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2022
Flag → Flag
Exports $1.21BRnk 18 / 166
2022
Flag → Flag
Top Product $865MCrude Petroleum
2022
Flag → Flag
Exports $841MRnk 60 / 219
2022
Flag → Flag
Top Product $56MGypsum
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag  
GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
 GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 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$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186

About

Nigeria-Turkey Trade: In 2022, Nigeria exported $1.21B to Turkey. The main products that Nigeria exported to Turkey were Crude Petroleum ($865M), Petroleum Gas ($253M), and Other Oily Seeds ($47.3M). Over the past 5 years the exports of Nigeria to Turkey have increased at an annualized rate of 17%, from $553M in 2017 to $1.21B in 2022.

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

Turkey-Nigeria Trade: In 2022, Turkey exported $841M to Nigeria. The main products that Turkey exported to Nigeria were Gypsum ($56M), Iron Structures ($54.8M), and Electrical Transformers ($50.3M). Over the past 5 years the exports of Turkey to Nigeria have increased at an annualized rate of 16.7%,  from $389M in 2017 to $841M in 2022.

In 2022, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nigeria exported $1.21B to Turkey. The main products exported from Nigeria to Turkey were Crude Petroleum ($865M), Petroleum Gas ($253M), and Other Oily Seeds ($47.3M). During the last 5 years the exports of Nigeria to Turkey have increased at an annualized rate of 17%, from $553M in 2017 to $1.21B in 2022.

In 2017, Turkey exported $841M to Nigeria. The main products exported from Turkey to Nigeria were Gypsum ($56M), Iron Structures ($54.8M), and Electrical Transformers ($50.3M). During the last 5 years the exports of Turkey to Nigeria have increased at an annualized rate of 16.7%, from $389M in 2022 to $841M in 2017.

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

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

Latest Data

Trade between Nigeria (Flag) and Turkey (Flag)

Nigeria Exports

Turkey Exports

Market Competitiveness

Color
Nigeria
Top DestinationSpain$9.41B
Turkey
Top DestinationGermany$21.9B

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 2022, countries that imported more from Nigeria than Turkey included India ($8.2B), Indonesia ($3.83B), and Cote d'Ivoire ($1.97B).

In 2022, countries that imported more from Turkey than Nigeria included Germany ($21.9B), Iraq ($13.7B), and United States ($17.1B).

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

Comparative Advantage Nigeria - Turkey

Flow
Scale

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

During 2022, Nigeria had a large net trade with Turkey in the exports of Mineral Products ($1.12B), Vegetable Products ($52.2M), and Chemical Products ($20.3M).

During 2017, Turkey had a large net trade with Nigeria in the exports of Machines ($187M), Mineral Products ($140M), and Metals ($116M).

Potential Exports

Potential Exports

Depth
View
Sort By
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

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.

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

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