2023
Flag  
GDP
$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH
-30%CURRENT US$
Rnk 191 / 195
2023
Flag
 GDP
$213BCURRENT US$
Rnk 55 / 195
2013-2023
Flag
GDP GROWTH
7.18%CURRENT US$
Rnk 163 / 195
2023
Flag
GDP PC 
$1,597CURRENT US$
Rnk 164 / 195
2013-2023
Flag
GDP PC GROWTH
-44.4%CURRENT US$
Rnk 192 / 195
2023
Flag
GDP PC
$80,196CURRENT US$
Rnk 10 / 196
2013-2023
Flag
GDP PC GROWTH
-22.7%CURRENT US$
Rnk 182 / 195

About

Nigeria-Qatar Trade: In 2023, Nigeria exported $1.11M to Qatar. The main products that Nigeria exported to Qatar were Coconuts, Brazil Nuts, and Cashews ($877k), Wood Charcoal ($139k), and Machinery Having Individual Functions ($52.4k). Over the past 5 years the exports of Nigeria to Qatar have decreased at an annualized rate of 7.18%, from $1.61M in 2018 to $1.11M in 2023.

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

Qatar-Nigeria Trade: In 2023, Qatar exported $122M to Nigeria. The main products that Qatar exported to Nigeria were Ethylene Polymers ($89.4M), Refined Petroleum ($15.4M), and Sodium or Potassium Peroxides ($9.75M). Over the past 5 years the exports of Qatar to Nigeria have increased at an annualized rate of 19.1%,  from $51.1M in 2018 to $122M in 2023.

In 2023, Qatar 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, Qatar ranked 78 in the Economic Complexity Index (ECI -0.33), and 36 in total exports ($118B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Nigeria exported $1.11M to Qatar. The main products exported from Nigeria to Qatar were Coconuts, Brazil Nuts, and Cashews ($877k), Wood Charcoal ($139k), and Machinery Having Individual Functions ($52.4k). During the last 5 years the exports of Nigeria to Qatar have decreased at an annualized rate of 7.18%, from $1.61M in 2018 to $1.11M in 2023.

In 2018, Qatar exported $122M to Nigeria. The main products exported from Qatar to Nigeria were Ethylene Polymers ($89.4M), Refined Petroleum ($15.4M), and Sodium or Potassium Peroxides ($9.75M). During the last 5 years the exports of Qatar to Nigeria have increased at an annualized rate of 19.1%, from $51.1M in 2023 to $122M in 2018.

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

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

Latest Data

Trade between Nigeria (Flag) and Qatar (Flag)

Nigeria Exports

Qatar Exports

Market Competitiveness

Color
Nigeria
Top Destination
United States$6.29B
Qatar
Top Destination
China$20.9B

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

In 2023, countries that imported more from Nigeria than Qatar included United States ($6.29B), Spain ($5.76B), and Indonesia ($3.44B).

In 2023, countries that imported more from Qatar than Nigeria included China ($20.9B), South Korea ($12.1B), and India ($12.9B).

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

Comparative Advantage Nigeria - Qatar

Flow
Scale

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

During 2023, Nigeria had a large net trade with Qatar in the exports of Vegetable Products ($892k), Wood Products ($139k), and Machines ($53.7k).

During 2018, Qatar had a large net trade with Nigeria in the exports of Plastics and Rubbers ($90M), Mineral Products ($15.9M), and Chemical Products ($13.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nigeria Qatar+$457kCoconuts, Brazil Nuts, and Cashews
Top Product Potential Qatar Nigeria+$3.85MRefined Petroleum

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

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with