2022
Flag  
GDP
$529BCURRENT US$
Rnk 26 / 186
2012-2022
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GDP GROWTH
135%CURRENT US$
Rnk 7 / 186
2022
Flag
 GDP
$477BCURRENT US$
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2012-2022
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GDP GROWTH
2.89%CURRENT US$
Rnk 159 / 186
2022
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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
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GDP PC GROWTH
-19.9%CURRENT US$
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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

Bilateral Trade by Products

Depth
Value

In 2022, Ireland exported $334M to Nigeria. The main products exported from Ireland to Nigeria were Malt Extract ($123M), Scented Mixtures ($50.7M), and Concentrated Milk ($44.1M). During the last 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 2017, Nigeria exported $7.64M to Ireland. The main products exported from Nigeria to Ireland were Ethylene Polymers ($3.31M), Scrap Plastic ($2.01M), and Polyacetals ($571k). During the last 5 years the exports of Nigeria to Ireland have decreased at an annualized rate of 44.4%, from $144M in 2022 to $7.64M in 2017.

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

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

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)

Comparative Advantage Ireland - Nigeria

Flow
Scale

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

During 2022, Ireland had a large net trade with Nigeria in the exports of Foodstuffs ($133M), Animal Products ($88.8M), and Chemical Products ($60.5M).

During 2017, Nigeria had a large net trade with Ireland in the exports of Plastics and Rubbers ($5.96M), Foodstuffs ($418k), and Chemical Products ($242k).

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) (2022)

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