Nigeria (NGA) and Turkey (TUR) Trade | The Observatory of Economic Complexity

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Nigeria-Turkey Trade: In 2023, Nigeria exported $1.28B to Turkey. The main products that Nigeria exported to Turkey were Crude Petroleum ($996M), Petroleum Gas ($192M), and Raw Lead ($20.2M). Over the past 5 years the exports of Nigeria to Turkey have increased at an annualized rate of 14.5%, from $652M in 2018 to $1.28B in 2023.

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

Turkey-Nigeria Trade: In 2023, Turkey exported $763M to Nigeria. The main products that Turkey exported to Nigeria were Planes, Helicopters, and/or Spacecraft ($93.1M), Petroleum Coke ($68.4M), and Electrical Transformers ($60.3M). Over the past 5 years the exports of Turkey to Nigeria have increased at an annualized rate of 12.2%, from $428M in 2018 to $763M in 2023.

In 2023, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Nigeria exported $1.28B to Turkey. The main products exported from Nigeria to Turkey were Crude Petroleum ($996M), Petroleum Gas ($192M), and Raw Lead ($20.2M). During the last 5 years the exports of Nigeria to Turkey have increased at an annualized rate of 14.5%, from $652M in 2018 to $1.28B in 2023.

In 2018, Turkey exported $763M to Nigeria. The main products exported from Turkey to Nigeria were Planes, Helicopters, and/or Spacecraft ($93.1M), Petroleum Coke ($68.4M), and Electrical Transformers ($60.3M). During the last 5 years the exports of Turkey to Nigeria have increased at an annualized rate of 12.2%, from $428M in 2023 to $763M in 2018.

Exports from Nigeria () to Turkey () (2023)

Exports from Turkey () to Nigeria () (2023)

Latest Data

Trade between Nigeria () and Turkey ()

Nigeria Exports

Date

Turkey Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nigeria
Top DestinationUnited States$6.29B

Turkey
Top DestinationGermany$24.7B

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

In 2023, countries that imported more from Nigeria than Turkey included Indonesia ($3.44B), Cote d'Ivoire ($2.4B), and South Africa ($2.37B).

In 2023, countries that imported more from Turkey than Nigeria included Germany ($24.7B), United Arab Emirates ($14.7B), and United Kingdom ($15.1B).

Difference in imports from Turkey () and Nigeria () (2023)

Comparative Advantage Nigeria - Turkey

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Nigeria had a large net trade with Turkey in the exports of Mineral Products ($1.19B), Vegetable Products ($25.8M), and Foodstuffs ($22M).

During 2018, Turkey had a large net trade with Nigeria in the exports of Machines ($168M), Mineral Products ($141M), and Transportation ($121M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Nigeria Turkey+$430MPetroleum Gas

Top Product Potential Turkey Nigeria+$77.6MRefined 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.

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Nigeria () to Turkey () (2023)

Exports from Turkey () to Nigeria () (2023)

Latest Data

Trade between Nigeria () and Turkey ()

Nigeria Exports

Turkey Exports

Market Competitiveness

Difference in imports from Turkey () and Nigeria () (2023)

Comparative Advantage Nigeria - Turkey

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Nigeria () and Turkey () (2023)

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