France (FRA) and Nigeria (NGA) Trade | The Observatory of Economic Complexity

About

France-Nigeria In 2022, France exported $654M to Nigeria. The main products that France exported to Nigeria are Refined Petroleum ($73.6M), Vaccines, blood, antisera, toxins and cultures ($55.4M), and Hard Liquor ($49.2M). During the last 27 years the exports of France to Nigeria have increased at an annualized rate of 1.89%, from $394M in 1995 to $654M in 2022.

In 2020, France exported services to Nigeria worth $378M, with Other business services ($271M), Transportation ($49.1M), and Financial services ($38.8M) being the largest in terms of value.

Nigeria-France In 2022, Nigeria exported $4.95B to France. The main products that Nigeria exported to France were Crude Petroleum ($4.18B), Petroleum Gas ($598M), and Soybean Meal ($78.7M). During the last 27 years the exports of Nigeria to France have increased at an annualized rate of 7.07%, from $782M in 1995 to $4.95B in 2022.

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

Comparison In 2022, France ranked 14 in the Economic Complexity Index (ECI 1.31), and 8 in total exports ($608B). That same year, Nigeria ranked 119 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, France exported $654M to Nigeria. The main products exported from France to Nigeria were Refined Petroleum ($73.6M), Vaccines, blood, antisera, toxins and cultures ($55.4M), and Hard Liquor ($49.2M). During the last 27 years the exports of France to Nigeria have increased at an annualized rate of 1.89%, from $394M in 1995 to $654M in 2022.

In 2022, Nigeria exported $4.95B to France. The main products exported from Nigeria to France were Crude Petroleum ($4.18B), Petroleum Gas ($598M), and Soybean Meal ($78.7M). During the last 27 years the exports of Nigeria to France have increased at an annualized rate of 7.07%, from $782M in 1995 to $4.95B in 2022.

Exports from France () to Nigeria () (2022)

Exports from Nigeria () to France () (2022)

Latest Data

Trade between France () and Nigeria ()

France Exports

Date

Nigeria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

France
Top DestinationGermany$78.3B

Nigeria
Top DestinationSpain$9.41B

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

In 2021, countries that imported more from France than Nigeria were Germany ($78.3B), Italy ($56.4B), and Belgium ($47.8B).

In 2021, countries that imported more from Nigeria than France were Indonesia ($3.83B), India ($8.2B), and Gibraltar ($1.15B).

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

Comparative Advantage France - Nigeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, France had a large net trade with Nigeria in the exports of Chemical Products ($157M), Foodstuffs ($133M), and Machines ($119M).

During 2022, Nigeria had a large net trade with France in the exports of Mineral Products ($4.77B), Foodstuffs ($79.3M), and Chemical Products ($44.7M).

Service Trade

Bilateral Service Trade

Fra Year

In 2020, France exported services to Nigeria worth $378M, with Other business services ($271M), Transportation ($49.1M), and Financial services ($38.8M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from France () to Nigeria () (2020)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more France has comparative advantage over Nigeria. Similarly, the more yellow a dot/product is, the more Nigeria has comparative advantage over France.

About

Historical Data

Bilateral Trade by Products

Exports from France () to Nigeria () (2022)

Exports from Nigeria () to France () (2022)

Latest Data

Trade between France () and Nigeria ()

France Exports

Nigeria Exports

Market Competitiveness

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

Comparative Advantage France - Nigeria

Service Trade

Bilateral Service Trade

Services Exports from France () to Nigeria () (2020)

Economic Complexity

Competitive Landscape

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

Keep Exploring