2022
Flag  
GDP
$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
 GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 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
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 186

About

Nigeria-Israel Trade: In 2022, Nigeria exported $218M to Israel. The main products that Nigeria exported to Israel were Crude Petroleum ($213M), Other Oily Seeds ($2.79M), and Wood Charcoal ($1.18M). Over the past 5 years the exports of Nigeria to Israel have increased at an annualized rate of 130%, from $3.37M in 2017 to $218M in 2022.

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

Israel-Nigeria Trade: In 2022, Israel exported $65M to Nigeria. The main products that Israel exported to Nigeria were Refined Petroleum ($28.2M), Video Cameras ($2.22M), and Telephones ($2.17M). Over the past 5 years the exports of Israel to Nigeria have decreased at an annualized rate of 16.2%,  from $158M in 2017 to $65M in 2022.

In 2012, Israel exported services to Nigeria worth $0, with 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, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Historical Data

Latest Data

Trade between Nigeria (Flag) and Israel (Flag)

Nigeria Exports

Israel Exports

Market Competitiveness

Color
Nigeria
Top Destination
Spain$9.41B
Israel
Top Destination
United States$20.3B

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

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

In 2022, countries that imported more from Israel than Nigeria included United States ($20.3B), Palestine ($4.6B), and China ($5.53B).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nigeria Israel+$152MCrude Petroleum
Top Product Potential Israel Nigeria+$33.8MRefined Petroleum

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

Product Space of Nigeria (Flag) and Israel (Flag) (NaN)

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