Flag Nigeria / Netherlands Flag

2019
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Exports
: $3.55B, Rnk 7 / 151

2019
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Top Product
: $2.74B, Crude Petroleum

2019
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Exports
: $5.91B, Rnk 17 / 223

2019
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Top Product
: $4.33B, Refined Petroleum

2019
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Economic Complexity (ECI)
: ECI -1.6, Rnk 140 / 146

2019
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Economic Complexity (ECI)
: ECI 1.19, Rnk 22 / 146

2019
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GDP
: $448B, CURRENT US$
Rnk 25 / 187

2009-2019
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GDP GROWTH
: 53.5%, CURRENT US$
Rnk 87 / 187

2019
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 GDP
: $907B, CURRENT US$
Rnk 17 / 187

2009-2019
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GDP GROWTH
: 4.49%, CURRENT US$
Rnk 169 / 187

2019
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GDP PC 
: $2,230, CURRENT US$
Rnk 140 / 187

2009-2019
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GDP PC GROWTH
: 17.9%, CURRENT US$
Rnk 120 / 187

2019
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GDP PC
: $52,331, CURRENT US$
Rnk 13 / 187

2009-2019
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GDP PC GROWTH
: -0.35%, CURRENT US$
Rnk 163 / 187

Nigeria-Netherlands In 2019, Nigeria exported $3.55B to Netherlands. The main products that Nigeria exported to Netherlands are Crude Petroleum ($2.74B), Cocoa Beans ($276M), and Petroleum Gas ($255M). During the last 24 years the exports of Nigeria to Netherlands have increased at an annualized rate of 10%, from $360M in 1995 to $3.55B in 2019.

In 2019, Nigeria did not export any services to Netherlands.

Netherlands-Nigeria In 2019, Netherlands exported $5.91B to Nigeria . The main products that Netherlands exported to Nigeria were Refined Petroleum ($4.33B), Packaged Medicaments ($627M), and Non-fillet Frozen Fish ($195M). During the last 24 years the exports of Netherlands to Nigeria have increased at an annualized rate of 13.7%, from $271M in 1995 to $5.91B in 2019.

In 2018, Netherlands exported services to Nigeria worth $407M, with Other business services ($265M), Transportation ($75.2M), and Computer and information services ($60.7M) being the largest in terms of value.

Comparison In 2019,  Nigeria ranked 140 in the Economic Complexity Index (ECI -1.6), and 47 in total exports ($63.8B). That same year, Netherlands ranked 22 in the Economic Complexity Index (ECI 1.19), and 7 in total exports ($534B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Nigeria exported $3.55B to Netherlands. The main products exported from Nigeria to Netherlands were Crude Petroleum ($2.74B), Cocoa Beans ($276M), and Petroleum Gas ($255M). During the last 24 years the exports of Nigeria to Netherlands have increased at an annualized rate of 10%, from $360M in 1995 to $3.55B in 2019.

In 2019, Netherlands exported $5.91B to Nigeria. The main products exported from Netherlands to Nigeria were Refined Petroleum ($4.33B), Packaged Medicaments ($627M), and Non-fillet Frozen Fish ($195M). During the last 24 years the exports of Netherlands to Nigeria have increased at an annualized rate of 13.7%, from $271M in 1995 to $5.91B in 2019.

Nigeria Exports

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Netherlands Exports

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Market Competitiveness

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Measure

Nigeria
Top Destination
: India, $10.5B

Netherlands
Top Destination
: Germany, $106B

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

In 2019, countries that imported more from Nigeria than Netherlands were India ($10.5B), Ghana ($4.04B), and South Africa ($3.65B).

In 2019, countries that imported more from Netherlands than Nigeria were Germany ($106B), Belgium ($65.7B), and United Kingdom ($48.5B).

Comparative Advantage Nigeria - Netherlands

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Depth

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

During 2019, Nigeria had a large net trade with Netherlands in the exports of Mineral Products ($3.1B), Foodstuffs ($293M), and Transportation ($86.9M).

During 2019, Netherlands had a large net trade with Nigeria in the exports of Mineral Products ($4.34B), Chemical Products ($721M), and Machines ($293M).

Tariff Section

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This section shows import tariffs for products traded between Nigeria and Netherlands (using the HS6 product classification and the last year reported).

In 2016, the products from Nigeria that paid the highest import tariffs to enter Netherlands were Bovine carcasses and half carcasses, fresh or chilled (35%) and Bovine cuts bone in, fresh or chilled (35%).

In 2019, the products from Netherlands that paid the highest import tariffs to enter Nigeria were Vermouth and other flavoured grape wines - pack > 2l (72.3k%) and Sugar beet (168%).

*The tariffs present between Nigeria and Netherlands are:
136: Most Favoured Nation duty rate treatement

Bilateral Service Trade

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In 2018, Netherlands exported services to Nigeria worth $407M, with Other business services ($265M), Transportation ($75.2M), and Computer and information services ($60.7M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Nigeria has comparative advantage over Netherlands. Similarly, the more red a dot/product is, the more Netherlands has comparative advantage over Nigeria.