2023
Flag  
GDP
$248BCURRENT US$
Rnk 53 / 195
2013-2023
Flag
GDP GROWTH
7.8%CURRENT US$
Rnk 161 / 195
2023
Flag
 GDP
$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH
-30%CURRENT US$
Rnk 191 / 195
2023
Flag
GDP PC 
$5,364CURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP PC GROWTH
-10.3%CURRENT US$
Rnk 169 / 195
2023
Flag
GDP PC
$1,597CURRENT US$
Rnk 164 / 196
2013-2023
Flag
GDP PC GROWTH
-44.4%CURRENT US$
Rnk 192 / 195

About

Algeria-Nigeria Trade: In 2023, Algeria exported $898k to Nigeria. The main products that Algeria exported to Nigeria were Gypsum ($292k), Baked Goods ($246k), and Hydrogen ($197k). Over the past 5 years the exports of Algeria to Nigeria have increased at an annualized rate of 6.6%, from $652k in 2018 to $898k in 2023.

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

Nigeria-Algeria In N/A, Nigeria did not export any products to Algeria.

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

Comparison: In 2023,  Algeria ranked 99 in the Economic Complexity Index (ECI -0.75), and 57 in total exports ($52.4B). 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, Algeria exported $898k to Nigeria. The main products exported from Algeria to Nigeria were Gypsum ($292k), Baked Goods ($246k), and Hydrogen ($197k). During the last 5 years the exports of Algeria to Nigeria have increased at an annualized rate of 6.6%, from $652k in 2018 to $898k in 2023.

Nigeria does not register exports to Algeria. The main products exported from Nigeria to Algeria were Other Oily Seeds ($2.61M), Cocoa Paste ($357k), and Float Glass ($209k).

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

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

Latest Data

Trade between Algeria (Flag) and Nigeria (Flag)

Algeria Exports

Nigeria Exports

Market Competitiveness

Color
Algeria
Top Destination
Italy$15.2B
Nigeria
Top Destination
United States$6.29B

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 2023, countries that imported more from Algeria than Nigeria included Italy ($15.2B), France ($7.29B), and Tunisia ($1.81B).

In 2023, countries that imported more from Nigeria than Algeria included United States ($6.29B), India ($3.64B), and Indonesia ($3.44B).

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

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 2023, Algeria had a large net trade with Nigeria in the exports of Mineral Products ($292k), Foodstuffs ($246k), and Chemical Products ($197k).

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) (2023)

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