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2023
Flag → Flag
Exports $7.63MRnk 80 / 159
2023
Flag → Flag
Top Product $5.76MWood Charcoal
2023
Flag → Flag
Exports $39.6MRnk 27 / 179
2023
Flag → Flag
Top Product $5.6MCellulose
2023
Flag
Economic Complexity (ECI) ECI -1.75Rnk 129 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.42Rnk 45 / 132
2023
Flag  
GDP$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH-30%CURRENT US$
Rnk 191 / 195
2023
Flag
GDP PC $1,597CURRENT US$
Rnk 164 / 195
2013-2023
Flag
GDP PC GROWTH-44.4%CURRENT US$
Rnk 192 / 195

About

Nigeria-Lebanon Trade: In 2023, Nigeria exported $7.63M to Lebanon. The main products that Nigeria exported to Lebanon were Wood Charcoal ($5.76M), Other Oily Seeds ($840k), and Coconuts, Brazil Nuts, and Cashews ($292k). Over the past 5 years the exports of Nigeria to Lebanon have decreased at an annualized rate of 9.82%, from $12.8M in 2018 to $7.63M in 2023.

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

Lebanon-Nigeria Trade: In 2023, Lebanon exported $39.6M to Nigeria. The main products that Lebanon exported to Nigeria were Cellulose ($5.6M), Iron Structures ($1.73M), and Insulated Wire ($1.33M). Over the past 5 years the exports of Lebanon to Nigeria have increased at an annualized rate of 2.47%,  from $35M in 2018 to $39.6M in 2023.

In 2023, Lebanon 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, Lebanon ranked 45 in the Economic Complexity Index (ECI 0.42), and 130 in total exports ($4.94B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Nigeria exported $7.63M to Lebanon. The main products exported from Nigeria to Lebanon were Wood Charcoal ($5.76M), Other Oily Seeds ($840k), and Coconuts, Brazil Nuts, and Cashews ($292k). During the last 5 years the exports of Nigeria to Lebanon have decreased at an annualized rate of 9.82%, from $12.8M in 2018 to $7.63M in 2023.

In 2018, Lebanon exported $39.6M to Nigeria. The main products exported from Lebanon to Nigeria were Cellulose ($5.6M), Iron Structures ($1.73M), and Insulated Wire ($1.33M). During the last 5 years the exports of Lebanon to Nigeria have increased at an annualized rate of 2.47%, from $35M in 2023 to $39.6M in 2018.

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

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

Latest Data

Trade between Nigeria (Flag) and Lebanon (Flag)

Nigeria Exports

Market Competitiveness

Color
Nigeria
Top DestinationUnited States$6.29B
Lebanon
Top DestinationUnited Arab Emirates$1.3B

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

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

In 2023, countries that imported more from Lebanon than Nigeria included Egypt ($340M), Iraq ($236M), and Syria ($126M).

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

Comparative Advantage Nigeria - Lebanon

Flow
Scale

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

During 2023, Nigeria had a large net trade with Lebanon in the exports of Wood Products ($5.76M), Vegetable Products ($1.54M), and Foodstuffs ($211k).

During 2018, Lebanon had a large net trade with Nigeria in the exports of Machines ($14.2M), Plastics and Rubbers ($6.26M), and Metals ($4.34M).

Economic Complexity

Competitive Landscape

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

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

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