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2022
Flag → Flag
Exports $291MRnk 35 / 166
2022
Flag → Flag
Top Product $282MCrude Petroleum
2022
Flag → Flag
Exports $6.72MRnk 83 / 180
2022
Flag → Flag
Top Product $4.63MNon-fillet Frozen Fish
2022
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Economic Complexity (ECI) ECI -1.67Rnk 119 / 124
2022
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Economic Complexity (ECI) ECI -0.66Rnk 87 / 124
2022
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GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
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GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
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 GDP$243BCURRENT US$
Rnk 51 / 186
2012-2022
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GDP GROWTH25.9%CURRENT US$
Rnk 106 / 186
2022
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GDP PC $2,184CURRENT US$
Rnk 146 / 186
2012-2022
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GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 186
2022
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GDP PC$7,126CURRENT US$
Rnk 89 / 186
2012-2022
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GDP PC GROWTH10%CURRENT US$
Rnk 116 / 186

About

Nigeria-Peru In 2022, Nigeria exported $291M to Peru. The main products that Nigeria exported to Peru are Crude Petroleum ($282M), Float Glass ($6.94M), and Perfume Plants ($477k). During the last 27 years the exports of Nigeria to Peru have increased at an annualized rate of 47.1%, from $8.66k in 1995 to $291M in 2022.

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

Peru-Nigeria In 2022, Peru exported $6.72M to Nigeria. The main products that Peru exported to Nigeria were Non-fillet Frozen Fish ($4.63M), Excavation Machinery ($589k), and Non-fillet Fresh Fish ($541k). During the last 27 years the exports of Peru to Nigeria have increased at an annualized rate of 10.3%, from $481k in 1995 to $6.72M in 2022.

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

Comparison In 2022,  Nigeria ranked 119 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). That same year, Peru ranked 87 in the Economic Complexity Index (ECI -0.66), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nigeria exported $291M to Peru. The main products exported from Nigeria to Peru were Crude Petroleum ($282M), Float Glass ($6.94M), and Perfume Plants ($477k). During the last 27 years the exports of Nigeria to Peru have increased at an annualized rate of 47.1%, from $8.66k in 1995 to $291M in 2022.

In 2022, Peru exported $6.72M to Nigeria. The main products exported from Peru to Nigeria were Non-fillet Frozen Fish ($4.63M), Excavation Machinery ($589k), and Non-fillet Fresh Fish ($541k). During the last 27 years the exports of Peru to Nigeria have increased at an annualized rate of 10.3%, from $481k in 1995 to $6.72M in 2022.

Exports from Nigeria (Flag) to Peru (Flag) (2022)

Exports from Peru (Flag) to Nigeria (Flag) (2022)

Latest Data

Trade between Nigeria (Flag) and Peru (Flag)

Nigeria Exports

Peru Exports

Market Competitiveness

Color
Nigeria
Top DestinationSpain$9.41B
Peru
Top DestinationChina$17.6B

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

In 2021, countries that imported more from Nigeria than Peru were Spain ($9.41B), India ($8.2B), and France ($4.95B).

In 2021, countries that imported more from Peru than Nigeria were China ($17.6B), United States ($8.69B), and Chile ($1.85B).

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

Comparative Advantage Nigeria - Peru

Flow
Scale

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

During 2022, Nigeria had a large net trade with Peru in the exports of Mineral Products ($282M), Stone And Glass ($6.98M), and Vegetable Products ($948k).

During 2022, Peru had a large net trade with Nigeria in the exports of Animal Products ($5.17M), Machines ($669k), and Animal Hides ($591k).

Economic Complexity

Competitive Landscape

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

Product Space of Nigeria (Flag) and Peru (Flag) (2022)

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