NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $35.8MRnk 60 / 159
2023
Flag → Flag
Top Product $35.2MNitrogenous Fertilizers
2023
Flag → Flag
Exports $19.1MRnk 33 / 161
2023
Flag → Flag
Top Product $8.68MTanned Equine and Bovine Hides
2023
Flag
Economic Complexity (ECI) ECI -1.75Rnk 129 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.84Rnk 101 / 132
2023
Flag  
GDP$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH-30%CURRENT US$
Rnk 191 / 195
2023
Flag
 GDP$164BCURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP GROWTH244%CURRENT US$
Rnk 2 / 195
2023
Flag
GDP PC $1,597CURRENT US$
Rnk 164 / 195
2013-2023
Flag
GDP PC GROWTH-44.4%CURRENT US$
Rnk 192 / 195
2023
Flag
GDP PC$1,272CURRENT US$
Rnk 172 / 196
2013-2023
Flag
GDP PC GROWTH163%CURRENT US$
Rnk 3 / 195

About

Nigeria-Ethiopia Trade: In 2023, Nigeria exported $35.8M to Ethiopia. The main products that Nigeria exported to Ethiopia were Nitrogenous Fertilizers ($35.2M), Spark-Ignition Engines ($363k), and Synthetic Filament Yarn Woven Fabric ($47.7k). Over the past 5 years the exports of Nigeria to Ethiopia have increased at an annualized rate of 46.8%, from $5.26M in 2018 to $35.8M in 2023.

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

Ethiopia-Nigeria Trade: In 2023, Ethiopia exported $19.1M to Nigeria. The main products that Ethiopia exported to Nigeria were Tanned Equine and Bovine Hides ($8.68M), Dried Legumes ($2.84M), and Equine and Bovine Hides ($1.45M). Over the past 5 years the exports of Ethiopia to Nigeria have increased at an annualized rate of 11.1%,  from $11.2M in 2018 to $19.1M in 2023.

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

Comparison: In 2023,  Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B). That same year, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Nigeria exported $35.8M to Ethiopia. The main products exported from Nigeria to Ethiopia were Nitrogenous Fertilizers ($35.2M), Spark-Ignition Engines ($363k), and Synthetic Filament Yarn Woven Fabric ($47.7k). During the last 5 years the exports of Nigeria to Ethiopia have increased at an annualized rate of 46.8%, from $5.26M in 2018 to $35.8M in 2023.

In 2018, Ethiopia exported $19.1M to Nigeria. The main products exported from Ethiopia to Nigeria were Tanned Equine and Bovine Hides ($8.68M), Dried Legumes ($2.84M), and Equine and Bovine Hides ($1.45M). During the last 5 years the exports of Ethiopia to Nigeria have increased at an annualized rate of 11.1%, from $11.2M in 2023 to $19.1M in 2018.

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

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

Latest Data

Trade between Nigeria (Flag) and Ethiopia (Flag)

Nigeria Exports

Ethiopia Exports

Market Competitiveness

Color
Nigeria
Top DestinationUnited States$6.29B
Ethiopia
Top DestinationUnited States$487M

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

In 2023, countries that imported more from Nigeria than Ethiopia included United States ($6.29B), Spain ($5.76B), and France ($4.76B).

In 2023, countries that imported more from Ethiopia than Nigeria included Saudi Arabia ($304M), Djibouti ($155M), and Somalia ($142M).

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

Comparative Advantage Nigeria - Ethiopia

Flow
Scale

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

During 2023, Nigeria had a large net trade with Ethiopia in the exports of Chemical Products ($35.2M), Machines ($458k), and Textiles ($56.7k).

During 2018, Ethiopia had a large net trade with Nigeria in the exports of Animal Hides ($10.3M), Vegetable Products ($3.54M), and Textiles ($1.66M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nigeria Ethiopia+$97.8kCars
Top Product Potential Ethiopia Nigeria+$2.72MGas Turbines

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms