2022
Flag  
GDP
$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
 GDP
$20.7BCURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP GROWTH
20.8%CURRENT US$
Rnk 121 / 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
$1,267CURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP PC GROWTH
-1.8%CURRENT US$
Rnk 147 / 186

About

Nigeria-Zimbabwe Trade: In 2022, Nigeria exported $390k to Zimbabwe. The main products that Nigeria exported to Zimbabwe were Processed Hair ($79k), Ornamental Trimmings ($51.1k), and Motor vehicles; parts and accessories (8701 to 8705) ($35.4k). Over the past 5 years the exports of Nigeria to Zimbabwe have decreased at an annualized rate of 5.97%, from $530k in 2017 to $390k in 2022.

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

Zimbabwe-Nigeria Trade: In 2022, Zimbabwe exported $3.59M to Nigeria. The main products that Zimbabwe exported to Nigeria were Raw Tobacco ($3.34M), Gas Turbines ($241k), and Corn ($15.7k). Over the past 5 years the exports of Zimbabwe to Nigeria have increased at an annualized rate of 8.87%,  from $1.54M in 2017 to $3.59M in 2022.

In 2022, Zimbabwe 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, Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nigeria exported $390k to Zimbabwe. The main products exported from Nigeria to Zimbabwe were Processed Hair ($79k), Ornamental Trimmings ($51.1k), and Motor vehicles; parts and accessories (8701 to 8705) ($35.4k). During the last 5 years the exports of Nigeria to Zimbabwe have decreased at an annualized rate of 5.97%, from $530k in 2017 to $390k in 2022.

In 2017, Zimbabwe exported $3.59M to Nigeria. The main products exported from Zimbabwe to Nigeria were Raw Tobacco ($3.34M), Gas Turbines ($241k), and Corn ($15.7k). During the last 5 years the exports of Zimbabwe to Nigeria have increased at an annualized rate of 8.87%, from $1.54M in 2022 to $3.59M in 2017.

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

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

Latest Data

Trade between Nigeria (Flag) and Zimbabwe (Flag)

Zimbabwe Exports

Market Competitiveness

Color
Nigeria
Top Destination
Spain$9.41B
Zimbabwe
Top Destination
United Arab Emirates$4.78B

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

In 2022, countries that imported more from Nigeria than Zimbabwe included Spain ($9.41B), India ($8.2B), and France ($4.95B).

In 2022, countries that imported more from Zimbabwe than Nigeria included United Arab Emirates ($4.78B), Mozambique ($191M), and Zambia ($102M).

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

Comparative Advantage Nigeria - Zimbabwe

Flow
Scale

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

During 2022, Nigeria had a large net trade with Zimbabwe in the exports of Machines ($146k), Footwear and Headwear ($108k), and Textiles ($56.4k).

During 2017, Zimbabwe had a large net trade with Nigeria in the exports of Foodstuffs ($3.34M), Machines ($241k), and Vegetable Products ($16.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nigeria Zimbabwe+$13.2kExcavation Machinery
Top Product Potential Zimbabwe Nigeria+$3.49MRaw Tobacco

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

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

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