Flag Nigeria / South Africa Flag

Exports Flag β†’ Flag  (2018): $3.87B, Rnk 5 / 145

Top Product Flag β†’ Flag (2018): $3.82B, Crude Petroleum

Exports Flag β†’ Flag (2018): $603M, Rnk 35 / 211

Top Product Flag β†’ Flag (2018): $85.4M, Propylene Polymers

Economic Complexity of Flag (2018): ECI -1.75, Rnk 134 / 137

Economic Complexity of Flag (2018): ECI 0.16, Rnk 59 / 137

GDP Flag (2018): $397B, CURRENT US$
Rnk 29 / 196

GDP GROWTH Flag (2008-2018): 17.9%, CURRENT US$
Rnk 130 / 196

GDP Flag (2018): $368B, CURRENT US$
Rnk 32 / 196

GDP GROWTH Flag (2008-2018): 28.4%, CURRENT US$
Rnk 116 / 196

GDP PC Flag (2018): $2,028, CURRENT US$
Rnk 151 / 196

GDP PC GROWTH Flag (2008-2018): -9.57%, CURRENT US$
Rnk 169 / 196

GDP PC Flag (2018): $6,374, CURRENT US$
Rnk 97 / 196

GDP PC GROWTH Flag (2008-2018): 10.6%, CURRENT US$
Rnk 120 / 196

Nigeria-South Africa: In 2018, Nigeria exported $3.87B to South Africa. The main products exported from Nigeria to South Africa were Crude Petroleum ($3.82B), Scrap Vessels ($32.6M), and Rubber ($10.4M). During the last 23 years the exports of Nigeria to South Africa have increased at an annualized rate of 31.4%, from $7.24M in 1995 to $3.87B in 2018.

South Africa-Nigeria: In 2018, South Africa exported $603M to Nigeria. The main products exported from South Africa to Nigeria were Propylene Polymers ($85.4M), Scented Mixtures ($42.3M), and Apples and Pears ($30.5M). During the last 23 years the exports of South Africa to Nigeria have increased at an annualized rate of 11.3%, from $51.3M in 1995 to $603M in 2018.

Comparison: In 2018, Nigeria ranked 134 in the Economic Complexity Index (ECI -1.75), and 50 in total exports ($59.5B). That same year, South Africa ranked 59 in the Economic Complexity Index (ECI 0.16), and 36 in total exports ($115B). In terms of GDP Per Capita, Nigeria was ranked 151 with a GDP Per Capita of $2,028, and South Africa was ranked 97 with a GDP Per Capita of $6,374.

Bilateral Trade by Products

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Depth
Value

In 2018, Nigeria exported $3.87B to South Africa. The main products exported from Nigeria to South Africa were Crude Petroleum ($3.82B), Scrap Vessels ($32.6M), and Rubber ($10.4M). During the last 23 years the exports of Nigeria to South Africa have increased at an annualized rate of 31.4%, from $7.24M in 1995 to $3.87B in 2018.

In 2018, South Africa exported $603M to Nigeria. The main products exported from South Africa to Nigeria were Propylene Polymers ($85.4M), Scented Mixtures ($42.3M), and Apples and Pears ($30.5M). During the last 23 years the exports of South Africa to Nigeria have increased at an annualized rate of 11.3%, from $51.3M in 1995 to $603M in 2018.

Market Competitiveness

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Measure

Nigeria
Top Destination
: India, $10B

South Africa
Top Destination
: China, $18.1B

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

In 2018, countries that imported more from Nigeria than South Africa were Spain ($6.12B), India ($10B), and France ($4.02B).

In 2018, countries that imported more from South Africa than Nigeria were China ($18.1B), United Kingdom ($8.81B), and Belgium-Luxembourg ($5.92B).

Comparative Advantage Nigeria - South Africa

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Depth

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

During 2018, Nigeria had a large net trade with South Africa in the exports of Mineral Products ($3.82B), Transportation ($32.7M), and Plastics and Rubbers ($10.6M).

During 2018, South Africa had a large net trade with Nigeria in the exports of Chemical Products ($122M), Plastics and Rubbers ($104M), and Machines ($69.8M).

Tariff Section

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This sections shows import tariffs for products traded between Nigeria and South Africa (using the HS6 product classification and the last year reported).

In 2016, the products from Nigeria that paid the highest import tariffs to enter South Africa were Bovine carcasses and half carcasses, fresh or chilled (35%) and Bovine cuts bone in, fresh or chilled (35%).

In 2018, the products from South Africa that paid the highest import tariffs to enter Nigeria were Pineapples, otherwise prepared or preserved (55%) and Worn clothing and other worn articles (46.7%).

Explore Tariff Data

*The tariffs present between Nigeria and South Africa are:
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between Nigeria and South Africa. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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