2022
Flag  
GDP
$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH
135%CURRENT US$
Rnk 7 / 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 
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 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

Ireland-Nigeria Trade: In 2022, Ireland exported $334M to Nigeria. The main products that Ireland exported to Nigeria were Malt Extract ($123M), Scented Mixtures ($50.7M), and Concentrated Milk ($44.1M). Over the past 5 years the exports of Ireland to Nigeria have increased at an annualized rate of 0.45%, from $327M in 2017 to $334M in 2022.

In 2020, Ireland exported services to Nigeria worth $26.3M, with Financial services ($10.3M), Travel ($8M), and Other business services ($8M) being the largest in terms of value.

Nigeria-Ireland Trade: In 2022, Nigeria exported $7.64M to Ireland. The main products that Nigeria exported to Ireland were Ethylene Polymers ($3.31M), Scrap Plastic ($2.01M), and Polyacetals ($571k). Over the past 5 years the exports of Nigeria to Ireland have decreased at an annualized rate of 44.4%,  from $144M in 2017 to $7.64M in 2022.

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

Comparison: In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). That same year, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
Nigeria
Top Destination
Spain$9.41B

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

In 2022, countries that imported more from Ireland than Nigeria included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Nigeria+$9.14MScented Mixtures
Top Product Potential Nigeria Ireland+$583kPolyacetals

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

Product Space of Ireland (Flag) and Nigeria (Flag) (NaN)

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