Nigeria (NGA) and Japan (JPN) Trade | The Observatory of Economic Complexity

About

Nigeria-Japan Trade: In 2023, Nigeria exported $568M to Japan. The main products that Nigeria exported to Japan were Raw Aluminium ($183M), Petroleum Gas ($141M), and Other Oily Seeds ($103M). Over the past 5 years the exports of Nigeria to Japan have decreased at an annualized rate of 9.45%, from $933M in 2018 to $568M in 2023.

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

Japan-Nigeria Trade: In 2023, Japan exported $441M to Nigeria. The main products that Japan exported to Nigeria were Artificial Filament Tow ($58.9M), Synthetic Filament Tow ($51.5M), and Motor vehicles; parts and accessories (8701 to 8705) ($49.8M). Over the past 5 years the exports of Japan to Nigeria have increased at an annualized rate of 0.82%, from $423M in 2018 to $441M in 2023.

In 2023, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Nigeria exported $568M to Japan. The main products exported from Nigeria to Japan were Raw Aluminium ($183M), Petroleum Gas ($141M), and Other Oily Seeds ($103M). During the last 5 years the exports of Nigeria to Japan have decreased at an annualized rate of 9.45%, from $933M in 2018 to $568M in 2023.

In 2018, Japan exported $441M to Nigeria. The main products exported from Japan to Nigeria were Artificial Filament Tow ($58.9M), Synthetic Filament Tow ($51.5M), and Motor vehicles; parts and accessories (8701 to 8705) ($49.8M). During the last 5 years the exports of Japan to Nigeria have increased at an annualized rate of 0.82%, from $423M in 2023 to $441M in 2018.

Exports from Nigeria () to Japan () (2023)

Exports from Japan () to Nigeria () (2023)

Latest Data

Trade between Nigeria () and Japan ()

Nigeria Exports

Date

Japan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nigeria
Top DestinationUnited States$6.29B

Japan
Top DestinationUnited States$143B

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

In 2023, countries that imported more from Nigeria than Japan included Cote d'Ivoire ($2.4B), Spain ($5.76B), and Senegal ($1.02B).

In 2023, countries that imported more from Japan than Nigeria included United States ($143B), China ($138B), and Chinese Taipei ($43B).

Difference in imports from Japan () and Nigeria () (2023)

Comparative Advantage Nigeria - Japan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Nigeria had a large net trade with Japan in the exports of Metals ($322M), Mineral Products ($141M), and Vegetable Products ($104M).

During 2018, Japan had a large net trade with Nigeria in the exports of Transportation ($190M), Textiles ($117M), and Machines ($60M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Nigeria Japan+$465MPetroleum Gas

Top Product Potential Japan Nigeria+$50.7MCars

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Nigeria () to Japan () (2023)

Exports from Japan () to Nigeria () (2023)

Latest Data

Trade between Nigeria () and Japan ()

Nigeria Exports

Japan Exports

Market Competitiveness

Difference in imports from Japan () and Nigeria () (2023)

Comparative Advantage Nigeria - Japan

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Nigeria () and Japan () (2023)

Keep Exploring