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2023
Flag → Flag
Exports $441MRnk 75 / 211
2023
Flag → Flag
Top Product $58.9MArtificial Filament Tow
2023
Flag → Flag
Exports $568MRnk 23 / 159
2023
Flag → Flag
Top Product $183MRaw Aluminium
2023
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
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Economic Complexity (ECI) ECI -1.75Rnk 129 / 132
2023
Flag  
GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
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GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 195
2023
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 GDP$364BCURRENT US$
Rnk 41 / 195
2013-2023
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GDP GROWTH-30%CURRENT US$
Rnk 191 / 195
2023
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GDP PC $33,767CURRENT US$
Rnk 38 / 195
2013-2023
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GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195
2023
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GDP PC$1,597CURRENT US$
Rnk 164 / 196
2013-2023
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GDP PC GROWTH-44.4%CURRENT US$
Rnk 192 / 195

About

Japan-Nigeria Trade: In 2023, Japan exported $441M to Nigeria. The main products that Japan exported to Nigeria were Artificial Filament Tow ($58.9M), Synthetic Filament Tow ($51.5M), and Motor vehicles; parts and accessories (8701 to 8705) ($49.8M). Over the past 5 years the exports of Japan to Nigeria have increased at an annualized rate of 0.82%, from $423M in 2018 to $441M in 2023.

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

Nigeria-Japan Trade: In 2023, Nigeria exported $568M to Japan. The main products that Nigeria exported to Japan were Raw Aluminium ($183M), Petroleum Gas ($141M), and Other Oily Seeds ($103M). Over the past 5 years the exports of Nigeria to Japan have decreased at an annualized rate of 9.45%,  from $933M in 2018 to $568M in 2023.

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

Comparison: In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). That same year, Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B).

Latest Trends

November, 2024

About

Overview In November 2024, Japan exported ¥3.07B and imported ¥6.82B from Nigeria, resulting in a negative trade balance of ¥3.75B. Between November 2023 and November 2024 the exports of Japan have decreased by ¥-1.37B (-30.8%) from ¥4.43B to ¥3.07B, while imports decreased by ¥-8.87B (-56.5%) from ¥15.7B to ¥6.82B.

Trade In November 2024, the top exports of Japan to Nigeria were Cars (¥639M), Hot-Rolled Iron (¥491M), Delivery Trucks (¥475M), Synthetic Filament Tow (¥447M), and Liquid Pumps (¥137M). In November 2024 the top imports of Japan from Nigeria were Raw Aluminium (¥2B), Scrap Copper (¥445M), Other Oily Seeds (¥253M), Commodities not elsewhere specified (¥24.7M), and Other Vegetable Products (¥2.11M).

Origins In November 2024 the exports of Japan were mainly from Kanagawa (¥999M), Aichi (¥810M), Hyōgo (¥662M), Osaka (¥168M), and Chiba (¥132M), while imports destinations were mainly Aichi (¥3.04B), Hyōgo (¥2.65B), Fukuoka (¥408M), Kanagawa (¥363M), and Ehime (¥269M).

Growth In November 2024, the decrease in Japan's year-by-year exports to Nigeria was explained primarily by an decrease in product exports in Laboratory Reagents (¥-245M or -99.5%), Acrylic Polymers (¥-106M or -80.3%), and Air Pumps (¥-76.1M or -99.6%). In November 2024, the decrease in Japan's year-by-year imports  from Nigeria was explained primarily by an decrease in product imports  in Raw Aluminium (¥-374M or -15.8%) and Other Oily Seeds (¥-132M or -34.2%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)¥-1.37B(-30.8%)
IMPORT GROWTH (November 2023 - November 2024)¥-8.87B(-56.5%)
MAIN EXPORTER (November 2024)Kanagawa¥999M

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Nigeria and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Nigeria and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $441M to Nigeria. The main products exported from Japan to Nigeria were Artificial Filament Tow ($58.9M), Synthetic Filament Tow ($51.5M), and Motor vehicles; parts and accessories (8701 to 8705) ($49.8M). During the last 5 years the exports of Japan to Nigeria have increased at an annualized rate of 0.82%, from $423M in 2018 to $441M in 2023.

In 2018, Nigeria exported $568M to Japan. The main products exported from Nigeria to Japan were Raw Aluminium ($183M), Petroleum Gas ($141M), and Other Oily Seeds ($103M). During the last 5 years the exports of Nigeria to Japan have decreased at an annualized rate of 9.45%, from $933M in 2023 to $568M in 2018.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$143B
Nigeria
Top DestinationUnited States$6.29B

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

In 2023, countries that imported more from Japan than Nigeria included United States ($143B), China ($138B), and Chinese Taipei ($43B).

In 2023, countries that imported more from Nigeria than Japan included Cote d'Ivoire ($2.4B), Spain ($5.76B), and Senegal ($1.02B).

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

Comparative Advantage Japan - Nigeria

Flow
Scale

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

During 2023, Japan had a large net trade with Nigeria in the exports of Transportation ($190M), Textiles ($117M), and Machines ($60M).

During 2018, Nigeria had a large net trade with Japan in the exports of Metals ($322M), Mineral Products ($141M), and Vegetable Products ($104M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Nigeria+$50.7MCars
Top Product Potential Nigeria Japan+$465MPetroleum Gas

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

Product Space of Japan (Flag) and Nigeria (Flag) (2023)

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