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Pricing

2022
Flag → Flag
Exports $134kRnk 137 / 166
2022
Flag → Flag
Top Product $47.9kCars
2022
Flag → Flag
Exports $14.2MRnk 35 / 158
2022
Flag → Flag
Top Product $3.87MGas Turbines
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.72Rnk 98 / 133
2022
Flag  
GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
 GDP$127BCURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP GROWTH193%CURRENT US$
Rnk 3 / 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$1,028CURRENT US$
Rnk 168 / 186
2012-2022
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GDP PC GROWTH124%CURRENT US$
Rnk 4 / 186

About

Nigeria-Ethiopia Trade: In 2022, Nigeria exported $134k to Ethiopia. The main products that Nigeria exported to Ethiopia were Cars ($47.9k), Computers ($17.3k), and Aircraft Parts ($10.4k). Over the past 5 years the exports of Nigeria to Ethiopia have decreased at an annualized rate of 69.8%, from $53.8M in 2017 to $134k in 2022.

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

Ethiopia-Nigeria Trade: In 2022, Ethiopia exported $14.2M to Nigeria. The main products that Ethiopia exported to Nigeria were Gas Turbines ($3.87M), Tanned Equine and Bovine Hides ($2.75M), and Dried Legumes ($976k). Over the past 5 years the exports of Ethiopia to Nigeria have decreased at an annualized rate of 19.7%,  from $42.5M in 2017 to $14.2M in 2022.

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

Comparison: In 2022,  Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). That same year, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nigeria exported $134k to Ethiopia. The main products exported from Nigeria to Ethiopia were Cars ($47.9k), Computers ($17.3k), and Aircraft Parts ($10.4k). During the last 5 years the exports of Nigeria to Ethiopia have decreased at an annualized rate of 69.8%, from $53.8M in 2017 to $134k in 2022.

In 2017, Ethiopia exported $14.2M to Nigeria. The main products exported from Ethiopia to Nigeria were Gas Turbines ($3.87M), Tanned Equine and Bovine Hides ($2.75M), and Dried Legumes ($976k). During the last 5 years the exports of Ethiopia to Nigeria have decreased at an annualized rate of 19.7%, from $42.5M in 2022 to $14.2M in 2017.

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

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

Latest Data

Trade between Nigeria (Flag) and Ethiopia (Flag)

Nigeria Exports

Ethiopia Exports

Market Competitiveness

Color
Nigeria
Top DestinationSpain$9.41B
Ethiopia
Top DestinationUnited Arab Emirates$723M

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 2022, countries that imported more from Nigeria than Ethiopia included Spain ($9.41B), India ($8.2B), and France ($4.95B).

In 2022, countries that imported more from Ethiopia than Nigeria included Somalia ($265M), United Arab Emirates ($723M), and Djibouti ($86.8M).

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

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 2022, Nigeria had a large net trade with Ethiopia in the exports of Transportation ($60.2k), Machines ($30.7k), and Metals ($11.6k).

During 2017, Ethiopia had a large net trade with Nigeria in the exports of Machines ($5.71M), Animal Hides ($3.16M), and Vegetable Products ($1.7M).

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.

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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) (2022)

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