2023
Flag  
GDP
$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH
-30%CURRENT US$
Rnk 191 / 195
2023
Flag
 GDP
$27.6BCURRENT US$
Rnk 111 / 195
2013-2023
Flag
GDP GROWTH
-1.64%CURRENT US$
Rnk 172 / 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
$1,331CURRENT US$
Rnk 171 / 196
2013-2023
Flag
GDP PC GROWTH
-26.9%CURRENT US$
Rnk 184 / 195

About

Nigeria-Zambia Trade: In 2023, Nigeria exported $2.77M to Zambia. The main products that Nigeria exported to Zambia were High-voltage Protection Equipment ($2.03M), Synthetic Filament Tow ($154k), and Sawn Wood ($140k). Over the past 5 years the exports of Nigeria to Zambia have increased at an annualized rate of 42.9%, from $464k in 2018 to $2.77M in 2023.

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

Zambia-Nigeria Trade: In 2023, Zambia exported $2.44M to Nigeria. The main products that Zambia exported to Nigeria were Ferroalloys ($1.25M), Corn ($473k), and Tractors ($281k). Over the past 5 years the exports of Zambia to Nigeria have increased at an annualized rate of 37.2%,  from $502k in 2018 to $2.44M in 2023.

In 2023, Zambia 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, Zambia ranked 94 in the Economic Complexity Index (ECI -0.65), and 85 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Nigeria exported $2.77M to Zambia. The main products exported from Nigeria to Zambia were High-voltage Protection Equipment ($2.03M), Synthetic Filament Tow ($154k), and Sawn Wood ($140k). During the last 5 years the exports of Nigeria to Zambia have increased at an annualized rate of 42.9%, from $464k in 2018 to $2.77M in 2023.

In 2018, Zambia exported $2.44M to Nigeria. The main products exported from Zambia to Nigeria were Ferroalloys ($1.25M), Corn ($473k), and Tractors ($281k). During the last 5 years the exports of Zambia to Nigeria have increased at an annualized rate of 37.2%, from $502k in 2023 to $2.44M in 2018.

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

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

Latest Data

Trade between Nigeria (Flag) and Zambia (Flag)

Nigeria Exports

Date

Zambia Exports

Market Competitiveness

Color
Nigeria
Top Destination
United States$6.29B
Zambia
Top Destination
Switzerland$4.26B

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

In 2023, countries that imported more from Nigeria than Zambia included United States ($6.29B), Spain ($5.76B), and France ($4.76B).

In 2023, countries that imported more from Zambia than Nigeria included Switzerland ($4.26B), Democratic Republic of the Congo ($1.6B), and United Arab Emirates ($1.84B).

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

Comparative Advantage Nigeria - Zambia

Flow
Scale

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

During 2023, Nigeria had a large net trade with Zambia in the exports of Machines ($2.28M), Textiles ($172k), and Wood Products ($140k).

During 2018, Zambia had a large net trade with Nigeria in the exports of Metals ($1.26M), Vegetable Products ($474k), and Transportation ($281k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nigeria Zambia+$4.8kNitrogenous Fertilizers
Top Product Potential Zambia Nigeria+$1.05MFerroalloys

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 Zambia. This means that a dot/product with the flag of Nigeria indicates it has a comparative advantage over Zambia. Similarly, a dot/product with the flag of Zambia indicates it has a comparative advantage over Nigeria.

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

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