.

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

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

Latest Data

Trade between Algeria (Flag) and Nigeria (Flag)

Algeria Exports

Nigeria Exports

Market Competitiveness

Color
Algeria
Top Destination
Italy$16.9B
Nigeria
Top Destination
Spain$9.41B

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

In 2022, countries that imported more from Algeria than Nigeria included Italy ($16.9B), France ($6.99B), and Tunisia ($1.54B).

In 2022, countries that imported more from Nigeria than Algeria included India ($8.2B), Indonesia ($3.83B), and Spain ($9.41B).

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

Comparative Advantage Algeria - Nigeria

Flow
Scale

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

During 2022, Algeria had a large net trade with Nigeria in the exports of Mineral Products ($34.4M), Machines ($6.76M), and Instruments ($278k).

During 2017, Nigeria had a large net trade with Algeria in the exports of Vegetable Products ($2.01M), Stone And Glass ($664k), and Foodstuffs ($661k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Algeria Nigeria+$59.5MRefined Petroleum
Top Product Potential Nigeria Algeria+$902kOther Oily Seeds

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

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

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