France-Nigeria Trade: In 2022, France exported $654M to Nigeria. The main products that France exported to Nigeria were Refined Petroleum ($73.6M), Vaccines, blood, antisera, toxins and cultures ($55.4M), and Hard Liquor ($49.2M). Over the past 5 years the exports of France to Nigeria have decreased at an annualized rate of 12.5%, from $1.28B in 2017 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 Trade: 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). Over the past 5 years the exports of Nigeria to France have increased at an annualized rate of 11.8%, from $2.83B in 2017 to $4.95B in 2022.
In 2022, Nigeria did not export any services to France.
Comparison: In 2022, France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B). That same year, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).