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Pricing

2022
Flag → Flag
Exports $43.1MRnk 55 / 166
2022
Flag → Flag
Top Product $41.5MNon-Iron and Steel Slag, Ash and Residues
2022
Flag → Flag
Exports $122MRnk 69 / 205
2022
Flag → Flag
Top Product $19.4MSpring, Air, and Gas Guns
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.55Rnk 7 / 133
2022
Flag  
GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
 GDP$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH39.3%CURRENT US$
Rnk 83 / 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
Flag
GDP PC$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH39.1%CURRENT US$
Rnk 51 / 186

About

Nigeria-Czechia Trade: In 2022, Nigeria exported $43.1M to Czechia. The main products that Nigeria exported to Czechia were Non-Iron and Steel Slag, Ash and Residues ($41.5M), Coconuts, Brazil Nuts, and Cashews ($488k), and Perfume Plants ($355k). Over the past 5 years the exports of Nigeria to Czechia have increased at an annualized rate of 34.3%, from $9.85M in 2017 to $43.1M in 2022.

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

Czechia-Nigeria Trade: In 2022, Czechia exported $122M to Nigeria. The main products that Czechia exported to Nigeria were Spring, Air, and Gas Guns ($19.4M), Wheat ($17M), and Navigation Equipment ($12.1M). Over the past 5 years the exports of Czechia to Nigeria have increased at an annualized rate of 17.9%,  from $53.7M in 2017 to $122M in 2022.

In 2019, Czechia exported services to Nigeria worth $11.9M, with Other business services ($8.4M), Transportation ($2.24M), and Travel ($448k) being the largest in terms of value.

Comparison: In 2022,  Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nigeria exported $43.1M to Czechia. The main products exported from Nigeria to Czechia were Non-Iron and Steel Slag, Ash and Residues ($41.5M), Coconuts, Brazil Nuts, and Cashews ($488k), and Perfume Plants ($355k). During the last 5 years the exports of Nigeria to Czechia have increased at an annualized rate of 34.3%, from $9.85M in 2017 to $43.1M in 2022.

In 2017, Czechia exported $122M to Nigeria. The main products exported from Czechia to Nigeria were Spring, Air, and Gas Guns ($19.4M), Wheat ($17M), and Navigation Equipment ($12.1M). During the last 5 years the exports of Czechia to Nigeria have increased at an annualized rate of 17.9%, from $53.7M in 2022 to $122M in 2017.

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

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

Latest Data

Trade between Nigeria (Flag) and Czechia (Flag)

Czechia Exports

Market Competitiveness

Color
Nigeria
Top DestinationSpain$9.41B
Czechia
Top DestinationGermany$75.3B

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

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

In 2022, countries that imported more from Czechia than Nigeria included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

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

Comparative Advantage Nigeria - Czechia

Flow
Scale

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

During 2022, Nigeria had a large net trade with Czechia in the exports of Mineral Products ($41.5M), Vegetable Products ($1.34M), and Plastics and Rubbers ($119k).

During 2017, Czechia had a large net trade with Nigeria in the exports of Machines ($51.7M), Weapons ($26.8M), and Vegetable Products ($17M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nigeria Czechia+$635kCoconuts, Brazil Nuts, and Cashews
Top Product Potential Czechia Nigeria+$10.3MWheat

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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Bilateral Service Trade

In 2019, Czechia exported services to Nigeria worth $11.9M, with Other business services ($8.4M), Transportation ($2.24M), and Travel ($448k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Czechia (Flag) to Nigeria (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Nigeria and Czechia. This means that a dot/product with the flag of Nigeria indicates it has a comparative advantage over Czechia. Similarly, a dot/product with the flag of Czechia indicates it has a comparative advantage over Nigeria.

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

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