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2022
Flag → Flag
Exports $474MRnk 30 / 166
2022
Flag → Flag
Top Product $272MPetroleum Gas
2022
Flag → Flag
Exports $400MRnk 51 / 210
2022
Flag → Flag
Top Product $234MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.94Rnk 3 / 133
2022
Flag  
GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
GDP PC $2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 186

About

Nigeria-Chinese Taipei Trade: In 2022, Nigeria exported $474M to Chinese Taipei. The main products that Nigeria exported to Chinese Taipei were Petroleum Gas ($272M), Crude Petroleum ($196M), and Raw Aluminium ($2.3M). Over the past 5 years the exports of Nigeria to Chinese Taipei have increased at an annualized rate of 1.47%, from $441M in 2017 to $474M in 2022.

In 2022, Nigeria did not export any services to Chinese Taipei.

Chinese Taipei-Nigeria Trade: In 2022, Chinese Taipei exported $400M to Nigeria. The main products that Chinese Taipei exported to Nigeria were Refined Petroleum ($234M), Hot-Rolled Iron ($35.4M), and Motor vehicles; parts and accessories (8701 to 8705) ($9.96M). Over the past 5 years the exports of Chinese Taipei to Nigeria have increased at an annualized rate of 28.3%,  from $115M in 2017 to $400M in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nigeria exported $474M to Chinese Taipei. The main products exported from Nigeria to Chinese Taipei were Petroleum Gas ($272M), Crude Petroleum ($196M), and Raw Aluminium ($2.3M). During the last 5 years the exports of Nigeria to Chinese Taipei have increased at an annualized rate of 1.47%, from $441M in 2017 to $474M in 2022.

In 2017, Chinese Taipei exported $400M to Nigeria. The main products exported from Chinese Taipei to Nigeria were Refined Petroleum ($234M), Hot-Rolled Iron ($35.4M), and Motor vehicles; parts and accessories (8701 to 8705) ($9.96M). During the last 5 years the exports of Chinese Taipei to Nigeria have increased at an annualized rate of 28.3%, from $115M in 2022 to $400M in 2017.

Exports from Nigeria (Flag) to Chinese Taipei (Flag) (2022)

Exports from Chinese Taipei (Flag) to Nigeria (Flag) (2022)

Market Competitiveness

Color
Nigeria
Top DestinationSpain$9.41B
Chinese Taipei
Top DestinationChina$121B

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

In 2022, countries that imported more from Nigeria than Chinese Taipei included Spain ($9.41B), India ($8.2B), and Cote d'Ivoire ($1.97B).

In 2022, countries that imported more from Chinese Taipei than Nigeria included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei (Flag) and Nigeria (Flag) (2022)

Comparative Advantage Nigeria - Chinese Taipei

Flow
Scale

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

During 2022, Nigeria had a large net trade with Chinese Taipei in the exports of Mineral Products ($468M), Metals ($4.18M), and Vegetable Products ($1.69M).

During 2017, Chinese Taipei had a large net trade with Nigeria in the exports of Mineral Products ($234M), Metals ($40.6M), and Machines ($35.9M).

Economic Complexity

Competitive Landscape

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

Product Space of Nigeria (Flag) and Chinese Taipei (Flag) (2022)

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