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Pricing

2022
Flag → Flag
Exports $1.2kRnk 162 / 166
2022
Flag → Flag
Top Product $370Broadcasting Equipment
2022
Flag → Flag
Exports $21.4kRnk 64 / 121
2022
Flag → Flag
Top Product $8.85kCarboxyamide Compounds
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 119 / 124
2022
Flag  
GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
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GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
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 GDP$16.7BCURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP GROWTH-12.4%CURRENT US$
Rnk 176 / 186
2022
Flag
GDP PC $2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 186
2022
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GDP PC$37,152CURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP PC GROWTH-20.7%CURRENT US$
Rnk 174 / 186

About

Nigeria-Brunei In 2022, Nigeria exported $1.2k to Brunei. The main products that Nigeria exported to Brunei are Broadcasting Equipment ($370), Beauty Products ($279), and Packaged Medicaments ($149). During the last 20 years the exports of Nigeria to Brunei have decreased at an annualized rate of 3.27%, from $2.33k in 2002 to $1.2k in 2022.

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

Brunei-Nigeria In 2022, Brunei exported $21.4k to Nigeria. The main products that Brunei exported to Nigeria were Carboxyamide Compounds ($8.85k), Surveying Equipment ($4.54k), and Other Plastic Products ($2.82k). During the last 20 years the exports of Brunei to Nigeria have decreased at an annualized rate of 0.72%, from $24.7k in 2002 to $21.4k in 2022.

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

Comparison In 2022,  Nigeria ranked 119 in the Economic Complexity Index (ECI -1.67),  and 51 in total exports ($70.7B). That same year, Brunei ranked 90 in total exports ($14B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nigeria exported $1.2k to Brunei. The main products exported from Nigeria to Brunei were Broadcasting Equipment ($370), Beauty Products ($279), and Packaged Medicaments ($149). During the last 20 years the exports of Nigeria to Brunei have decreased at an annualized rate of 3.27%, from $2.33k in 2002 to $1.2k in 2022.

In 2022, Brunei exported $21.4k to Nigeria. The main products exported from Brunei to Nigeria were Carboxyamide Compounds ($8.85k), Surveying Equipment ($4.54k), and Other Plastic Products ($2.82k). During the last 26 years the exports of Brunei to Nigeria have decreased at an annualized rate of 0.72%, from $24.7k in 1996 to $21.4k in 2022.

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

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

Latest Data

Trade between Nigeria (Flag) and Brunei (Flag)

Nigeria Exports

Brunei Exports

Market Competitiveness

Color
Nigeria
Top DestinationSpain$9.41B
Brunei
Top DestinationAustralia$2.66B

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

In 2021, countries that imported more from Nigeria than Brunei were Spain ($9.41B), India ($8.2B), and France ($4.95B).

In 2021, countries that imported more from Brunei than Nigeria were Australia ($2.66B), Singapore ($1.97B), and Japan ($2.32B).

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

Comparative Advantage Nigeria - Brunei

Flow
Scale

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

During 2022, Nigeria had a large net trade with Brunei in the exports of Chemical Products ($540), Machines ($370), and Textiles ($219).

During 2022, Brunei had a large net trade with Nigeria in the exports of Chemical Products ($8.86k), Instruments ($4.54k), and Machines ($3.77k).

Economic Complexity

Competitive Landscape

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 Nigeria has comparative advantage over Brunei. Similarly, the more yellow a dot/product is, the more Brunei has comparative advantage over Nigeria.

Product Space of Nigeria (Flag) and Brunei (Flag) (2022)

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