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2015
Flag → Flag
Exports $8.15MRnk 158 / 0
2015
Flag → Flag
Exports $4.28MRnk 20 / 80
2015
Flag → Flag
Top Product $1.5MCars
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag  
GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
 GDP$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH55.5%CURRENT US$
Rnk 49 / 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$6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH95.3%CURRENT US$
Rnk 9 / 186

About

Nigeria-Marshall Islands Trade: In 2015, Nigeria exported $8.15M to Marshall Islands. The main products that Nigeria exported to Marshall Islands were N/A. Over the past 13 years the exports of Nigeria to Marshall Islands have increased at an annualized rate of 54.1%, from $29.4k in 2002 to $8.15M in 2015.

In 2015, Nigeria did not export any services to Marshall Islands.

Marshall Islands-Nigeria Trade: In 2015, Marshall Islands exported $4.28M to Nigeria. The main products that Marshall Islands exported to Nigeria were Cars ($1.5M), Passenger and Cargo Ships ($1.1M), and Delivery Trucks ($740k). Over the past 13 years the exports of Marshall Islands to Nigeria have increased at an annualized rate of 515%,  from $488 in 2002 to $4.28M in 2015.

In 2015, Marshall Islands 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, Marshall Islands ranked 160 in total exports ($1.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2015, Nigeria exported $8.15M to Marshall Islands. There were not main exports from Nigeria to Marshall Islands in 2015. During the last 13 years the exports of Nigeria to Marshall Islands have increased at an annualized rate of 54.1%, from $29.4k in 2002 to $8.15M in 2015.

In 2017, Marshall Islands exported $4.28M to Nigeria. The main products exported from Marshall Islands to Nigeria were Cars ($1.5M), Passenger and Cargo Ships ($1.1M), and Delivery Trucks ($740k). During the last 5 years the exports of Marshall Islands to Nigeria have increased at an annualized rate of 515%, from $488 in 2022 to $4.28M in 2017.

Exports from Nigeria (Flag) to Marshall Islands (Flag) (2022)

Exports from Marshall Islands (Flag) to Nigeria (Flag) (2022)

Market Competitiveness

Color
Nigeria
Top DestinationSpain$9.41B
Marshall Islands
Top DestinationGermany$327M

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

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

In 2022, countries that imported more from Marshall Islands than Nigeria included Denmark ($159M), Malta ($66.2M), and Tanzania ($41M).

Difference in imports from Marshall Islands (Flag) and Nigeria (Flag) (2022)

Comparative Advantage Nigeria - Marshall Islands

Flow
Scale

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

During 2015, Nigeria had a large net trade with Marshall Islands in the exports of .

During 2017, Marshall Islands had a large net trade with Nigeria in the exports of Transportation ($3.99M), Chemical Products ($182k), and Metals ($53.7k).

Economic Complexity

Competitive Landscape

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

Product Space of Nigeria (Flag) and Marshall Islands (Flag) (2022)

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